Search: smart card
RBA Glossary definition for smart card
smart card – Also known as a chip card or IC (integrated circuit) card. A card containing one or more computer chips or integrated circuits for identification, data storage or special-purpose processing used to validate personal identification numbers (PINs), authorise purchases, verify account balances and store personal records.
Search Results
Payments System Board Consultation on Card Surcharging
8 Jun 2011
Media Releases
At its meeting on 20 May, the Payments System Board decided to hold a public consultation on potential modifications to the ‘no-surcharge’ Standards that apply to the credit card and scheme debit card systems in Australia
https://www.rba.gov.au/media-releases/2011/mr-11-10.html
Reform of Credit Card Schemes in Australia – Access Regime
24 Jul 2003
Media Releases
Announces that the RBA is allowing further public comment on its revised access regime for the credit card market. Submissions on new prudential standards released by the Australian Prudential Authority on 23 July 2003 would be accepted until 12
https://www.rba.gov.au/media-releases/2003/mr-03-09.html
Review of Card Payments Regulation: Conclusions
26 May 2016
Media Releases
The Reserve Bank has released the Conclusions to its Review of Card Payments Regulation and Final Standards relating to Surcharging and to Interchange Fees in designated card schemes.
https://www.rba.gov.au/media-releases/2016/mr-16-15.html
Designation of Visa Debit Card Scheme in Australia
23 Feb 2004
Media Releases
Announcement that the RBA has designated the debit and credit card scheme operated in Australia by Visa International as a payment system under the Payment Systems (Regulation Act 1998)
https://www.rba.gov.au/media-releases/2004/mr-04-01.html
Payments System Issues: Multi-Network Debit Cards
17 Aug 2012
Media Releases
At its meeting today, the Payments System Board considered the public policy issues relating to multi-network debit cards. These are cards issued by banks and other financial institutions for ATM usage and with debit functionality from more than one
https://www.rba.gov.au/media-releases/2012/mr-12-20.html
Designation of Credit Card Schemes in Australia
12 Apr 2001
Media Releases
Following a decision by the Payments System Board, the Reserve Bank has today brought credit card schemes in Australia under its regulatory oversight
https://www.rba.gov.au/media-releases/2001/mr-01-09.html
Reform of Card Payment Systems in Australia
9 Sep 2004
Media Releases
Announces that the RBA has designated the EFTPOS debit card payment system in Australia as a payment system under the Payment Systems (Regulation) Act 1998. Designation is the first step in the possible establishment of standards and/or an access
https://www.rba.gov.au/media-releases/2004/mr-04-08.html
Review of Card Payments Regulation
4 Mar 2015
Media Releases
Review of Card Payments Regulation
https://www.rba.gov.au/media-releases/2015/mr-15-04.html
Consultation on Payment Card Access Regimes
28 May 2013
Media Releases
Consultation on Payment Card Access Regimes
https://www.rba.gov.au/media-releases/2013/mr-13-11.html
Review of Card Payments Regulation: Designation of Payment Systems
15 Oct 2015
Media Releases
The Reserve Bank has designated the American Express companion card system, the Debit MasterCard system, and the eftpos, MasterCard and Visa prepaid card systems
https://www.rba.gov.au/media-releases/2015/mr-15-19.html