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Australia Pushes to Regulate Mobile Wallets Amid Digital Payment Surge Monday, February 24, 2025   (0 Comments) Posted by: Sierra Lindemann With Australians making over 500 million mobile wallet payments each month, the Australian Banking Association (ABA) is urging Parliament to modernize the country’s outdated payments regulations. The proposed legislation would give the Reserve Bank of Australia (RBA) authority to oversee all players, including Apple and Google, ensuring fair competition and consumer protection. ABA CEO Anna Bligh warns that without reform, Australia risks falling behind global standards in payments regulation. members rEAD MORE not a member? jOIN NOW « Back to Index