TC18-18 Agency recouping of merchant interchange fees

A cost of acceptance is incurred by government agencies and State-Owned Corporations when they accept card payment from customers.

NSW Government agencies are required to apply the rules issued under Standard No. 3 of 2016, 'Scheme rules relating to merchant pricing for credit, debit and prepaid card transactions' (RBA Standard No. 3), issued by the Reserve Bank of Australia (RBA), when recovering the cost of acceptance. 

This Circular replaces Treasury Circular 12/13 'Agency recouping of merchant interchange fees'.

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Download TC18-18 Agency recouping of merchant interchange fees PDF 157.92KB File last updated on: 09 May 2025.

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Type: Treasury Circulars (TC)
Author: NSW Treasury
Publication Date: 20 December 2018

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Business and economyMoney and taxesNSW GovernmentCommercial Policy
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