One driver behind the planned relaxation of the payment card regulation framework, which became entrenched in Australia a decade ago, is a shift in thinking at the Australian Prudential Regulation Authority.According to the Payments System Board, "APRA's supervision of SCCIs largely operates to protect the MasterCard and Visa systems rather than the users of those systems.""This might be justified if these exposures were of a scale that presented some risk to financial stability, but the average daily value of transactions in all credit card systems in Australia averaged only A$720 million per day in 2012/13."The PSB said that "APRA believes that supervising credit card system participants is no longer an appropriate use of its resources and is not consistent with its core mandate.""In APRA's view, responsibility for determining access to the card schemes rests with the schemes themselves, not a prudential regulator charged with the protection of depositors."