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.
Search Results
Competition and Efficiency
25 Sep 2003
PSB Annual Report
– 2003
The Board has also actively encouraged reforms in the Australian debit card network. ... The network structure and the direction of debit card interchange fee flows in Australia is unique.
https://www.rba.gov.au/publications/annual-reports/psb/2003/competition.html
Review of Card Surcharging: A Consultation Document | Consultations
7 Jun 2011
Consultations
REFORMS: Credit Cards; Debit Cards; The ATM System; ATM Fee Reforms; Review of Card Payment Systems Reforms; Account Switching; POLICY FRAMEWORK: Payments System Board; Core Principles for Systemically Important Payment Systems; Standards for
https://www.rba.gov.au/publications/consultations/201106-review-card-surcharging/
Competition and Co-operation in Retail Payments
25 Oct 2010
PSB Annual Report
– 2010
The difference in interchange fee flows has tended to result in card issuers favouring scheme debit cards and promoting them to customers, while merchants have tended to favour EFTPOS. ... At that time, the Board required that the card schemes remove
https://www.rba.gov.au/publications/annual-reports/psb/2010/competition-payments.html
The Use of Established Payment Methods | Results of the Reserve Bank of Australia's 2010 Consumer Payments Use Study June 2011 |…
7 Jun 2011
Consultations
Because debit cards allow consumers to use their own funds, these changes in attitude are likely to increase debit card use at the expense of credit cards. ... For example, scheme debit cards are the dominant debit card option for holiday travel and
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/results/established-payment-methods.html
Attachment 2 | A Variation to the Surcharging Standards: A Consultation Document December 2011 | Consultations
10 Dec 2011
Consultations
acceptance of Visa Debit cards issued under the Scheme by the merchant charging fees or surcharges to Visa Debit card holders; or. ... ii. the average cost to the merchant of acceptance of a subset of Visa Debit cards issued under the Scheme which
https://www.rba.gov.au/publications/consultations/201112-variation-surcharging-standards/attachment-2.html
Payment Cards
8 Aug 2017
RDP
2017-04
Since the 2013 survey, the share of debit card payments has increased by slightly more than that of credit cards (6 percentage points compared with 3 percentage points). ... Figure 5: Debit Card Payments by Age. Per cent of number of card payments, 2016.
https://www.rba.gov.au/publications/rdp/2017/2017-04/payment-cards.html
See 11 more results from "RDP 2017-04"
Consultations
23 May 2024
Consultations
Index of Consultations
https://www.rba.gov.au/publications/consultations/
Trends in Payments, Clearing and Settlement Systems
15 Oct 2020
PSB Annual Report
– 2020
951. 7.0. 7.7. 9.5. 3.6. Card purchases using Australian-issued cards; debit card series includes prepaid cards. ... When paying with a card, Australians are increasingly choosing debit cards rather than credit cards.
https://www.rba.gov.au/publications/annual-reports/psb/2020/trends-in-payments-clearing-and-settlement-systems.html
Other Retail Payments Developments
2 Oct 2013
PSB Annual Report
– 2013
the debit card systems, with these fees paid by the acquirer (merchant's bank) to the issuer (cardholder's bank). ... alternative ‘consumer electronic’ rate for transactions where a debit card is inserted or swiped at a terminal.
https://www.rba.gov.au/publications/annual-reports/psb/2013/other-ret-pay-dev.html
Bulletin
18 Apr 2024
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/