The RBA have initiated a review on the banks/service providers with regard to the merchant fees they charge, the suggestion is that the fees they charge retailers are too high.
So the likely outcome is that retail customers stop paying surcharges on debit cards, the retailers (who are paying merchant fees) will pay less & the banks/ service providers margins will get their margins squeezed.
IMO you wouldn't want to be invested in a small player providing payments services with the same business model as the banks going forward.
- Forums
- ASX - By Stock
- SMP
- Ann: Market update on debit card surcharging in Australia.
SMP
smartpay holdings limited
Add to My Watchlist
0.00%
!
$1.03

Ann: Market update on debit card surcharging in Australia., page-22
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$1.03 |
Change
0.000(0.00%) |
Mkt cap ! $247.9M |
Open | High | Low | Value | Volume |
$1.03 | $1.04 | $1.02 | $392.8K | 383.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 818 | $1.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.04 | 37268 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 818 | 1.025 |
1 | 25000 | 1.015 |
2 | 14610 | 1.010 |
1 | 50000 | 1.005 |
4 | 79631 | 1.000 |
Price($) | Vol. | No. |
---|---|---|
1.035 | 37268 | 2 |
1.040 | 154135 | 2 |
1.050 | 59662 | 3 |
1.060 | 63820 | 2 |
1.070 | 1000 | 1 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
Featured News
SMP (ASX) Chart |
The Watchlist
PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
SPONSORED BY The Market Online