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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Competition and Efficiency
11 Nov 2004
PSB Annual Report
– 2004
Under this standard, the designated credit card schemes of Visa and MasterCard are not permitted to prohibit merchants from passing on the cost of accepting credit cards to customers that use ... One motivation for these arrangements from the banks'
https://www.rba.gov.au/publications/annual-reports/psb/2004/competition.html
Boxes
22 Mar 2024
FSR
A number of Boxes on topics of special interest are published in the Financial Stabiilty Review. These boxes can be read as stand-alone documents or within the relevant Financial Stability Review.
https://www.rba.gov.au/publications/fsr/boxes.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
the international card schemes (MasterCard and Visa) have regulations that prevent merchants recovering from cardholders the cost of accepting credit cards; and. ... Recent data show that, from a merchant's perspective, credit card transactions cost
https://www.rba.gov.au/publications/annual-reports/psb/2001/competition.html
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
Other Retail Payments Developments
12 Sep 2014
PSB Annual Report
– 2014
In contrast, card-present fraud on scheme cards has been generally flat or declining in recent years. ... the attractiveness of committing card fraud on contactless cards compared with card-not-present fraud.
https://www.rba.gov.au/publications/annual-reports/psb/2014/other-ret-pay-dev.html
Competition and Efficiency
1 Oct 2000
PSB Annual Report
– 2000
The study endorsed these criticisms. ‘No surcharge’ rules suppress important signals to end-users about the cost of the credit card network and give consumers choosing between payment instruments the impression ... As far as the credit card network
https://www.rba.gov.au/publications/annual-reports/psb/2000/competition.html
List of tables
12 Sep 2014
PSB Annual Report
– 2014
291. 336. Australian cards used in Australia. 111. 128. Card present. ... 38. 39. Card not present. 73. 89. Australian cards used overseas.
https://www.rba.gov.au/publications/annual-reports/psb/2014/tables.html
Retail Payments Developments
9 Oct 2015
PSB Annual Report
– 2015
The average value of card payments continues to fall, reflecting a greater use of cards for low-value transactions. ... Fraud statistics for ‘scheme’ debit, credit and charge cards include transactions through the international card schemes –
https://www.rba.gov.au/publications/annual-reports/psb/2015/retail-payments-developments.html
List of tables
26 Sep 2006
PSB Annual Report
– 2006
34.2. Direct credits. 26.4. 47.4. Debit cards. 26.3. 0.7. Credit cards. ... 9. 5.6. 54. Credit and charge card cash advances. 12. 7.6.
https://www.rba.gov.au/publications/annual-reports/psb/2006/tables.html