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RBA Glossary definition for acquirer

acquirer – An institution that provides a merchant with facilities to accept card payments

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Recent Developments in the Australian Hedge Fund Industry

13 Nov 2006 Bulletin PDF 63KB
Reserve Bank of Australia Bulletin November 2006
https://www.rba.gov.au/publications/bulletin/2006/nov/pdf/bu-1106-1.pdf

Payments System Board Annual Report 2003 - Glossary of Terms and Abbreviations

22 Sep 2005 PSB Annual Report 2003 PDF 26KB
https://www.rba.gov.au/publications/annual-reports/psb/2003/pdf/glossary.pdf

Funding the Australian Resources Investment Boom

20 Mar 2013 Bulletin PDF 1504KB
Reserve Bank of Australia Bulletin March 2013
https://www.rba.gov.au/publications/bulletin/2013/mar/pdf/bu-0313-6.pdf

The Cost of Card Payments for Merchants

14 Sep 2022 Bulletin - September 2022 PDF 903KB
https://www.rba.gov.au/publications/bulletin/2022/sep/pdf/the-cost-of-card-payments-for-merchants.pdf

Competition and Efficiency

21 Mar 2002 PSB Annual Report – 2001
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. ... In Australia, interchange fees for proprietary debit card (EFTPOS) payments are negotiated
https://www.rba.gov.au/publications/annual-reports/psb/2001/competition.html

Payments System Board Annual Report 2010 - Competition and Co-operation in Retail Payments

25 Oct 2010 PSB Annual Report 2010 PDF 225KB
https://www.rba.gov.au/publications/annual-reports/psb/2010/pdf/comp-coop.pdf

Reform of Card Payment Systems

26 Sep 2006 PSB Annual Report – 2006
The system is built around a series of bilateral business contracts and technical links between issuers and acquirers. ... what this might be, remains a matter for negotiation between issuers and acquirers.
https://www.rba.gov.au/publications/annual-reports/psb/2006/reform-card.html

Developments in the Retail Payments System

2 Oct 2009 PSB Annual Report – 2009
Under the regulations, the weighted average of these fees (which are paid by the transaction acquirer to the card issuer) must be at or below specified benchmarks on certain compliance dates. ... These fees (which are bilaterally negotiated and are paid
https://www.rba.gov.au/publications/annual-reports/psb/2009/dev-payments.html

The Board's First Year

1 Oct 1999 PSB Annual Report – 1999
In credit card transactions, the interchange fee flows from acquirers to issuers. ... The merchants pay merchant service fees to their acquirers at least equal to the interchange fee.
https://www.rba.gov.au/publications/annual-reports/psb/1999/first-year.html

Developments in the Payments System

13 Sep 2007 PSB Annual Report – 2007
While all acquirers and merchants will need to offer the option of PINs for credit cards, cardholders will, if they wish, still be able to sign in the usual way. ... Under both schemes' incentive arrangements, if a chip card is used in a non-chip terminal
https://www.rba.gov.au/publications/annual-reports/psb/2007/dev-payments.html