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RBA Glossary definition for NFC

NFC – Near Field Communication

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Australian Retailers Association ABN 99 064 713 718 Level ...

19 Jul 2021 PDF 583KB
technology. Restrictions on access to near-field communication (NFC) technology on Apple products. ... prevent developers and retailers from using this method of communication, despite NFC being used.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/australian-retailers-association-2021-07-09.pdf

Summary

11 Feb 2020 DOCX 175KB
ANZ does not anticipate growth in QR-based payments displacing mobile-based NFC for domestic users in the immediate future.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/anz.DOCX

Payments System Board Annual Report 2014

26 Sep 2014 PSB Annual Report 2014 PDF 2702KB
https://www.rba.gov.au/publications/annual-reports/psb/2014/pdf/2014-psb-ann-report.pdf

Review of Retail Payments Regulation: Issues Paper

18 Dec 2019 PDF 1272KB
NFC) technology. 2.2 The Bank’s Regulations and the 2015–16 Review. Under the Payment Systems (Regulation) Act 1998 (PSRA), the Bank can designate payment systems,. ... 7 In September 2019, the EC initiated an informal investigation into Apple’s
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/pdf/review-of-retail-payments-regulation-issues-paper-nov-2019.pdf

19 February 2020 Tony Richards Head of Payments Policy ...

19 Feb 2020 DOCX 95KB
Cuscal agrees that broadening third-party access to near field communication (NFC) functionality (with appropriate security) could promote competition and efficiency by enabling financial institutions and technology players to develop their
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/cuscal.DOCX

Developments in the Card Payments Market | Review of Card Payments Regulation

9 Mar 2023
However, the increasing presence of near-field communication (NFC) chips in smartphones and new approaches to utilising those chips is likely to see digital wallets increasingly enabled for point-of-sale
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/developments-card-payments-mkt.html

Potential Gaps in the Payments System | Strategic Review of Innovation in the Payments System: Conclusions – June 2012

9 Mar 2023
The previous papers discussed different models of mobile payments, postulating that in Australia mobile internet and near-field communication (NFC) would be the main channels used for retail payments. ... While the industry has yet to coalesce around a
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/strategic-review-of-innovation-in-the-payments-system/conclusions/potential-gaps-payment-system.html

Potential Gaps | Strategic Review of Innovation in the Payments System: Summary of Consultation – February 2012

9 Mar 2023
This also argues against public intervention. Nonetheless, there was general agreement that mobile payments in Australia are likely to be based predominantly on mobile internet or near-field communication (NFC – contactless) ... including, for instance,
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/strategic-review-of-innovation-in-the-payments-system/summary-consultation/potential-gaps.html

AFIA submission to RBA - Review of Retail Payments Consultation Paper

2 Sep 2021 PDF 391KB
Submissions to the Review of Retail Payments Regulation Consultation Paper
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/afia-2021-08-18.pdf

Review of Retail Payments Regulation - Conclusions Paper - October 2021

21 Oct 2021 PDF 1755KB
Review of Retail Payments. Regulation. Conclusions Paper. October 2021. Contents. 1 Executive summary 1. Box A: Changes from the Consultation Paper 6. Box B: Implications of the Review for smaller merchants 6. 2 Introduction 9. 3 Dual-network debit
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/conclusions-paper-202110/pdf/review-of-retail-payments-regulation-conclusions-paper-202110.pdf