Search: acquirer
RBA Glossary definition for acquirer
acquirer – An institution that provides a merchant with facilities to accept card payments
Search Results
Glossary
11 Nov 2004
PSB Annual Report
– 2004
ACH. Australian Clearing House. Acquirer. an institution that provides a merchant with facilities to accept card payments, accounts to the merchant for the proceeds and clears and settles the resulting obligations ... Honour All Cards Rule. Interchange
https://www.rba.gov.au/publications/annual-reports/psb/2004/glossary.html
Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees – 21 March 2003 | Payments System | Submissions
21 Mar 2003
Submissions
the need to negotiate bilateral agreements with established participants can put both new issuers and acquirers at a competitive disadvantage. ... schemes, which are expected to reduce credit card interchange fee amounts paid by acquirers by around $350
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/
Developments in Retail Payment Systems
25 Oct 2010
PSB Annual Report
– 2010
Acquirers and self-acquirers with bilateral interchange agreements in the EFTPOS system are required to report information on the bilateral fees they receive each year. ... Because interchange fees on EFTPOS transactions are paid by the card issuer to
https://www.rba.gov.au/publications/annual-reports/psb/2010/dev-payments.html
Payments System Board Annual Report 2004 -Glossary
22 Sep 2005
PSB Annual Report
2004
PDF
40KB
https://www.rba.gov.au/publications/annual-reports/psb/2004/pdf/glossary.pdf
Competition and Efficiency
11 Nov 2004
PSB Annual Report
– 2004
SCCIs must meet prudential guidelines set by APRA related to the risks they incur as credit card issuers or acquirers. ... This conclusion was supported by the observation that Australia is almost unique in having interchange fees flow from the issuer to
https://www.rba.gov.au/publications/annual-reports/psb/2004/competition.html
Competition Between Payment Systems: Results
15 Apr 2009
RDP
PDF
273KB
Reserve Bank of Australia. Reserve Bank of AustraliaEconomic Research Department. 2009. -03. RESEARCHDISCUSSIONPAPER. Competition Between Payment Systems: Results. George Gardner and Andrew Stone. RDP 2009-03. COMPETITION BETWEEN PAYMENT
https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-03.pdf
Payments System Board Annual Report 2000 - Glossary
22 Sep 2005
PSB Annual Report
2000
PDF
199KB
https://www.rba.gov.au/publications/annual-reports/psb/2000/pdf/glossary.pdf
Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper
8 May 2024
Submissions
Submissions – Payments System Proposed merger between Armaguard and Prosegur. Submission to the ACCC. October 2022. Download the Submission 6.7. MB. Note: Some statements have been redacted. The Reserve Bank of Australia (the Reserve Bank) has
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.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
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