Search: interchange fee
Did you mean
interchange fees?
RBA Glossary definition for interchange fee
interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.
Search Results
Fee Income | Submission to the Inquiry into Competition within the Australian Banking Sector – November 2010 | Financial Sector |…
30 Nov 2010
Submissions
Prior to the reforms, the customer's financial institution paid an ‘interchange fee’ of around $1 to the ATM owner to cover the costs of providing ATM services. ... Foreign fees were around $2 on average. The reforms abolished interchange fees and
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-competition-within-australian-banking-sector-2010/fee-income.html
Developments in the Financial System Architecture
20 Oct 2015
FSR
– October 2015
interchange fee arrangements, the regulatory treatment of ‘companion’ card issuance and surcharging.
https://www.rba.gov.au/publications/fsr/2015/oct/dev-fin-sys-arch.html
Developments in the Financial System Architecture
10 Mar 2015
FSR
– March 2015
On retail payment systems, the Report addresses issues related to card interchange fees and surcharging – many of which the Bank raised in its submissions to the Inquiry.
https://www.rba.gov.au/publications/fsr/2015/mar/dev-fin-sys-arch.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-References
8 May 2024
Submissions
RBA and ACCC (2000), Debit and Credit Card Schemes in Australia: A Study of Interchange Fees and Access, October. ... Available at <>. Verdier M (2011), ‘Interchange Fees in Payment Card Systems: a Review of the Literature’, Journal of Economic
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/references.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates - ATM Fees | Submission to the Inquiry into the…
27 Aug 2015
Submissions
Interchange fees had proved to be extremely inflexible. With the cost of ATM provision rising, there was concern that the $1.00 interchange fee might make deployment of ATMs by independent ... ATM numbers increased as independent deployers took advantage
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/atm-fees.html
List of tables | Submission to the Financial System Inquiry March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
Table 8.3: Selected Interchange Fees on a $100 Credit Card Transaction. ... d) ‘Standard’ interchange rates in the US. Sources: MasterCard, Visa.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/tables.html
The Payments System | Supplementary Submission to the Financial System Inquiry – August 2014 | Financial Sector | Submissions
1 Aug 2014
Submissions
Accordingly, the Bank does not support the option of removing the caps on interchange fees. ... Based on the evidence, removing interchange fee caps in Australia would significantly increase interchange fees.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/payments-system.html
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
The standards on interchange fees for the MasterCard and Visa systems set benchmarks for the average interchange fee that can be paid in those systems. ... In practice, reflecting the backward-looking compliance calculation, the setting of the
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html
Developments since the Financial System Inquiry | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector |…
6 Sep 2017
Submissions
clarifying and broadening card interchange regulation and lowering interchange fees. The government's response to the FSI Final Report followed most of the recommendations (The Australian Government 2015). ... establishment by the Reserve Bank of a
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/developments-since-the-financial-system-inquiry.html
Figure 8B.1 | Submission to the Financial System Inquiry – March 2014
19 Mar 2019
Submissions
Financial institutions charge fees for providing these payment services. Merchants are charged a ‘merchant service fee’ which, in part, reflects an underlying wholesale interchange fee that the merchant's financial institution ... In part, these are
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/graphs/figure-8b.1.html