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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The Evolution of Payment Costs in Australia
11 Apr 2019
RDP
PDF
1298KB
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. • ... In addition, lower-value payments often no longer
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-14.pdf
Media Releases – 2016
31 Dec 2016
Media releases
issued in 2016
https://www.rba.gov.au/media-releases/2016/
Opening Panel Remarks on the Regulatory Landscape for Payments
27 Nov 2018
Speech
Speech delivered by Tony Richards, Head of Payments Policy, to the Australian Payment Summit, Sydney
https://www.rba.gov.au/speeches/2018/sp-so-2018-11-27.html
The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
22 Nov 2023
RDP
PDF
143KB
RDP 2023-08 supplementary information
https://www.rba.gov.au/publications/rdp/2023/2023-08/rdp-2023-08-read-me.pdf
Leaning In: Towards Better Payment and Clearing Systems
17 May 2019
Speech
PDF
401KB
Most debit cards in Australia are dual-network cards. That is, payments made using these cards canbe processed across two networks. ... The move to contactless payments (‘tap-and-go’), however, has muted some of the competitivepressures that can come
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-05-16.pdf
Non-technical summary for 'The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey'
20 Nov 2023
RDP
PDF
283KB
RDP 2023-08 non-technical summary
https://www.rba.gov.au/publications/rdp/2023/2023-08/rdp-2023-08-non-technical-summary.pdf
Issues for the Review | Review of Card Payments Regulation
9 Mar 2023
One concern that may arise with dual-network cards is that networks may seek to implement scheme rules that prevent a card-issuing institution from including payment functionality from another network ... In particular, it removes the need (and the option
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/issues-for-review.html
Consultations
21 Dec 2023
Links to Consultations
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consultations.html
Payments System Board Update: August 2018 Meeting
24 Aug 2018
Media Releases
At its meeting today, the Payments System Board discussed issues including the 2018 assessment of the ASX Clearing and Settlement Facilities, the ASX CHESS replacement consultation, the Productivity Commission's Final Report on Competition in the
https://www.rba.gov.au/media-releases/2018/mr-18-19.html
Media Releases – 2013
31 Dec 2013
Media releases
issued in 2013
https://www.rba.gov.au/media-releases/2013/