Search: acquirer
RBA Glossary definition for acquirer
acquirer – An institution that provides a merchant with facilities to accept card payments
Search Results
Card Payment Systems
13 Sep 2007
PSB Annual Report
– 2007
This decline is larger than the decline in interchange fees, suggesting increased competition between acquirers for the business of merchants. ... However, given that interchange fees in the EFTPOS system are paid by the issuer to the acquirer, the fall
https://www.rba.gov.au/publications/annual-reports/psb/2007/card-payments.html
About the Payments System Board
21 Oct 2021
PSB Annual Report
– 2021
arise. The shift to digital payments means merchants are becoming more reliant on acquirers and other payment service providers for their payment needs. ... Its members are senior executives from a range of payments organisations including financial
https://www.rba.gov.au/publications/annual-reports/psb/2021/about-the-payments-system-board.html
Payments System Board Annual Report 2022
27 Sep 2022
PSB Annual Report
- 2022
PDF
2830KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/psb-annual-report-2022.pdf
Reserve Bank of Australia Annual Report 2021
29 Sep 2022
RBA Annual Report
2021
PDF
6721KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/2021-report.pdf
Payments System Board Annual Report 2013 - Regulatory Developments in Retail Payments
22 Oct 2013
PSB Annual Report
2013
PDF
498KB
https://www.rba.gov.au/publications/annual-reports/psb/2013/pdf/reg-dev-ret-pay.pdf
Regulatory Developments in Retail Payments
2 Oct 2013
PSB Annual Report
– 2013
previous requirement for bilateral interchange fees to be between 4 and 5 cents paid to the acquirer. ... international interchange fees that are paid by acquirers in the EEA to issuers outside the EEA.
https://www.rba.gov.au/publications/annual-reports/psb/2013/reg-dev-ret-pay.html
Developments in Retail Payments Systems
10 Sep 2012
PSB Annual Report
– 2012
per transaction for the debit card systems, paid from the acquirer (merchant's bank) to the issuer (cardholder's bank). ... The multilateral schedule reverses the direction of interchange fees for most transactions so that they now flow from the acquirer
https://www.rba.gov.au/publications/annual-reports/psb/2012/dev-ret-pay-sys.html
Trends in Payments, Clearing and Settlement Systems
15 Oct 2020
PSB Annual Report
– 2020
the issuer) for each transaction, as well as the scheme fees that acquirers pay to the card schemes. ... For example, smaller merchants are likely to have lower negotiating power with their acquirers, may face relatively high costs of switching to
https://www.rba.gov.au/publications/annual-reports/psb/2020/trends-in-payments-clearing-and-settlement-systems.html
Accountability and Communication
15 Oct 2020
PSB Annual Report
– 2020
authorising payments, and clearing and settling payment obligations with acquirers arising from the use of those cards). ... Card acquirers provide merchants with facilities to accept card payments and also undertake similar activities (e.g.
https://www.rba.gov.au/publications/annual-reports/psb/2020/accountability-and-communication.html
About the Payments System Board
27 Sep 2022
PSB Annual Report
- 2022
PDF
554KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/about-the-payments-system-board.pdf