Senate debates Bills
Social Security (Administration) Amendment (Repeal of Cashless Debit Card and Other Measures) Bill 2022; In Committee
Don Farrell SA, Australian Labor Party, Minister for Trade and Tourism
9:06 pm
The account provider will perform the back office functions that support the card. These include providing the bank account, the transaction processing, the system that approves transactions at the sale terminal, the payment of accounts to Visa and EFTPOS, the fraud monitoring and the reporting to Services Australia.
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