Search: dual-network card
RBA Glossary definition for dual-network card
dual-network card – A payment card that can be used to initiate transactions, typically from the same deposit account, for two different payment processing networks. For example, a debit card (sometimes also known as an ATM card) that can be used to make a payment via either the eftpos network or one of the international scheme networks. These cards usually have an international scheme logo (Mastercard or Visa) on one side and the eftpos logo on the other.
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Developments in the Financial System Architecture
20 Oct 2015
FSR
– October 2015
As discussed in the previous Review, following the Final Report of the FSI, the Bank's Payments System Board (PSB) commenced a review of the framework for the regulation of card ... This review was flagged in the Bank's March 2014 submission to the FSI,
https://www.rba.gov.au/publications/fsr/2015/oct/dev-fin-sys-arch.html
The Global Financial Environment
10 Mar 2012
FSR
– March 2012
incentives for households to repay principal on their mortgages and use debit cards rather than credit cards.
https://www.rba.gov.au/publications/fsr/2012/mar/global-fin-env.html
List of graphs
10 Sep 2005
FSR
– September 2005
Graph 19: Credit Cards.
https://www.rba.gov.au/publications/fsr/2005/sep/graphs.html
FSR Developments in the Financial System
10 Sep 2008
FSR
– September 2008
most appropriate regulation of credit products, such as credit cards and personal loans. ... of all consumer credit (that is, personal loans, credit cards, pay day lending and micro loans), as well as for regulating mortgages, mortgage brokers, non-bank
https://www.rba.gov.au/publications/fsr/2008/sep/dev-sys-infra.html
List of graphs
10 Mar 2010
FSR
– March 2010
Graph 63: Household Credit Card Usage.
https://www.rba.gov.au/publications/fsr/2010/mar/graphs.html
Financial Intermediaries
10 Mar 2006
FSR
– March 2006
Competition has also intensified in the credit card market. It has been particularly vigorous in the ‘no frills’ segment of the market, with more than a dozen low-rate cards being ... These cards offer interest rates in the 9 to 13 per cent range,
https://www.rba.gov.au/publications/fsr/2006/mar/fin-intermed.html
The Macroeconomic and Financial Environment
10 Sep 2005
FSR
– September 2005
As at June 2005, total outstanding margin loans equalled $18 billion, compared with total credit card debt of $28 billion, and total housing-related debt of $676 billion. ... Similarly, credit card arrears remain at a low level, although these have also
https://www.rba.gov.au/publications/fsr/2005/sep/mac-fin-env.html
Financial Intermediaries
10 Mar 2007
FSR
– March 2007
Strong competition is also evident in the personal lending market, especially in credit cards. ... card balances outstanding from 8 per cent in early 2002, to 12 per cent as at January 2007.
https://www.rba.gov.au/publications/fsr/2007/mar/fin-intermed.html
Regulatory Developments
4 Oct 2019
FSR
– October 2019
The code includes a commitment to not charge fees to deceased consumers, as well as changes that reflect updated ASIC requirements for credit card lending practices. ... The case for use for domestic payments in advanced economies is less clear, although
https://www.rba.gov.au/publications/fsr/2019/oct/regulatory-developments.html
The Macroeconomic and Financial Environment
10 Mar 2005
FSR
– March 2005
Credit card debt has increased by around 14 per cent over the year to January, around the average rate of growth for the past three years. ... Notwithstanding historically high levels of debt and interest payments relative to income, arrears on credit
https://www.rba.gov.au/publications/fsr/2005/mar/mac-fin-env.html