Search: dual-network card

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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

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

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

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

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

Other Retail Payments Developments

2 Oct 2013 PSB Annual Report – 2013
American Express companion cards are now a relatively standard feature on rewards credit card accounts at the four major banks. ... per cent (for Australian cards used overseas in a card-present environment) (Graph 10).
https://www.rba.gov.au/publications/annual-reports/psb/2013/other-ret-pay-dev.html

List of tables

8 Sep 2011 PSB Annual Report – 2011
Shares in the year to June 2011, per cent. Number. Value. Credit cards. ... Credit card Per cent unless. otherwise specified. Debit card Cents unless. otherwise specified.
https://www.rba.gov.au/publications/annual-reports/psb/2011/tables.html

List of tables

24 Oct 2016 PSB Annual Report – 2016
421. 497. Australian cards used in Australia. 133. 169. Card present. ... 33. 32. Card not present. 99. 137. Australian cards used overseas.
https://www.rba.gov.au/publications/annual-reports/psb/2016/tables.html