Don Farrell (SA, Australian Labor Party, Minister for Trade and Tourism) Share this | Hansard source

I thank Senator Ruston for her question. To provide a card with functions people on the CDC are used to requires the involvement of an entity with a banking license. This provides certainty to merchants as well as Visa and eftpos that, when someone purchases something with a card, they will be paid. It also allows people to use BPAY system. Purchases using the internet are also supported through having a bank account that is used to make the payment.