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RBA Glossary definition for charge card
charge card – A charge card is a card whose holder has been granted a non-revolving credit line enabling the holder to make purchases and possibly make cash advances. A charge card does not offer extended credit; the full amount of any debt incurred must be settled at the end of a specified period.
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Private Net Costs
31 Dec 2014
RDP
2014-14
complimentary insurance) that credit cards offer (although this is before taking into account interest payments for customers who carry a balance on their credit card). ... For merchants, the private costs of credit cards are lower for card-present
https://www.rba.gov.au/publications/rdp/2014/2014-14/private-net-costs.html
Related Literature and Scope
31 Dec 2014
RDP
2014-14
Recent innovations have included:. The transition from using the magnetic stripe on cards to using chips for the storage of card details and transmission of these details to the terminal. ... The introduction of contactless payments functionality, which
https://www.rba.gov.au/publications/rdp/2014/2014-14/related-literature-scope.html