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
Other Retail Payments Developments
12 Sep 2014
PSB Annual Report
– 2014
The pricing of debit cards to consumers is less clear than credit cards because debit card services are generally bundled with a range of transaction and account services. ... While debit and credit cards remain a popular and widely accepted alternative
https://www.rba.gov.au/publications/annual-reports/psb/2014/other-ret-pay-dev.html
Retail Payments Developments
9 Oct 2015
PSB Annual Report
– 2015
Within credit and charge cards, the combined market share of the three-party card schemes (American Express and Diners Club) was largely unchanged in 2014/15 at 19–20 per cent ... Fraud statistics for ‘scheme’ debit, credit and charge cards include
https://www.rba.gov.au/publications/annual-reports/psb/2015/retail-payments-developments.html
Trends in Retail Payments
2 Oct 2013
PSB Annual Report
– 2013
Within card-based payments, more transactions were typically made with debit cards than credit cards, except in Brazil, Hong Kong, Japan, Korea and Turkey. ... First, consumers can use credit cards and certain debit cards to purchase goods and services
https://www.rba.gov.au/publications/annual-reports/psb/2013/trends-in-ret-pay.html
Retail Payments Trends
24 Oct 2016
PSB Annual Report
– 2016
Within domestic online retail payments, credit cards remain the dominant payment method by value. ... Fraud statistics for ‘scheme’ debit, credit and charge cards include transactions through the international card schemes – MasterCard, Visa,
https://www.rba.gov.au/publications/annual-reports/psb/2016/retail-payments-trends.html
Trends in Retail Payments
12 Sep 2014
PSB Annual Report
– 2014
Within credit/charge cards, the combined shares of the four-party schemes (MasterCard and Visa) and three-party card schemes (American Express and Diners Club) were largely unchanged in 2013/14. ... Firstly, they can use credit cards and certain debit
https://www.rba.gov.au/publications/annual-reports/psb/2014/trends-in-ret-pay.html
Other Retail Payments Developments
2 Oct 2013
PSB Annual Report
– 2013
Typically, these cards have very high annual fees (averaging around $460) but more generous rewards than the platinum credit cards in the same card range. ... American Express companion cards are now a relatively standard feature on rewards credit card
https://www.rba.gov.au/publications/annual-reports/psb/2013/other-ret-pay-dev.html
The Board's First Year
1 Oct 1999
PSB Annual Report
– 1999
They determine the revenue flows associated with card transactions, the costs ultimately borne by merchants and card-holders, the incentives to use and accept credit and debit cards, and the terms ... 19. Credit cards over the phone. 15. Direct debits. 4.
https://www.rba.gov.au/publications/annual-reports/psb/1999/first-year.html
Box B: Recent Trends in Personal Credit
10 Apr 2018
FSR
– April 2018
This trend is evident in data for both credit card debt and other personal debt. ... Most cardholders are increasingly using credit cards for transactional purposes rather than for borrowing.
https://www.rba.gov.au/publications/fsr/2018/apr/box-b.html
Financial Stability Review - September 2004
6 Jan 2005
FSR
PDF
1099KB
Box A: Credit Card Indicators. Outstanding debt on credit cards accounts for about 3 per cent of the total debt owed by the household sector. ... Consistent aggregate data on credit card loans past due are only available from 2002.
https://www.rba.gov.au/publications/fsr/2004/sep/pdf/0904.pdf
Payments System Board Annual Report 2001 - Competition and Efficiency
22 Sep 2005
PSB Annual Report
2001
PDF
194KB
https://www.rba.gov.au/publications/annual-reports/psb/2001/pdf/competition.pdf