Search: least-cost routing (LCR)
RBA Glossary definition for LCR
LCR – Liquidity Coverage Ratio
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A Journey Towards a Near Cashless Payments System
28 Nov 2018
Speech
PDF
315KB
The longstanding view of the Payments System Board has been that merchantsshould at least have the choice of sending the debit payment through the lower cost system,whether that be eftpos ... systemsenabled to allow least-cost routing.
https://www.rba.gov.au/speeches/2018/pdf/sp-gov-2018-11-26.pdf