Search: least-cost routing (LCR)
RBA Glossary definition for LCR
LCR – Liquidity Coverage Ratio
Search Results
Payments System
4 Jan 2024
Overview of the Australian Payments System
https://www.rba.gov.au/payments-and-infrastructure/payments-system.html
September | 2022
15 Sep 2022
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2022/sep/
Topic: Payments
11 Sep 2018
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/payments/
2022
13 Jul 2022
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2022/
Payments System Board Update: August 2019 Meeting
16 Aug 2019
Media Releases
The Bank has published a media release outlining topics discussed by the Payments System Board today including: the New Payments Platform; the Assessment of ASX Clearing & Settlement facilities; ATM industry developments and Digital Identity.
https://www.rba.gov.au/media-releases/2019/mr-19-22.html
Regulatory Framework
9 Mar 2023
In addition, the Bank expects the payments industry to provide ‘least-cost routing’ (LCR) functionality to merchants. ... In addition, all acquirers and payment facilitators providing card acceptance services to merchants are expected to offer and
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/regulatory-framework.html
The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
27 Nov 2023
RDP
2023-08
Card payments are used least for household bills, with consumers tending to use lower-cost payment methods such as bank transfers and BPAY for these payments. ... Second, the merchant could have least-cost routing (LCR) enabled. This lets merchants
https://www.rba.gov.au/publications/rdp/2023/2023-08/full.html
See 1 more results from "RDP 2023-08"
Payments System Regulation and Policy Issues
27 Sep 2023
PSB Annual Report
– September 2023
Payments System Regulation and Policy Issues | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/payments-system-regulation-and-policy-issues.html
Payments System Regulation and Policy Issues
28 Sep 2022
PSB Annual Report
– September 2022
A particular focus of this Review was on measures to support and promote the ongoing availability of least-cost routing (LCR), or merchant-choice routing, which is the ability of merchants ... The Bank continues to explore LCR-related issues with a range
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html
Annual Performance Statement for 2021/22
27 Oct 2022
RBA Annual Report
– October 2022
In 2021/22, the Bank focused on:. least-cost routing (LCR) functionality, where merchants can choose to route transactions on dual-network debit cards to the lowest-cost processing network. ... Progress on activities to deliver convenient, secure,
https://www.rba.gov.au/publications/annual-reports/rba/2022/annual-performance-statement.html