Search: least-cost routing (LCR)

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RBA Glossary definition for LCR

LCR – Liquidity Coverage Ratio

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Competition in the Payments System | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector | Submissions

6 Sep 2017 Submissions
One area where competition is yet to emerge is in the provision of least-cost transaction routing to merchants. ... The Bank understands that a number of acquirers are currently considering providing least-cost routing to merchants, a development which
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/competition-in-the-payments-system.html

Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
Participants in the online payments ecosystem. As more payments migrate online, a potential policy issue that could emerge is how to support the operation of least-cost routing in the online ... In the past, the Bank has mainly sought to encourage
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html