Search: credit card
RBA Glossary definition for credit card
credit card – A credit card is a card whose holder has been granted a revolving credit line. The card enables the holder to make purchases and/or cash advances up to a pre-arranged limit. The credit granted can be settled in full by the end of a specified period or in part, with the balance taken as extended credit. Interest may be charged on the transaction amounts from the date of each transaction or only on the extended credit where the credit granted has not been settled in full.
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Trends in Retail Payments
2 Oct 2013
PSB Annual Report
– 2013
Within card-based payments, more transactions were typically made with debit cards than credit cards, except in Brazil, Hong Kong, Japan, Korea and Turkey. ... First, consumers can use credit cards and certain debit cards to purchase goods and services
https://www.rba.gov.au/publications/annual-reports/psb/2013/trends-in-ret-pay.html
Retail Payments Trends
24 Oct 2016
PSB Annual Report
– 2016
Within domestic online retail payments, credit cards remain the dominant payment method by value. ... Fraud statistics for ‘scheme’ debit, credit and charge cards include transactions through the international card schemes – MasterCard, Visa,
https://www.rba.gov.au/publications/annual-reports/psb/2016/retail-payments-trends.html
Trends in Retail Payments
12 Sep 2014
PSB Annual Report
– 2014
Within credit/charge cards, the combined shares of the four-party schemes (MasterCard and Visa) and three-party card schemes (American Express and Diners Club) were largely unchanged in 2013/14. ... Firstly, they can use credit cards and certain debit
https://www.rba.gov.au/publications/annual-reports/psb/2014/trends-in-ret-pay.html
Other Retail Payments Developments
2 Oct 2013
PSB Annual Report
– 2013
Typically, these cards have very high annual fees (averaging around $460) but more generous rewards than the platinum credit cards in the same card range. ... American Express companion cards are now a relatively standard feature on rewards credit card
https://www.rba.gov.au/publications/annual-reports/psb/2013/other-ret-pay-dev.html
The Board's First Year
1 Oct 1999
PSB Annual Report
– 1999
They determine the revenue flows associated with card transactions, the costs ultimately borne by merchants and card-holders, the incentives to use and accept credit and debit cards, and the terms ... 19. Credit cards over the phone. 15. Direct debits. 4.
https://www.rba.gov.au/publications/annual-reports/psb/1999/first-year.html
Trends in Payments, Clearing and Settlement Systems
14 Sep 2017
PSB Annual Report
– 2017
Debit and credit cards combined are the most frequently used payment method. ... Growth in the number and value of debit card transactions continues to outpace growth in credit card transactions (Table 2).
https://www.rba.gov.au/publications/annual-reports/psb/2017/trends-in-payments-clearing-and-settlement-systems.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 Evolving Retail Payments Landscape
27 Sep 2023
PSB Annual Report
– September 2023
The Evolving Retail Payments Landscape | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/the-evolving-retail-payments-landscape.html
2.3 Banking and Payment Services
19 Oct 2023
RBA Annual Report
– October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html
Debit Cards
20 Sep 2005
PSB Annual Report
– 2005
In particular, merchants currently pay the same fees for transactions using Visa Debit cards as they do for Visa credit cards. ... Visa Debit, however, has a competitive advantage over EFTPOS because merchants are forced to accept the card when they make
https://www.rba.gov.au/publications/annual-reports/psb/2005/debit-cards.html