Search: dual-network card
RBA Glossary definition for dual-network card
dual-network card – A payment card that can be used to initiate transactions, typically from the same deposit account, for two different payment processing networks. For example, a debit card (sometimes also known as an ATM card) that can be used to make a payment via either the eftpos network or one of the international scheme networks. These cards usually have an international scheme logo (Mastercard or Visa) on one side and the eftpos logo on the other.
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Stripe Response to RBA Consultation on DNDC and Tokenization 2023
28 Sep 2023
PDF
219KB
Tokenization of dual-network debit cards. Introduction. Stripe is writing in response to the Reserve Bank of Australia’s (RBA’s) Issues Paper on ‘TheAustralian Debit Card Market: Default Settings and ... We share the view that tokenization of
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/stripe.pdf
1 John Chaplin – individual submission 1. Payment scheme ...
11 Feb 2020
PDF
203KB
4. Dual network cards. The market experience of Australia in relation to the introduction of contactless and. ... dual network cards elect to remove the application with the lowest cost to merchants.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/john-chaplin.pdf
KeyOne Consulting www.keyone.consulting KeyOne Consulting Pty Ltd ABN 98 ...
31 Jan 2020
PDF
138KB
We do not support dual-network debit cards for three reasons. Firstly, for an issuer the cost of issuing dual-network cards is significantly higher than a single network card. ... Second, the utility of a dual-network card and the proposition that it
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/keyone-consulting.pdf
Bulletin June Quarter 2017
10 Feb 2020
Bulletin
June Quarter 2017
PDF
6309KB
https://www.rba.gov.au/publications/bulletin/2017/jun/pdf/bu-0617-reserve-bank-bulletin.pdf
Annual Performance Statement
9 Aug 2023
RBA Annual Report
- 2022
PDF
186KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/annual-performance-statement.pdf
RBA Payments System Board 2018 Annual Report - Retail Payments Regulation and Policy Issues
20 Sep 2018
Annual Report
PDF
790KB
RBA Payments System Board 2018 Annual Report
https://www.rba.gov.au/publications/annual-reports/psb/2018/pdf/retail-payments-regulation-and-policy-issues.pdf
Bulletin September Quarter 2017
10 Feb 2020
Bulletin
September Quarter 2017
PDF
5960KB
https://www.rba.gov.au/publications/bulletin/2017/sep/pdf/bu-0917-reserve-bank-bulletin.pdf
Payments System Board Annual Report 2017 - Accountability and Communication
12 Sep 2017
PSB Annual Report
2017
PDF
842KB
https://www.rba.gov.au/publications/annual-reports/psb/2017/pdf/accountability-and-communication.pdf
ABA submission
28 Sep 2023
PDF
303KB
ABA is responding to the proposal to ban the setting of a default network on dual-network debit cards (DNDC). ... By comparison, ABA understands the proposal to remove default priority on DNDCs would apply to payments made using a physical dual-network
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/aba.pdf
Reserve Bank of Australia Annual Report 2021 - Annual Performance Statement
30 Jun 2022
RBA Annual Report
2021
PDF
187KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/annual-performance-statement.pdf