Search: smart card
RBA Glossary definition for smart card
smart card – Also known as a chip card or IC (integrated circuit) card. A card containing one or more computer chips or integrated circuits for identification, data storage or special-purpose processing used to validate personal identification numbers (PINs), authorise purchases, verify account balances and store personal records.
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The Evolving Retail Payments Landscape
27 Sep 2023
PSB Annual Report
– September 2023
The Evolving Retail Payments Landscape | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/the-evolving-retail-payments-landscape.html
Competition and Efficiency
21 Mar 2002
PSB Annual Report
– 2001
In the consumer area, a compelling case for smart cards and ‘electronic cash’ remains elusive. ... These products are examples of purchased payment facilities, which consumers pay for in advance and use to make various types of payments; smart cards,
https://www.rba.gov.au/publications/annual-reports/psb/2001/competition.html
Competition and Efficiency
24 Mar 2003
PSB Annual Report
– 2002
In the mid 1990s, the birth of Internet commerce and the commercialisation of smart cards were widely perceived to be leading towards an electronic payments revolution. ... High-profile trials of products such as the Mondex ‘electronic purse’ (a smart
https://www.rba.gov.au/publications/annual-reports/psb/2002/competition.html
Competition and Efficiency
11 Nov 2004
PSB Annual Report
– 2004
One motivation for these arrangements from the banks' perspective is to move customers who accumulate very high reward points on their conventional credit card programs to different cards. ... Electronic cash and smart cards are examples of purchased
https://www.rba.gov.au/publications/annual-reports/psb/2004/competition.html
Competition and Efficiency
1 Oct 2000
PSB Annual Report
– 2000
schedules. Purchased payment facilities, such as smart cards and electronic cash, are facilities which consumers pay for in advance and use to make various types of payments. ... Australian banks have conducted limited trials of general purpose smart
https://www.rba.gov.au/publications/annual-reports/psb/2000/competition.html
Proposed Merger Between Armaguard and Prosegur – April 2023 | Responses and Options Paper
8 May 2024
Submissions
The Explanatory Memorandum for the PSRA refers to a payment system as one that ‘covers the system of payment instruments (cash, cheques, smart cards among others), their delivery, the exchange or
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-april-2023/index.html
Overview
24 Mar 2003
PSB Annual Report
– 2002
For many consumers, electronic means of payment are supplanting the traditional cheque, although the ‘smart card’ revolution remains elusive and e-commerce has yet to develop an effective replacement for the ... The Board's concern has been that, in
https://www.rba.gov.au/publications/annual-reports/psb/2002/overview.html
Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions
8 May 2024
Submissions
and credit cards, meaning NFC payments can generally be accepted by any card terminal that accepts contactless payments with a plastic card. ... card schemes provide the Bank with access to their fee schedules and scheme rules.
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html
Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions
28 Dec 2019
Submissions
Growth in e-commerce has also been associated with an increase in online card payments. ... systems, along with access regimes for several card systems and the ATM system.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html
The Evolving Retail Payments Landscape
28 Sep 2022
PSB Annual Report
– September 2022
1,100. 5.6. 16.2. 9.5. 5.1. (a) Card purchases using Australian-issued cards; debit card series includes prepaid cards prior to 2018. ... Source: RBA. Strong growth in card payments over the past decade or so has been driven by the rising popularity of
https://www.rba.gov.au/publications/annual-reports/psb/2022/the-evolving-retail-payments-landscape.html