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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List of tables
14 Sep 2017
PSB Annual Report
– 2017
13.6. Dual-network debit. –. 4.5. Strategic merchant. (b). 0.0 to 4.5. –. ... b) As of July 2017, eftpos has three tiers of strategic merchant rates for each of the proprietary, dual-network and digital categories; prior to this, strategic rates were
https://www.rba.gov.au/publications/annual-reports/psb/2017/tables.html
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
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
The Cost of Card Payments for Merchants
19 Mar 2020
Bulletin
– March 2020
Data on merchants’ costs of accepting card payments show large differences in payment costs across both merchants and card systems.
https://www.rba.gov.au/publications/bulletin/2020/mar/the-cost-of-card-payments-for-merchants.html
Applications for Authorisation in Relation to PIN@POS – Auguest 2013 | Payments System | Submissions
8 May 2024
Submissions
Graph 1. In the Australian card payment market, a significant number of debit cards on issue are ‘dual-network’ cards. ... The Bank has previously expressed its support for the issuance of dual-network cards, noting its benefits for cardholder
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-08/index.html
Mobile Wallet Technology | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016
10 Dec 2016
Consultations
Dual-Network Cards and Mobile Wallet Technology 3. Mobile Wallet Technology. Consultation Paper. ... However, equivalent processes can be followed where the card is a dual-network card.
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/mobile-wallet-technology.html
Regulatory Developments in Retail Payments
2 Oct 2013
PSB Annual Report
– 2013
The outcome will safeguard the rights of Australian card-issuing banks and institutions to maintain existing dual-network arrangements in the contactless environment. ... present. The Board has asked the Bank to maintain liaison with the industry on
https://www.rba.gov.au/publications/annual-reports/psb/2013/reg-dev-ret-pay.html
List of tables
20 Sep 2018
PSB Annual Report
– 2018
Number. Value. $. Number. Value. Number. Value. Cards. 73.5. 5.4. 68. ... 0.0 to 3.6. 1.8 to 9.1. Dual network. 4.5. 4.5. Strategic categories.
https://www.rba.gov.au/publications/annual-reports/psb/2018/tables.html
Consultation and Next Steps | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016
10 Dec 2016
Consultations
Dual-Network Cards and Mobile Wallet Technology 5. Consultation and Next Steps.
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/consultation-and-next-steps.html
Domestic Regulatory Developments
8 Oct 2021
FSR
– October 2021
The Bank issued a consultation paper presenting preliminary conclusions in May 2021, which covered: issuance of dual-network debit cards and promotion of ‘least-cost routing’ of debit card transactions; debit ... card interchange fees; transparency
https://www.rba.gov.au/publications/fsr/2021/oct/regulatory-developments.html