Search: interchange fee
RBA Glossary definition for interchange fee
interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.
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Developments in Retail Payment Systems
25 Oct 2010
PSB Annual Report
– 2010
Interchange fees in the EFTPOS system are also regulated by the Reserve Bank. ... more than the regulated decline in interchange fees in the MasterCard and Visa systems.
https://www.rba.gov.au/publications/annual-reports/psb/2010/dev-payments.html
Interchange fees | Review of Retail Payments Regulation – Conclusions Paper
9 Mar 2023
Review of Retail Payments Regulation – Conclusions Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/conclusions-paper-202110/interchange-fees.html
Retail Payments Developments
9 Oct 2015
PSB Annual Report
– 2015
Both schemes also amended their prepaid card interchange fee schedules at that time. ... Footnotes. All interchange fee benchmarks and rates quoted in this section are exclusive of GST.
https://www.rba.gov.au/publications/annual-reports/psb/2015/retail-payments-developments.html
The ATM System and the Need for Reform | An Access Regime for the ATM System – February 2009
9 Mar 2023
As interchange fees are a cost to the card issuer, many financial institutions have charged their customers a ‘foreign fee’ when they use an ATM belonging to another financial institution. ... Although interchange fees have a bearing on foreign fees,
https://www.rba.gov.au/payments-and-infrastructure/atms/access-regime/reform-need.html
The Effect of Scheme-specific Benchmarks | Common Benchmark for the Setting of Credit Card Interchange Fees
9 Mar 2023
Common Benchmark for the Setting of Credit Card Interchange Fees – November 2005 3. ... relatively high interchange fees, since the higher interchange revenue would simply be offset by higher payments to the scheme.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/cc-fees-benchmark/scheme-specs.html
Attachment | A Variation to the Access Regime for the ATM System: Conclusions – August 2012
9 Mar 2023
ATM Acquirer does not pay an interchange fee to access any ATMs of the ATM Issuer in the arrangement;. ... of an ATM sub-network and the interchange fee is the common interchange fee payable between members of the sub-network.
https://www.rba.gov.au/payments-and-infrastructure/atms/var-access-regime/attachment.html
The Possibility Of Externalities | Reform of Credit Card Schemes in Australia: II Commissioned Report
9 Mar 2023
The statutory incidence of the interchange fee for a given transaction is that the associated merchant acquirer pays. ... In those cases in which the interchange fee does matter, what is the optimal interchange rate?
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/ii-commissioned-report/externalities.html
Other Retail Payments Developments
12 Sep 2014
PSB Annual Report
– 2014
Under the various interchange fee standards, card schemes have the flexibility to set different multilateral interchange fees for different types of transactions, provided that the weighted average of these fees for ... merchants. While the number of
https://www.rba.gov.au/publications/annual-reports/psb/2014/other-ret-pay-dev.html
Access Framework | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations
8 Jun 2012
Consultations
system. With the establishment of EPAL's multilateral interchange fee schedule, fees for most transactions flow in the reverse direction – from the acquirer to the issuer. ... The current interchange fees Standard considers a fee paid to the acquirer
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/access-framework.html
The Bank's Card System Reforms | Review of Card Payments Regulation
9 Mar 2023
The Standard set an interchange fee benchmark for each scheme and increased transparency of these fees. ... for which there was a separate interchange fee; and more transparent scheme fees.
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/banks-card-system.html