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RBA Glossary definition for credit card
credit card – A credit card is a card whose holder has been granted a revolving credit line. The card enables the holder to make purchases and/or cash advances up to a pre-arranged limit. The credit granted can be settled in full by the end of a specified period or in part, with the balance taken as extended credit. Interest may be charged on the transaction amounts from the date of each transaction or only on the extended credit where the credit granted has not been settled in full.
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Influence of Payment Size
31 Dec 2014
RDP
2014-14
excluding account maintenance, and the credit and rewards functions of credit cards), together with the resource costs of merchants. ... credit card transaction increases and the rate at which the cost varies with transaction size also increases.
https://www.rba.gov.au/publications/rdp/2014/2014-14/influence-payment-size.html
Related Literature and Scope
31 Dec 2014
RDP
2014-14
In particular, this study considers the costs associated with cash, debit and credit cards, cheques, direct debit and BPAY payments. ... Recent innovations have included:. The transition from using the magnetic stripe on cards to using chips for the
https://www.rba.gov.au/publications/rdp/2014/2014-14/related-literature-scope.html
Small Businesses Costs
31 Dec 2014
RDP
2014-14
0–10. eftpos. 90. 20–30. 20–30. MasterCard & Visa debit or credit cards. ... MasterCard & Visa credit cards are the next most expensive card payment method; while these are accepted widely, they have the second highest rate of surcharging.
https://www.rba.gov.au/publications/rdp/2014/2014-14/small-businesses-costs.html