Search: EFTPOS

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RBA Glossary definition for EFTPOS

EFTPOS – electronic funds transfer at point of sale. The eftpos system is a domestic debit card system managed by eftpos Payments Australia Limited.

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How Australians Withdraw Cash

10 Jul 2004 Bulletin – July 2004
The survey does not separately identify those who used EFTPOS to withdraw cash. ... The increase in the number of EFTPOS terminals has been even more marked.
https://www.rba.gov.au/publications/bulletin/2004/jul/3.html

A Guide to the Card Payments System Reforms

10 Sep 2010 Bulletin – September 2010
Michele Bullock
higher-cost payment method (credit cards) instead of a lower cost method (EFTPOS). ... The standards for EFTPOS and Visa debit interchange fees were introduced in 2006.
https://www.rba.gov.au/publications/bulletin/2010/sep/7.html

The Cost of Card Payments for Merchants

15 Sep 2022 Bulletin – September 2022
Troy Gill, Cara Holland and Georgia Wiley
The average cost for a merchant to accept a card payment has declined over recent years.
https://www.rba.gov.au/publications/bulletin/2022/sep/the-cost-of-card-payments-for-merchants.html

Bank Branch Trends in Australia and Overseas

10 Nov 1996 Bulletin – November 1996
areas. Graph 5. ATMs and EFTPOS devices provide alternative access to some bank services. ... Graph 10 shows the number of EFTPOS terminals per million inhabitants in 1988 and 1994.
https://www.rba.gov.au/publications/bulletin/1996/nov/1.html

Abstract for A Guide to the Card Payments System Reforms

10 Sep 2010 Bulletin – September 2010
Michele Bullock
The effect of these changes was to increase the price to cardholders of using a credit card relative to EFTPOS, thereby reducing the incentive to use the more costly payment instrument ... credit card) over the less costly one (EFTPOS) and reducing the
https://www.rba.gov.au/publications/bulletin/2010/sep/bu-0910-7a.html

Cash Use in Australia: New Survey Evidence

10 Sep 2011 Bulletin – September 2011
John Bagnall and Darren Flood
197. eftpos cash-out. 1.2. 1.5. 99. 119. 83. 78. Over-the-counter. (b). ... By contrast, the medians for ATM withdrawals and eftpos cash-outs were unchanged across surveys at $100 and $50, respectively.
https://www.rba.gov.au/publications/bulletin/2011/sep/7.html

Banking Fees in Australia

10 May 2008 Bulletin – May 2008
Merchant service fees on debit cards increased more sharply, albeit from a low base, reflecting higher unit fees on EFTPOS transactions. ... Following reform of the EFTPOS system in November 2006, EFTPOS merchant service fees increased in response to
https://www.rba.gov.au/publications/bulletin/2008/may/3.html

Payments System Review Conference

10 Apr 2008 Bulletin – April 2008
much less than the effective price of an EFTPOS transaction, despite the EFTPOS system having lower underlying resource costs. ... responsible for any reduction in investment in Australia's credit card or EFTPOS systems.
https://www.rba.gov.au/publications/bulletin/2008/apr/2.html

The Changing Australian Retail Payments Landscape

10 Jul 2003 Bulletin – July 2003
1.40. EFTPOS. 0.40. 0.45. 0.45. Telephone banking. na. 0.30. 0.45. Internet banking. ... Credit cards, which can also be used at EFTPOS terminals, may have fuelled this growth to some extent.
https://www.rba.gov.au/publications/bulletin/2003/jul/1.html

Some Features of the Australian Payments System

10 Dec 1998 Bulletin – December 1998
Michele Bullock and Luci Ellis
5. 1.4. EFTPOS. 20. 11.3. Credit cards. 13. 3.7. Total. 100. ... Growth in non-cash payments in recent years has been driven mainly by growth in EFTPOS transactions.
https://www.rba.gov.au/publications/bulletin/1998/dec/1.html