Search: debit card
RBA Glossary definition for debit card
debit card – A debit card is a card that enables the holder to access funds in a deposit account at an authorised deposit-taking institution.
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The Australian Debit Card Market: Default Settings and Tokenisation – June 2023 | Consultations
16 Jun 2023
Consultations
The Bank has released an Issues Paper outlining some options for further enhancing the competitiveness, efficiency and safety of Australia’s debit card market.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/
Card Payments
27 Nov 2023
RDP
2023-08
More recently, in response to the pandemic, banks sent debit cards to Australian account holders who did not have a linked debit card (e.g. ... Debit cards. 4.3. 7.3. Reward cardholder status. Owns a rewards card.
https://www.rba.gov.au/publications/rdp/2023/2023-08/card-payments.html
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Reform of Card Payment Systems
26 Sep 2006
PSB Annual Report
– 2006
Scheme debit cards use the processing infrastructure of the international card schemes, and can be used to undertake transactions over the internet and telephone (without a signature authorisation), as well as ... Scheme debit, however, had a competitive
https://www.rba.gov.au/publications/annual-reports/psb/2006/reform-card.html
Consumer Payment Behaviour in Australia: Evidence from the 2019 Consumer Payments Survey
14 Sep 2020
RDP
2020-06
The decline in the popularity of credit cards compared to debit cards is consistent with changes in consumers' perceptions of the benefits of holding a credit card. ... All card payments. 3.9. Credit cards. 5.0. Debit cards. 3.4. Reward cardholder status.
https://www.rba.gov.au/publications/rdp/2020/2020-06/full.html
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The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
28 Sep 2023
Consultations
The Australian Debit Card Market: Default Settings and Tokenisation September 2023.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/conclusions-paper/
Debit Cards
20 Sep 2005
PSB Annual Report
– 2005
Payments System Board Annual Report – 2005 Debit Cards. During the year, the Bank released three draft standards applying to the debit card systems operating in Australia, and imposed an access regime ... In particular, merchants are not permitted to
https://www.rba.gov.au/publications/annual-reports/psb/2005/debit-cards.html
Competition and Efficiency
24 Mar 2003
PSB Annual Report
– 2002
The main focus has been on card payment systems – credit cards, debit cards (EFTPOS) and ATM networks – where earlier analysis by the Reserve Bank, in conjunction with the Australian Competition and ... in reforming debit card interchange fees at the
https://www.rba.gov.au/publications/annual-reports/psb/2002/competition.html
Competition and Efficiency
21 Mar 2002
PSB Annual Report
– 2001
Recent data show that, from a merchant's perspective, credit card transactions cost several times as much as debit cards. ... b. 0.70. b. 0.65. Debit card. a. 0.26. 0.21. 0.47. 0.50.
https://www.rba.gov.au/publications/annual-reports/psb/2001/competition.html
Private Net Costs
31 Dec 2014
RDP
2014-14
Although credit cards have a higher social cost than debit cards, the private net cost to consumers is similar; credit card costs being greatly reduced by the interest-free period, reward ... For MasterCard & Visa credit card payments, the net transfer
https://www.rba.gov.au/publications/rdp/2014/2014-14/private-net-costs.html
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The Cost of Card Payments for Merchants
15 Sep 2022
Bulletin
– September 2022
The average cost for a merchant to accept a card payment has declined over recent years.
https://www.rba.gov.au/publications/bulletin/2022/sep/the-cost-of-card-payments-for-merchants.html