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 the Retail Payments System
2 Oct 2009
PSB Annual Report
– 2009
Interchange fees in the MasterCard and Visa systems in Australia are regulated by the Reserve Bank. ... Interchange fees in the EFTPOS system are also regulated by the Reserve Bank.
https://www.rba.gov.au/publications/annual-reports/psb/2009/dev-payments.html
Developments in the Payments System
11 Sep 2008
PSB Annual Report
– 2008
Actual interchange fees are negotiated bilaterally between participants. Previous liaison has suggested that the interchange fee for transactions involving a cash-out component has in some cases fallen in line with ... Nonetheless, increased competition
https://www.rba.gov.au/publications/annual-reports/psb/2008/dev-payments.html
The Personal Credit Card Market in Australia: Pricing over the Past Decade
14 Mar 2012
Bulletin
PDF
162KB
Reserve Bank of Australia Bulletin March Quarter 2012
https://www.rba.gov.au/publications/bulletin/2012/mar/pdf/bu-0312-7.pdf
A Guide to the Card Payments System Reforms
15 Mar 2011
Bulletin
PDF
274KB
Reserve Bank of Australia Bulletin September 2010
https://www.rba.gov.au/publications/bulletin/2010/sep/pdf/bu-0910-7.pdf
Payments System Reform: The Australian Experience
17 May 2005
Bulletin
PDF
53KB
Remarks by Dr Philip Lowe, Assistant Governor (Financial System) for the Federal Reserve Bank of Kansas City Conference on 'Interchange Fees in Credit and Debit Card Industries: What Role for Public Authorities? Santa Fe, 4-6 May 2005
https://www.rba.gov.au/publications/bulletin/2005/may/pdf/bu-0505-3.pdf
Developments in Retail Payments Systems
10 Sep 2012
PSB Annual Report
– 2012
contactless or chip; Table 6). Reflecting this, the number of interchange fee categories, and the variability in the level of fees between categories, has grown steadily in the years since the ... The margin between the average merchant service fee and
https://www.rba.gov.au/publications/annual-reports/psb/2012/dev-ret-pay-sys.html
Retail Payments Regulation and Policy Issues
17 Oct 2019
PSB Annual Report
– 2019
Based on current information, these may include the level of the interchange fee benchmarks and caps, the transparency of scheme and processing fees, competition in the debit card market, the competitive ... In 2018/19, Mastercard and Visa were required
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html
Developments in Retail Payment Systems
8 Sep 2011
PSB Annual Report
– 2011
Purchases below $15 without cash-out, charity payments and Medicare Easyclaim: no interchange fee is paid. ... Current bilateral interchange fees on cash-outs are around 20 cents, also paid to the acquirer.
https://www.rba.gov.au/publications/annual-reports/psb/2011/dev-payments.html
Competition Between Payment Systems
15 Apr 2009
RDP
PDF
243KB
JEL Classification Numbers: D40, E42, L14Keywords: payments policy, two-sided markets, interchange fees. ... Despite the absence of distinct issuers and acquirers (and consequent lack ofexplicit interchange fees), the model could arguably still be used
https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-02.pdf
Reform of the ATM System - One Year On
8 Jun 2010
Bulletin
PDF
251KB
Reserve Bank of Australia Bulletin June 2010
https://www.rba.gov.au/publications/bulletin/2010/jun/pdf/bu-0610-6.pdf