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Overhaul of payments system to cover digital wallets, buy now pay later, cryptocurrency

  • Written by: Michelle Grattan, Professorial Fellow, University of Canberra
Overhaul of payments system to cover digital wallets, buy now pay later, cryptocurrencyshutterstock

Treasurer Josh Frydenberg will announce on Wednesday a comprehensive reform of regulations governing the payments system, to bring it up to date with innovations such as digital wallets and cryptocurrency.

The government says without the changes – the biggest in 25 years – Australians businesses and consumers could...

Read more: Overhaul of payments system to cover digital wallets, buy now pay later, cryptocurrency

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