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RBA Glossary definition for interchange fee

interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.

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List of tables | Submission to the Financial System Inquiry March 2014 | Financial Sector | Submissions

1 Mar 2014 Submissions
Table 8.3: Selected Interchange Fees on a $100 Credit Card Transaction. ... d) ‘Standard’ interchange rates in the US. Sources: MasterCard, Visa.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/tables.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates

14 Aug 2015 Submissions PDF 905KB
increased complexity and the wider range of interchange fee categories.  Whether there is scope for interchange fees to fall further, consistent with falls in overall. ... Box B Interchange Fees. An interchange fee is a fee charged by the financial
https://www.rba.gov.au/publications/submissions/financial-sector/pdf/inquiry-matters-relating-to-credit-card-interest-rates-2015-08.pdf

Submission to Payments System Review

3 Feb 2021 Submissions PDF 1155KB
It. has largely focused on:.  interchange fees and scheme rule restrictions relating to merchants in card systems, with.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf

The Payments System | Supplementary Submission to the Financial System Inquiry – August 2014 | Financial Sector | Submissions

1 Aug 2014 Submissions
Accordingly, the Bank does not support the option of removing the caps on interchange fees. ... Based on the evidence, removing interchange fee caps in Australia would significantly increase interchange fees.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/payments-system.html

Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…

1 Mar 2014 Submissions
The standards on interchange fees for the MasterCard and Visa systems set benchmarks for the average interchange fee that can be paid in those systems. ... In practice, reflecting the backward-looking compliance calculation, the setting of the
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html

Supplementary Submission to the Financial System Inquiry August 2014

26 Aug 2014 Submissions PDF 339KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/pdf/financial-system-inquiry-2014-08.pdf

Competition in the Financial System - September 2017

19 Sep 2017 Submissions PDF 969KB
Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/pdf/submission-to-productivity-commission-september-2017.pdf

Developments since the Financial System Inquiry | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector |…

6 Sep 2017 Submissions
clarifying and broadening card interchange regulation and lowering interchange fees. The government's response to the FSI Final Report followed most of the recommendations (The Australian Government 2015). ... establishment by the Reserve Bank of a
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/developments-since-the-financial-system-inquiry.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology

9 Jan 2020 Submissions PDF 797KB
The result of this approach is that. the scope of the Bank’s regulation has been relatively narrow, largely covering interchange fees and. ... transaction fee to help potential identified institutions evaluate the pricing offered by sponsoring.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf

Figure 8B.1 | Submission to the Financial System Inquiry – March 2014

19 Mar 2019 Submissions
Financial institutions charge fees for providing these payment services. Merchants are charged a ‘merchant service fee’ which, in part, reflects an underlying wholesale interchange fee that the merchant's financial institution ... In part, these are
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/graphs/figure-8b.1.html