Search: least-cost routing (LCR)
RBA Glossary definition for LCR
LCR – Liquidity Coverage Ratio
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The Shift to Electronic Payments – Some Policy Issues
12 Apr 2023
Speech
PDF
615KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-03-28.pdf
An Efficient, Competitive and Safe Payments System
14 Dec 2022
Speech
PDF
638KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-gov-2022-12-14.pdf
Modernising Australia's Payments System
11 Mar 2024
Speech
PDF
486KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-12-12.pdf
13/12/2017 Merchant Payment Costs and Least-cost Routing | Speeches ...
13 Dec 2017
PDF
291KB
2]. 13/12/2017 Merchant Payment Costs and Least-cost Routing | Speeches | RBA. ... 4]. 13/12/2017 Merchant Payment Costs and Least-cost Routing | Speeches | RBA.
https://www.rba.gov.au/speeches/2017/pdf/sp-so-2017-12-13.pdf
Innovation and Regulation in the Australian Payments System
6 Dec 2020
Speech
PDF
181KB
1. interchange fee regulation. 2. dual-network debit cards and least-cost routing. ... Dual-network debit cards and least-cost routingThe second issue is dual-network debit cards and least-cost routing.
https://www.rba.gov.au/speeches/2020/pdf/sp-gov-2020-12-07.pdf
Panic, Pandemic and Payment Preferences
5 Jun 2020
Speech
PDF
256KB
Second, and particularly relevant for card payments, is least-cost routing. Least-cost routing putssome power into the hands of merchants by providing them the ability to route a dual-network ... It is therefore important that merchants be given the
https://www.rba.gov.au/speeches/2020/pdf/sp-ag-2020-06-03.pdf
11/12/2019 What's on the Cards? | Speeches ...
11 Dec 2019
PDF
156KB
Accordingly, the Issues Paper devotes a fair bit of attention to least-cost routing and dual-networkdebit cards. ... Least-cost routing is intended to give merchants the opportunity to choose their defaultnetwork for contactless transactions.
https://www.rba.gov.au/speeches/2019/pdf/sp-so-2019-12-10.pdf
11/29/2018 Opening Panel Remarks on the Regulatory Landscape for ...
28 Nov 2018
Speech
PDF
199KB
A range of stakeholders, including in Canberra, have also been calling for theindustry to provide least-cost routing. ... However, least-cost routing is coming and several of the major banks havepilots either underway or coming shortly.
https://www.rba.gov.au/speeches/2018/pdf/sp-so-2018-11-27.pdf
Leaning In: Towards Better Payment and Clearing Systems
17 May 2019
Speech
PDF
401KB
But it is growingsteadily and at least as quickly as some comparable overseas fast payment services when they wereintroduced (Graph 2). ... In the specificcase of least cost routing, we would not want to see the benefits to competition from this
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-05-16.pdf
A Journey Towards a Near Cashless Payments System
28 Nov 2018
Speech
PDF
315KB
The longstanding view of the Payments System Board has been that merchantsshould at least have the choice of sending the debit payment through the lower cost system,whether that be eftpos ... systemsenabled to allow least-cost routing.
https://www.rba.gov.au/speeches/2018/pdf/sp-gov-2018-11-26.pdf