Search: interchange fee
RBA Glossary definition for interchange fee
interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.
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Appendix 2: Examples of Commitments on Interchange Fees | Reform of Australia's Payments System: Conclusions of the 2007/08 Review –…
9 Mar 2023
Reform of Australia's Payments System Appendix 2: Examples of Commitments on Interchange Fees. ... One possibility would be to effectively reproduce the current credit card interchange fee Standard in a less legalistic manner.
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/review-0708-conclusions/appendix-2.html
The Bank's Card System Reforms | Review of Card Payments Regulation
9 Mar 2023
The Standard set an interchange fee benchmark for each scheme and increased transparency of these fees. ... for which there was a separate interchange fee; and more transparent scheme fees.
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/banks-card-system.html
Final Standard | Common Benchmark for the Setting of Credit Card Interchange Fees
9 Mar 2023
Common Benchmark for the Setting of Credit Card Interchange Fees – November 2005 6. ... Final Standard. Reflecting consultation and the analysis above, the Bank has decided to modify the Standard on interchange fees in the designated credit card schemes
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/cc-fees-benchmark/final-standard.html
Options Regarding Interchange Fees | Preliminary Conclusions of the 2007/08 Review April 2008
9 Mar 2023
The most contentious issue has been, and remains, the regulation of interchange fees. ... The second option is to retain interchange regulation, but reduce interchange fees further.
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/review-0708-pre-conclusions/interchg-fee-options.html
Attachment | Access Regime for the ATM System: A Consultation Document – December 2008
9 Mar 2023
ATM Acquirer does not pay an interchange fee to access any ATMs of the ATM Issuer in the arrangement;. ... website or on a representative of the participants' website, or make the multilateral interchange fee generally available through other means.
https://www.rba.gov.au/payments-and-infrastructure/atms/access-regime/consultation/attachment.html
Retail Payments Regulation and Policy Issues
21 Oct 2021
PSB Annual Report
– 2021
Even so, the schemes made a number of voluntary changes to their credit interchange fee schedules during the year, primarily to raise fees on some premium card categories. ... This requirement is intended to limit the possibility of schemes using
https://www.rba.gov.au/publications/annual-reports/psb/2021/retail-payments-regulation-and-policy-issues.html
Submissions on the Bank's Proposed Standards and Access Regime | Reform of the EFTPOS and Visa Debit Systems in Australia: Final Reforms…
9 Mar 2023
In contrast, most banks supported the reduction in EFTPOS interchange fees; some argued that the Bank should go further and reduce the interchange fee to zero, while others encouraged the Bank ... However, Coles Myer, together with the AMPF, also argued
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/impact-stmt-apr06/submissions.html
Executive Summary | I A Consultation Document
9 Mar 2023
The legal status of interchange fee arrangements under the. Trade Practices Act 1974. ... Interchange fees are a type of transfer payment that enables credit card issuers to recover some of their costs from acquirers and, in turn, from merchants through
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/ia-consult-doc/exec-summary.html
Developments in Retail Payments | Review of Retail Payments Regulation – Issues Paper
9 Mar 2023
Review of Retail Payments Regulation – Issues Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/developments-in-retail-payments.html
Analysis of Issues | Common Benchmark for the Setting of Credit Card Interchange Fees
9 Mar 2023
Common Benchmark for the Setting of Credit Card Interchange Fees – November 2005 5. ... rather than to further lower the average level of interchange fees in the credit card systems.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/cc-fees-benchmark/analysis-issues.html