Search: DNDC
RBA Glossary definition for DNDC
DNDC – Dual-network debit card
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Undertaking No. 2 of 2023 Undertaking In Relation to ...
9 Jun 2023
PDF
370KB
has indicated an intent to route or has commenced routing DNDC transactions via an Alternative Network. ... has indicated an intent to route or has commenced routing DNDC transactions via a.
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/undertakings/pdf/2023-06-08-tying-conduct-undertaking-from-visa-rba.pdf
Australian Small Business and Family Enterprise Ombudsman Submission
28 Sep 2023
PDF
180KB
default settings for dual-network debit cards (DNDCs), which seek to enhance the competitiveness, efficiency and safety of Australia’s debit card market. ... 1. Prohibiting the setting of a default routing network on DNDCs at issuance.
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/australian-small-business-and-family-enterprise-ombudsman.pdf
RBA Debit Card Default Settings and Tokenisation: Wpay submission
28 Sep 2023
PDF
134KB
100% of Dual Network Debit Card (DNDC) traffic. This would include in store (CardPresent), Online (Card Not Present), and Mobile Wallet (OEM Wallets) tokenised transactions.Complete coverage of LCR for debit ... Currently that PAR is unique per scheme.
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/wpay.pdf
Jackie Kallman | Head of Payments Industry and Engagement ...
9 Jul 2021
PDF
342KB
short thoughts:. Dual Network Debit Cards (DNDC) – We support the expectation that major. ... issuers issue DNDC. However, rather than imposing this expectation on the major banks exclusively,.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/anz-2021-07-09.pdf
ALNA Submission to RBA on Review of Retail Payments Regulation - July 2021
30 Jul 2021
PDF
197KB
ALNA is of the view that the RBA should therefore mandate the issuance of dual network debit cards (DNDC’s), and further, we believe the provision of LCR functionality to merchants ... online transactions, as well as a requirement to issue DNDCs beyond
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/alna-2021-07-09.pdf
Email: mangala.martinus@paymentsconsulting.com Office: +61 2 8069 2630 Mobile: +61 ...
11 Jul 2021
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188KB
Consultation Paper Policy Framework Components. Dual-network debit cards (DNDCs) and least-cost routing (LCR). ... 2. The Bank's interchange standards would be amended to set a lower cents-based interchange cap for SNDC transactions than for DNDC
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/payments-consulting-network-2021-07-11.pdf
19 February 2020 Tony Richards Head of Payments Policy ...
19 Feb 2020
DOCX
95KB
The further uptake of mobile and digital platforms will diminish the need for DNDCs. ... Cuscal does not support the idea of mandating compulsory DNDCs issuance, nor further capping interchange to achieve the same means.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/cuscal.DOCX
Retail Payments Regulation and Policy Issues
21 Oct 2021
PSB Annual Report
- 2021
PDF
277KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/retail-payments-regulation-and-policy-issues.pdf
20210709 - ACCI submission to the RBA review of retail payments regulation
9 Jul 2021
PDF
545KB
In general, we share the concerns raised by the RBA Board in relation to dual-network debit cards (DNDC) and least cost routing (LCR). ... However, we disagree with the preliminary conclusions and recommendation for regulatory inaction on LCR and DNDC.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/acci-2021-07-09.pdf
For Official Use Only Russell Zimmerman Retail Consultant Review ...
19 Jul 2021
PDF
896KB
saw the cost of acceptance in Australia reduced. Dual Network Debit Cards (DNDCs). ... response to SNDC’s:. 1. All major banks must continue to issue DNDCs and.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/russell-zimmerman-consulting-2021-07-09.pdf