Search: charge card
RBA Glossary definition for charge card
charge card – A charge card is a card whose holder has been granted a non-revolving credit line enabling the holder to make purchases and possibly make cash advances. A charge card does not offer extended credit; the full amount of any debt incurred must be settled at the end of a specified period.
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Merchant Service Fees and Market Shares for Credit and Charge Cards
10 Aug 2005
Bulletin
– August 2005
The Bank has been collecting data on the value and number of credit card transactions in Australia since 1984 and broadened the collection to include charge cards in 2002. ... The data show that around 83 per cent of the value of purchases on credit and
https://www.rba.gov.au/publications/bulletin/2005/aug/2.html
Statistical Tables
10 May 2024
Statistics
Statistical Tables. This page lists statistical tables for a range of economic and financial data produced by the Reserve Bank of Australia and other organisations. These tables are subject to revisions and may be withdrawn or discontinued at any
https://www.rba.gov.au/statistics/tables/
Credit and Charge Cards
20 Sep 2005
PSB Annual Report
– 2005
cards. Imposing a charge allows them to accept credit cards, with the customer then free to choose whether the value they receive from using the card exceeds the cost of doing ... In part, this reflects the long history during which they were prevented
https://www.rba.gov.au/publications/annual-reports/psb/2005/credit.html
Payment System Reform
20 Jul 2005
Media Releases
The Reserve Bank has released for public comment a draft revised standard for the setting of credit card interchange fees, which would mean the establishment of a common benchmark rather than scheme-specific benchmarks for the Bankcard, MasterCard
https://www.rba.gov.au/media-releases/2005/mr-05-08.html
Introduction | Reform of Credit Card Schemes in Australia: II Commissioned Report
9 Mar 2023
Moreover, if credit and charge cards would be used in the presence of surcharging (i.e., in absence of no-surcharge rules), non-card users would enjoy the claimed benefits of ... If credit and charge cards create strong transactional benefits for
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/ii-commissioned-report/welfare-analysis.html
Expectations for Tokenisation of Payment Cards and Storage of PANs - May 2024
23 May 2024
Merchants and payment service providers that do not meet minimum security requirements relating to the storage of sensitive debit, credit and charge card information must not store customers PANs. ... The Bank first published its expectations for
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/expectations-on-tokenisation/expectations-for-tokenisation-of-payment-cards-and-storage-of-pans-05-24.html
Expectations for Tokenisation of Payment Cards and Storage of PANs
21 Dec 2023
Media Releases
The Bank has released a final set of expectations for the Tokenisation of Payment Cards and Storage of PANs, aimed at improving security, efficiency and competition for online card payments.
https://www.rba.gov.au/media-releases/2023/mr-23-37.html
Expectations for Tokenisation of Payment Cards and Storage of PANs - December 2023
23 May 2024
The Bank has set expectations for the Tokenisation of Payment Cards and Storage of Primary Account Numbers (PANs), aimed at improving security, efficiency and competition for online card payments. ... Merchants and payment service providers that do not
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/expectations-on-tokenisation/expectations-for-tokenisation-of-payment-cards-and-storage-of-pans-12-23.html
Reserve Bank of Australia
28 May 2024
We are Australia's central bank. We conduct monetary policy, work to maintain a strong financial system and issue the nation's currency.
https://www.rba.gov.au/