It’s been argued that tiering is in effect a rate increase….. No, I don’t think so. Tiering is a form of mitigation. That’s why it was set. Is it a form of mitigation that lays the ground for further rate cuts?
Banks and payment system operators could leverage on the huge potential of e-commerce and m-commerce. Section 5: the enablers Strategic Partnership – The evolving payment systems scenario offers new challenges and opportunities to all segments of this industry.