Media Release Reform of Debit Card Schemes in Australia

The Reserve Bank welcomes today's decision of the Federal Court concerning the Bank's designation of the EFTPOS system.

The Bank will now complete its consultation on the draft standards for both the EFTPOS and Visa Debit systems released in February 2005. It will also consider access arrangements in the EFTPOS system.

Enquiries

Philip Lowe
Assistant Governor (Financial System)
Reserve Bank of Australia
SYDNEY

Phone: +61 2 9551 8510

John Veale
Head of Payments Policy Department
Reserve Bank of Australia
SYDNEY

Phone: +61 2 9551 8710

Manager, Media Office
Information Department
Reserve Bank of Australia
SYDNEY

Phone: +61 2 9551 8111
Fax: +61 2 9221 5528
E-mail: rbainfo@rba.gov.au