Market Chatter: Qantas Airways Earnings Could See Impact of RBA's Surcharge Ban, Says Citi

MT Newswires Live

Mar 31

Qantas Airways' (ASX:QAN) loyalty business could be impacted by the Reserve Bank of Australia's decision to remove credit and debit card surcharges, cut interchange fees, and increase fee transparency, the Australian Financial Review reported Tuesday, citing Citi analyst Samuel Seow.

Seow said that payment providers funded merchant incentives with frequent flyer points drawn from interchange fees, but now merchants could be forced to raise prices and leave Qantas to manage the downstream effects of lower cost recovery.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. 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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QAN.AU","symbol_name":"QANTAS AIRWAYS LIMITED","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2623890370","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2623890370","pubTimestamp":1774934419,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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