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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.

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Reform of Credit Card Schemes in Australia

19 Sep 2003 Media Releases
Announces that the RBA welcomes today's decision by the Federal Court which dismissed an application by Visa International and MasterCard International challenging credit card reforms. The Court's decision clears the way for the final implementation
https://www.rba.gov.au/media-releases/2003/mr-03-12.html

Reform of Debit Card Systems in Australia

7 Jul 2006 Media Releases
The Reserve Bank introduces reforms for scheme debit systems
https://www.rba.gov.au/media-releases/2006/mr-06-04.html

Payment Card Access Regimes

18 Dec 2014 Media Releases
Payment Card Access Regimes
https://www.rba.gov.au/media-releases/2014/mr-14-22.html

Study of Interchange Fees and access in Debit and Credit Card Schemes Australian Competition and Consumer Commission and the Reserve Bank…

16 Sep 1999 Media Releases
Joint study into interchange fees for debit and credit cards, and membership criteria for credit cards
https://www.rba.gov.au/media-releases/1999/mr-99-accc.html

Discontinued Data

9 Mar 2023 Statistics
This page provides links to data no longer updated by the Reserve Bank of Australia
https://www.rba.gov.au/statistics/discontinued-data.html

Exclusion of Scheme Debit Transactions from Table C2: Explanatory Note

9 Mar 2023 Statistics
These trends have diverged over recent years, with debit card payments – particularly scheme debit – continuing to grow strongly, while the use of credit cards has moderated (Graph 1). ... transactions and a 7 per cent increase in credit and charge
https://www.rba.gov.au/statistics/tables/exp-note/c2-note-120510.html

Interchange Fees for the Bankcard, Mastercard and Visa Credit Card Schemes

31 Oct 2003 Media Releases
Credit card reform has resulted in interchange fees charged by Bankcard, MasterCard and Visa card schemes to be reduced to around a little over half of their previous level. The Reserve Bank is confident that competition will ensure that the new,
https://www.rba.gov.au/media-releases/2003/mr-03-14.html

Joint Media Release: Debit and Credit Card Schemes in Australia: A Study of Interchange Fees and Access

10 Oct 2000 Media Release
Joint Media Release Debit and Credit Card Schemes in Australia A Study of Interchange Fees and Access. ... aspect of the Australian payments system – the networks for ATMs, credit cards and debit cards.
https://www.rba.gov.au/media-releases/2000/jmr-rba-accc.html

Payments System Issues – Payments Council MoU, EFTPOS Access Regime and Review of Card Payments Regulation

28 Aug 2015 Media Releases
Media Release Payments System Issues – Payments Council MoU, EFTPOS Access Regime and Review of Card Payments Regulation. ... The Board also discussed its ongoing review of card payments regulation at its 21 August meeting.
https://www.rba.gov.au/media-releases/2015/mr-15-14.html

Reform of Debit Card Schemes in Australia

28 Nov 2005 Media Releases
Media release welcoming the Federal Court's decision concerning the RBA's designation of the EFTPOS system
https://www.rba.gov.au/media-releases/2005/mr-05-14.html