Senate debates Bills

Social Security (Administration) Amendment (Repeal of Cashless Debit Card and Other Measures) Bill 2022; In Committee


Don Farrell

Don Farrell SA, Australian Labor Party, Minister for Trade and Tourism

7:51 pm

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.

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