Search: credit card
RBA Glossary definition for credit card
credit card – A credit card is a card whose holder has been granted a revolving credit line. The card enables the holder to make purchases and/or cash advances up to a pre-arranged limit. The credit granted can be settled in full by the end of a specified period or in part, with the balance taken as extended credit. Interest may be charged on the transaction amounts from the date of each transaction or only on the extended credit where the credit granted has not been settled in full.
Search Results
Standard No.1 of 2016: The Setting of Interchange Fees in the Designated Credit Card Schemes and Net Payments to Issuers (compilation)
15 Dec 2021
PDF
116KB
Core Services provided during or in respect of the Reporting Period for Credit Cards of the Scheme or Credit Card Transactions undertaken in the Scheme;. ... i) the Benefit must be apportioned between:. (A) the Credit Cards of the Scheme and Credit Card
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/pdf/standard-no-1-of-2016-credit-card-interchange-2021-11-18.pdf
Re: Consultation Document on Credit Card Interchange Fees in Australia
18 Mar 2002
PDF
168KB
recognize that merchants/retailers like Shell also provide value in a credit card. ... debit cards being used as credit cards so the issuers may earn credit interchange.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/consult-doc-responses/shell-140302.pdf
Submission from St. George Bank Limited to the Reserve Bank of Australia on Credit Card Reform
18 Mar 2002
PDF
259KB
7. (vi) Chargeback Processing. The processing of chargebacks is an integral element of the credit card proposition. ... changes to interchange rate methodology applying to only the open schemes, an inherent competitive advantage to store cards and other
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/consult-doc-responses/stgeorge-150302.pdf
Proposed changes to credit card interchange standard
26 Aug 2005
PDF
28KB
Submissions on Draft Common Credit Card Interchange Standard
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/submissions-draft/ampf-23082005.pdf
Reform of Credit Card Schemes in Australia: A Consultation Document - Glossary of Acronyms
20 Jun 2012
PDF
21KB
Reform of Credit Card Schemes in Australia
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/ia-consult-doc/pdf/glossary.pdf
Reform of Credit Card Schemes in Australia: I A Consultation Document - Appendix
20 Jun 2012
PDF
17KB
Reform of Credit Card Schemes in Australia
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/ia-consult-doc/pdf/appendix.pdf
The Appropriate Scope of Credit Card Scheme Regulation (Access Economics)
3 Dec 2001
PDF
262KB
The terms attachedto different credit cards vary and may include annual cardholder fees, different lengths of interest free periodsafter the (monthly) card statement is issued and various levels of interest rates ... Credit card transactions can be
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/iii-submissions-vol1/d2-amex-reg.pdf
Principles for Regulation of Credit Card Systems
3 Dec 2001
PDF
193KB
non-credit card paying consumers to credit card card-paying consumers. The Joint Study did not take into account the valid rationale for the ‘no surcharge’ rule,. ... credit card paying customers receive a cross subsidy or that others provide one.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/iii-submissions-vol1/e2-anz-rba.pdf
Box B: Recent Trends in Personal Credit
10 Feb 2020
FSR
April 2018
PDF
640KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/box-b.pdf
Credit Card Schemes in Australia - A response to the Reserve Bank of Australia and Australian Competition and Consumer Commission Joint…
3 Dec 2001
PDF
514KB
More fundamentally, the Joint Study fails to define precisely what is meant by the claim that currentincentives for card users are encouraging “over-usage” of credit cards. ... Credit cards are second only to cheques as a payment instrument and the
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/iii-submissions-vol2/t1-visa-0101.pdf