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Venue

Bellagio Hotel & Casino
3600 Las Vegas Blvd South
Las Vegas, NV 89109

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Thursday, November 3, 2011

11:15 AM - 12:00 PM

EFTPOS AND REGULATION OF THE AUSTRALIAN DEBIT MARKET: A CASE STUDY

Bruce Mansfield, Managing Director, EFTPOS

Australia provides a case study of debit regulation in action.  A few years earlier, the Reserve Bank of Australia began actively regulating the Australian debit market, capping signature debit interchange rates at $0.12 and facilitating the formation of eftpos Payments Australia Limited (ePAL) to ensure a strong focus on PIN debit and a competitive market.

In this keynote address, Bruce Mansfield will discuss:

  • The regulatory landscape in Australia and its impact on competition and efficiency in debit payments
  • The role of PIN debit versus signature debit, and the strategies being employed
  • Three key issues – interchange regulation, card branding and transaction routing
  • Future outlook, including NFC and mobile

 

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