ABOUT

Payments

Advisory Committee

• The Payments Advisory Committee provides the retail industry with a centralised platform of thought leadership specific to merchant payments
• Consumers’ methods of payment have a significant impact on retail costs
• The Committee is comprised of retail professionals in payments, finance, and digital roles
• The Committee informs and supports the ARA’s advocacy to achieve industry-wide equity and payment efficiency

PAYMENTS ADVISORY COMMITTEE CHARTER

Achievements

• Ensuring a competitive market for payments and maximising cost savings for retailers over time, including through least-cost routing
• Contributing to policy on issues including: competition, least-cost routing, electronic payments, surcharging, and payment regulation.
• Ensuring retailers remain abreast of developments and innovations in the payments industry

Key Recent Issues

• Least cost routing
• Fee transparency
• Payments innovation
• Payment fraud and security

For more information, please contact the secretariat for this committee:
Tim Janczuk committees@retail.org.au