Mastercard executive tells court of concern about Australia deal structure
By Saloni Sinha ( May 15, 2026, 07:29 GMT | Insight) -- A Mastercard executive accepted in an Australian court that he had concerns about the structure of strategic merchant agreements that tied discounted interchange rates to volume commitments from Australian retailers. In an ongoing antitrust trial in the Federal Court, Mastercard’s Richard Koh said he was concerned when he first saw the agreement with online-ticketing platform Ticketek because it involved the payments company offering interchange discounts to a merchant in return for commercial benefits.A Mastercard executive accepted in an Australian court that he had concerns about the structure of strategic merchant agreements that tied discounted interchange rates to volume commitments from Australian retailers....
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