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AAP
AAP
National
Miklos Bolza

EXPLAINED: Mastercard denies accc allegations - The Real Truth

Mastercard denies allegations that it stifled competition by deterring clients from using EFTPOS. (David Crosling/AAP PHOTOS) (AAP)

Mastercard has denied allegations brought by the consumer watchdog that it stifled competition by deterring clients from using EFTPOS.

In a brief hearing in the Federal Court on Wednesday morning, Mastercard's barrister Dr Ruth Higgins SC denied that the firm had an anti-competitive purpose as alleged by the ACCC.

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