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RESERVE BANK OF AUSTRALIA

Credit Cards

Regulatory Decisions

March 2014

Variations to the MasterCard and Visa Access Regimes

Payment Card Access Regimes: Conclusions

Media Release issued 7 March 2014

November 2012

Variation to Standards Relating to Merchant Surcharging

Gazettal Notice: Variation to Standards Relating to Merchant Surcharging [PDF 263K]

Media Release issued 22 November 2012

June 2012

A Variation to the Surcharging Standards: Final Reforms and Regulation Impact Statement

Gazettal Notice: Variation to Standards Relating to Merchant Surcharging [PDF 381K]

Final Reforms and Regulatory Impact Statement

Media Release issued 12 June 2012

December 2008

Variation of Credit Card Interchange Fees Standard

Gazettal Notice: Variation of Interchange Fees Standards [PDF 205K]

Waiver of Requirement to Recalculate Interchange Fee Benchmark

Media Release issued on 10 December 2008

March 2007

Impact of Interchange Standard on Competition between Card Schemes

Media Release issued on 5 March 2007

September 2006

Interchange Fee Benchmark for MasterCard and Visa

Credit Card Benchmark Calculation [PDF 16K]

Media Release issued 29 September 2006

April 2006

Closure of Bankcard Scheme
Variation of Common Credit Card Interchange Standard to remove references to Bankcard Scheme

Gazettal Notice: The Setting of Wholesale (“Interchange”) Fees in the Designated Credit Card Schemes [PDF 93K]

Revocation of Designation of Bankcard Scheme

Gazettal Notices: Designation [PDF 46K], Interchange Standard [PDF 50K], Access Regime [PDF 46K]

Media Release issued on 27 April 2006

November 2005

Common Benchmark for the Setting of Credit Card Interchange Fees

Final Standard and Explanatory Document

Gazettal Notices [PDF 200K]

Media Release issued on 25 November 2005

[See also: Initial Consultation, Consultation Document on Draft Charges, Submissions on Draft Standard]

February 2005

Decision on Regulation of American Express and Diners Club

Media Release issued on 24 February 2005

September 2004

Merchant Pricing – American Express

American Express Undertaking

February 2004

Reform of Credit Card Schemes in Australia – Access Regime

Gazettal Notices – Final Access Regimes:

Bankcard [PDF 28K]

MasterCard [PDF 28K]

VISA [PDF 28K]

Media Release issued on 23 February 2004

July 2003

Reform of Credit Card Schemes in Australia – Draft Access Regime

Gazettal Notice: Draft Access Regimes [PDF 233K]

Media Release issued on 24 July 2003

Payment Systems (Regulation) Regulations 2003 (Trade Practices Act)

Media Release issued on 1 July 2003

[See also: Responses to revised draft Access Regimes]

August 2002

Standards on Interchange Fees and Merchant Pricing

IV Final Reforms and Regulation Impact Statement

Gazettal Notices:

Bankcard [PDF 228K]

MasterCard [PDF 323K]

VISA [PDF 319K]

Media Release issued on 27 August 2002

April 2001

Designation of Credit Card Schemes in Australia

Gazettal Notices:

Bankcard [PDF 28K]

MasterCard [PDF 29K]

VISA [PDF 29K]

Media Release issued on 12 April 2001