Mastercard outage reported due to 'global' issue
Shoppers across Australia reported issues with card payments, with Commonwealth Bank saying payments were being declined due to a global issue with Mastercard. The outage disrupted everyday retail transactions nationwide.
Shoppers across Australia reported widespread issues with card payments on Saturday. Commonwealth Bank, one of the country's largest banks, said the declined payments stemmed from a global issue affecting Mastercard's network.
The outage disrupted everyday transactions at retail points ranging from supermarkets to small businesses. Some consumers turned to cash payments instead, while it remained unclear whether other card providers were also affected.
The incident again highlighted how heavily the modern retail economy depends on a single payment network functioning without technical failures. Mastercard is expected to provide further detail on the scope and root cause of the disruption.
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