Search: SCCI
RBA Glossary definition for SCCI
SCCI – Specialist Credit Card Institution
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Reform of Card Payment Systems
26 Sep 2006
PSB Annual Report
– 2006
The reforms also improved access by allowing participation by a new class of institution, known as a Specialist Credit Card Institution (SCCI), and promoted greater availability of information regarding interchange fees,
https://www.rba.gov.au/publications/annual-reports/psb/2006/reform-card.html
Background and Potential Issues | Review of Card System Access Regimes: A Consultation Document May 2013 | Consultations
28 May 2013
Consultations
In 2005, Visa advised the Bank that its international rules may have operated to prevent SCCIs from joining the Visa Debit system and that an SCCI intending to acquire both Visa
https://www.rba.gov.au/publications/consultations/201305-review-card-sys-access-regimes/background-potential-issues.html
Consultation and Changes to the Draft Access Regimes | Payment Card Access Regimes: Conclusions – March 2014
9 Mar 2023
Visa continued to be in favour of revoking the Access Regimes while retaining ‘some form of regulatory benchmark of approval’ that would encompass a wider set of entities than the SCCI
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/201403-impact-stmt/conclusions/consultation-changes-draft-access-regimes.html
The Payments System | Supplementary Submission to the Financial System Inquiry – August 2014 | Financial Sector | Submissions
1 Aug 2014
Submissions
The specialist credit card institution (SCCI) framework introduced in 2003 and 2004 was an attempt to achieve a more competition-friendly approach to participation in the MasterCard and Visa credit card
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/payments-system.html
Developments in the Market for Payment Cards | Issues for the 2007/08 Review – May 2007
9 Mar 2023
GE Money received authorisation from APRA in 2004 as a Specialist Credit Card Institution (SCCI), allowing it to undertake credit card issuing and acquiring. ... MoneySwitch received an SCCI authorisation from APRA in 2005, permitting it to acquire
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/review-0708-issues/mkt-developments.html