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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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Payments System Issues

5 Mar 2007 Media Releases
Decisions made at the 26 February 2007 meeting of the Payments System Board
https://www.rba.gov.au/media-releases/2007/mr-07-02.html

Payments System Board – Novemember 2005

25 Nov 2005 Media Releases
Following a meeting of the Payment System Board on 22 November 2005, the Bank is gazetting a revised Standard to apply to the setting of interchange fees in the designated Bankcard, MasterCard and Visa credit card schemes in Australia. The new
https://www.rba.gov.au/media-releases/2005/mr-05-13.html

Payments System Issues

11 Dec 2006 Media Releases
This general approach arose out of the original consultations that the Bank conducted on the credit card standards. ... As part of its ongoing monitoring, the Bank recently sought additional data from MasterCard and Visa on interchange revenue and
https://www.rba.gov.au/media-releases/2006/mr-06-13.html

Payment Systems (Regulation) Act 1998 The Designated MasterCard Credit Card System

23 Feb 2004 Media Releases
Payment Systems (Regulation) Act 1998 The Designated MasterCard Credit Card System
https://www.rba.gov.au/media-releases/2004/mr-04-02-gazette-notice-mastercard.html

Payment Systems (Regulation) Act 1998 The Designated VISA Credit Card System

23 Feb 2004 Media Releases
Payment Systems (Regulation) Act 1998 The Designated VISA Credit Card System
https://www.rba.gov.au/media-releases/2004/mr-04-02-gazette-notice-visa.html

Payment System Reform

20 Jul 2005 Media Releases
The Reserve Bank has released for public comment a draft revised standard for the setting of credit card interchange fees, which would mean the establishment of a common benchmark rather than scheme-specific benchmarks for the Bankcard, MasterCard
https://www.rba.gov.au/media-releases/2005/mr-05-08.html

Payments System Board Consultation on Card Surcharging

8 Jun 2011 Media Releases
At its meeting on 20 May, the Payments System Board decided to hold a public consultation on potential modifications to the ‘no-surcharge’ Standards that apply to the credit card and scheme debit card systems in Australia
https://www.rba.gov.au/media-releases/2011/mr-11-10.html

Designation of Visa Debit Card Scheme in Australia

23 Feb 2004 Media Releases
Announcement that the RBA has designated the debit and credit card scheme operated in Australia by Visa International as a payment system under the Payment Systems (Regulation Act 1998)
https://www.rba.gov.au/media-releases/2004/mr-04-01.html

Access Regime Access Regime for the Visa Credit Card ...

17 Dec 2014 Media Release PDF 96KB
credit card issuing, credit card acquiring or both (within the meaning of Regulation. ... deposit-taking institutions other than specialist credit card institutions as a class in.
https://www.rba.gov.au/media-releases/2014/pdf/mr-14-22-gazette-notice-visa.pdf

Access Regime Access Regime for the MasterCard Credit Card ...

17 Dec 2014 Media Release PDF 95KB
credit card issuing, credit card acquiring or both (within the meaning of Regulation. ... deposit-taking institutions other than specialist credit card institutions as a class in.
https://www.rba.gov.au/media-releases/2014/pdf/mr-14-22-gazette-notice-mastercard.pdf