Search: debit card
RBA Glossary definition for debit card
debit card – A debit card is a card that enables the holder to access funds in a deposit account at an authorised deposit-taking institution.
Search Results
Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees - 21 March 2003
7 May 2008
Submissions
PDF
26KB
Reform of Debit Card (EFTPOS) Interchange Fees
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/pdf/eftpos-interchange-fees.pdf
Trends in Payments, Clearing and Settlement Systems
15 Oct 2020
PSB Annual Report
– 2020
951. 7.0. 7.7. 9.5. 3.6. Card purchases using Australian-issued cards; debit card series includes prepaid cards. ... When paying with a card, Australians are increasingly choosing debit cards rather than credit cards.
https://www.rba.gov.au/publications/annual-reports/psb/2020/trends-in-payments-clearing-and-settlement-systems.html
Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions
8 May 2024
Submissions
Furthermore, interchange fees for debit card transactions have hardly changed since the 1980s. ... Conclusion on the social cost of payment systems. Table 4 summarises the estimates of resource costs for cash, debit cards and credit card transactions.
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html
Other Retail Payments Developments
2 Oct 2013
PSB Annual Report
– 2013
the debit card systems, with these fees paid by the acquirer (merchant's bank) to the issuer (cardholder's bank). ... alternative ‘consumer electronic’ rate for transactions where a debit card is inserted or swiped at a terminal.
https://www.rba.gov.au/publications/annual-reports/psb/2013/other-ret-pay-dev.html
Regulatory Developments in Retail Payments
2 Oct 2013
PSB Annual Report
– 2013
The Board also noted issues that had arisen between networks in the context of contactless debit cards, which had the potential, in the Board's view, to inhibit competition, limit choice ... In June 2012, the Reserve Bank of India issued a directive
https://www.rba.gov.au/publications/annual-reports/psb/2013/reg-dev-ret-pay.html
Retail Payments Regulation and Policy Issues
17 Oct 2019
PSB Annual Report
– 2019
For merchants, the cost of accepting a debit card payment can vary depending on which network processes the transaction. ... Dual-network debit cards have access to two networks – the domestic eftpos scheme and one of the two international schemes,
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html
Payments System Regulation and Policy Issues
27 Sep 2023
PSB Annual Report
– September 2023
Payments System Regulation and Policy Issues | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/payments-system-regulation-and-policy-issues.html
The Evolving Payments Landscape
21 Oct 2021
PSB Annual Report
- 2021
PDF
434KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/the-evolving-payments-landscape.pdf
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments
8 May 2024
Submissions
The Bank's 2013 Consumer Use Survey shows that higher-income households use credit cards much more frequently for transactions compared with debit cards; conversely, debit card use is more common ... For credit and debit cards, merchants are usually
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-as-payment-instruments.html
Applications for Authorisation in Relation to PIN@POS – July 2016 | Payments System | Submissions
8 May 2024
Submissions
Cardholders undertaking a debit card transaction can choose between selecting the ‘CHQ’, ‘SAV’ or ‘CR’ (cheque, savings or credit) account buttons at the point of sale terminal if they wish to ... In the five years to 2012, the value of
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-07/index.html