Search: acquirer
RBA Glossary definition for acquirer
acquirer – An institution that provides a merchant with facilities to accept card payments
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Reform of the Australian Payments System
11 Nov 2004
PSB Annual Report
– 2004
If the acquirer were receiving less revenue from interchange payments than its competitors, it would be unlikely to be able to offer merchants as competitive pricing as other acquirers. ... Accepting a lower fee can hurt, not improve, the competitive
https://www.rba.gov.au/publications/annual-reports/psb/2004/reform.html
Debit Cards
20 Sep 2005
PSB Annual Report
– 2005
The proposed standard for EFTPOS interchange fees would limit these fees on the basis of eligible costs incurred by specified acquirers. ... These eligible costs are limited to the processing and switching costs of acquirers.
https://www.rba.gov.au/publications/annual-reports/psb/2005/debit-cards.html
Glossary of Terms and Abbreviations
1 Oct 2000
PSB Annual Report
– 2000
ACCC. Australian Competition and Consumer Commission. Acquirer. an institution that provides a merchant with facilities to accept card payments, accounts to the merchant for the proceeds and clears and settles the ... HVCS. High-Value Clearing System
https://www.rba.gov.au/publications/annual-reports/psb/2000/glossary.html
Glossary of Terms and Abbreviations
24 Mar 2003
PSB Annual Report
– 2002
ACCC. Australian Competition and Consumer Commission. Acquirer. an institution that provides a merchant with facilities to accept card payments, accounts to the merchant for the proceeds and clears and settles the ... a fee paid between card issuers and
https://www.rba.gov.au/publications/annual-reports/psb/2002/glossary.html
Glossary of Terms and Abbreviations
21 Mar 2002
PSB Annual Report
– 2001
ACCC. Australian Competition and Consumer Commission. Acquirer. an institution that provides a merchant with facilities to accept card payments, accounts to the merchant for the proceeds and clears and settles the ... Interchange fee. a fee paid between
https://www.rba.gov.au/publications/annual-reports/psb/2001/glossary.html
Glossary
11 Nov 2004
PSB Annual Report
– 2004
ACH. Australian Clearing House. Acquirer. an institution that provides a merchant with facilities to accept card payments, accounts to the merchant for the proceeds and clears and settles the resulting obligations ... Honour All Cards Rule. Interchange
https://www.rba.gov.au/publications/annual-reports/psb/2004/glossary.html
Credit and Charge Cards
20 Sep 2005
PSB Annual Report
– 2005
of obtaining a better deal, as the schemes are the sole acquirers for transactions on their own cards. ... This difference reflects the fact that, as mentioned above, American Express is the sole acquirer of transactions on its cards.
https://www.rba.gov.au/publications/annual-reports/psb/2005/credit.html
Trends in the Australian Payments System
26 Sep 2006
PSB Annual Report
– 2006
Around 28 per cent of merchants would consider changing acquirers without necessarily reassessing their transactional banking arrangements. ... enter the credit card system as either an issuer or an acquirer or both.
https://www.rba.gov.au/publications/annual-reports/psb/2006/au-payments.html
Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees – 21 March 2003 | Payments System | Submissions
21 Mar 2003
Submissions
the need to negotiate bilateral agreements with established participants can put both new issuers and acquirers at a competitive disadvantage. ... schemes, which are expected to reduce credit card interchange fee amounts paid by acquirers by around $350
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/
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