Search: debit card
RBA Glossary definition for debit card
debit card – A debit card is a card that enables the holder to access funds in a deposit account at an authorised deposit-taking institution.
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Modelling Consumer Payment Behaviour for Australia
1 Jul 2009
RDP
2009-04
However, while cash and debit cards are held by almost all consumers, many do not have a credit card. ... Perhaps for transactions that a consumer already prefers to perform on a credit card, debit cards are a closer substitute.
https://www.rba.gov.au/publications/rdp/2009/2009-04/modelling-consumer-payment-behaviour-australia.html
See 9 more results from "RDP 2009-04"
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. ... These cards are largely promoted as enabling the cardholder to load foreign
https://www.rba.gov.au/publications/annual-reports/psb/2014/other-ret-pay-dev.html
Competition and Efficiency
25 Sep 2003
PSB Annual Report
– 2003
The Board has also actively encouraged reforms in the Australian debit card network. ... The network structure and the direction of debit card interchange fee flows in Australia is unique.
https://www.rba.gov.au/publications/annual-reports/psb/2003/competition.html
Competition and Co-operation in Retail Payments
25 Oct 2010
PSB Annual Report
– 2010
The difference in interchange fee flows has tended to result in card issuers favouring scheme debit cards and promoting them to customers, while merchants have tended to favour EFTPOS. ... At that time, the Board required that the card schemes remove
https://www.rba.gov.au/publications/annual-reports/psb/2010/competition-payments.html
Payment Cards
8 Aug 2017
RDP
2017-04
Since the 2013 survey, the share of debit card payments has increased by slightly more than that of credit cards (6 percentage points compared with 3 percentage points). ... Figure 5: Debit Card Payments by Age. Per cent of number of card payments, 2016.
https://www.rba.gov.au/publications/rdp/2017/2017-04/payment-cards.html
See 11 more results from "RDP 2017-04"
Trends in Payments, Clearing and Settlement Systems
15 Oct 2020
PSB Annual Report
– 2020
951. 7.0. 7.7. 9.5. 3.6. Card purchases using Australian-issued cards; debit card series includes prepaid cards. ... When paying with a card, Australians are increasingly choosing debit cards rather than credit cards.
https://www.rba.gov.au/publications/annual-reports/psb/2020/trends-in-payments-clearing-and-settlement-systems.html
Other Retail Payments Developments
2 Oct 2013
PSB Annual Report
– 2013
the debit card systems, with these fees paid by the acquirer (merchant's bank) to the issuer (cardholder's bank). ... alternative ‘consumer electronic’ rate for transactions where a debit card is inserted or swiped at a terminal.
https://www.rba.gov.au/publications/annual-reports/psb/2013/other-ret-pay-dev.html
Regulatory Developments in Retail Payments
2 Oct 2013
PSB Annual Report
– 2013
The Board also noted issues that had arisen between networks in the context of contactless debit cards, which had the potential, in the Board's view, to inhibit competition, limit choice ... In June 2012, the Reserve Bank of India issued a directive
https://www.rba.gov.au/publications/annual-reports/psb/2013/reg-dev-ret-pay.html
Non-technical summary for 'The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey'
20 Nov 2023
RDP
PDF
283KB
RDP 2023-08 non-technical summary
https://www.rba.gov.au/publications/rdp/2023/2023-08/rdp-2023-08-non-technical-summary.pdf
How Australians Pay: Evidence from the 2016 Consumer Payments Survey
24 Jul 2017
RDP
PDF
1438KB
cards (Table 1). Since the 2013 survey, the share of debit card payments has increased by slightly. ... debit card payments (2.5 per cent). This difference is consistent with credit cards tending to be.
https://www.rba.gov.au/publications/rdp/2017/pdf/rdp2017-04.pdf