Search: interchange fee
RBA Glossary definition for interchange fee
interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.
Search Results
Developments in Retail Payment Systems
8 Sep 2011
PSB Annual Report
– 2011
Purchases below $15 without cash-out, charity payments and Medicare Easyclaim: no interchange fee is paid. ... Current bilateral interchange fees on cash-outs are around 20 cents, also paid to the acquirer.
https://www.rba.gov.au/publications/annual-reports/psb/2011/dev-payments.html
Retail Payments Policy and Developments
24 Oct 2016
PSB Annual Report
– 2016
The first were efficiency issues related to interchange fees and the transparency of card payments. ... In particular, the review considered: whether interchange fee caps were inefficiently high; the implications of the widening of the range of
https://www.rba.gov.au/publications/annual-reports/psb/2016/retail-payments-policy-and-developments.html
Retail Payments Regulation and Policy Issues
20 Sep 2018
PSB Annual Report
– 2018
When the standard relating to credit card interchange fees came into effect in July 2017, both Mastercard and Visa reset their credit card interchange fee schedules to comply with the new ... This requirement is intended to limit the possibility that
https://www.rba.gov.au/publications/annual-reports/psb/2018/retail-payments-regulation-and-policy-issues.html
Retail Payments Regulation and Policy Issues
15 Oct 2020
PSB Annual Report
– 2020
In the event a scheme has exceeded the benchmark, it must reset its interchange fee schedule, such that had those fees applied over the preceding four quarters, the benchmark would not ... In Europe, the European Commission recently assessed the
https://www.rba.gov.au/publications/annual-reports/psb/2020/retail-payments-regulation-and-policy-issues.html
Retail Payments Regulation and Policy Issues
14 Sep 2017
PSB Annual Report
– 2017
MasterCard and Visa published new interchange fee schedules effective July 2017, when the new standards came into force. ... to protect consumers against fraud; and it bans card surcharging on transactions where IFR interchange fee caps apply.
https://www.rba.gov.au/publications/annual-reports/psb/2017/retail-payments-regulation-and-policy-issues.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
Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper
8 May 2024
Submissions
As noted above, the ATM Access Regime places certain restrictions on the ability of financial institutions (card issuers) to pay interchange fees to access other participants' ATM fleets. ... The exemption allows card issuers to pay interchange fees to
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html
List of tables
20 Sep 2018
PSB Annual Report
– 2018
Sources: Mastercard website; Visa website. Table 5: Selected Debit and Prepaid Card Interchange Fees: Mastercard and Visa. ... Sources: Mastercard website; Visa website. Table 6: Selected Debit and Prepaid Card Interchange Fees: eftpos.
https://www.rba.gov.au/publications/annual-reports/psb/2018/tables.html
List of tables
14 Sep 2017
PSB Annual Report
– 2017
Sources: ASX; CLS; RBA. Table 4: Selected Debit and Prepaid Card Interchange Fees: eftpos. ... Table 5: Selected Debit and Prepaid Card Interchange Fees: MasterCard and Visa.
https://www.rba.gov.au/publications/annual-reports/psb/2017/tables.html
List of tables
20 Sep 2005
PSB Annual Report
– 2005
Sources: Bankcard, MasterCard and Visa websites. Table 4: Proposed Changes to Debit Card Interchange Fees. ... 1. 1. 2. Total. 40. 40. 40. Source: RBA. Table 7: BPAY Interchange Fees.
https://www.rba.gov.au/publications/annual-reports/psb/2005/tables.html