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31–40 of 1,218 search results for dual-network card

RBA Glossary definition for dual-network card

dual-network card – A payment card that can be used to initiate transactions, typically from the same deposit account, for two different payment processing networks. For example, a debit card (sometimes also known as an ATM card) that can be used to make a payment via either the eftpos network or one of the international scheme networks. These cards usually have an international scheme logo (Mastercard or Visa) on one side and the eftpos logo on the other.

Related Literature and Scope

31 Dec 2014 RDP 2014-14

Chris Stewart, Iris Chan, Crystal Ossolinski, David Halperin and Paul Ryan

Recent innovations have included:. The transition from using the magnetic stripe on cards to using chips for the storage of card details and transmission of these details to the terminal. ... In addition, lower-value payments often no longer require PIN

https://www.rba.gov.au/publications/rdp/2014/2014-14/related-literature-scope.html

See 12 more results from "RDP 2014-14"

The Effect of Least-cost Routing on Merchant Payment Costs

18 Apr 2024 Bulletin – April 2024

Boston Dobie and Benjamin Watson

The RBA supports all merchants being able to choose the card network used to process debit transactions – a functionality known as least-cost routing (LCR) – with the aim of increasing competition and reducing the cost of accepting card payments.

https://www.rba.gov.au/publications/bulletin/2024/apr/the-effect-of-least-cost-routing-on-merchant-payment-costs.html

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 in the Payments System | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector | Submissions

6 Sep 2017 Submissions

In 2016–17, the Bank undertook a public consultation in response to concerns about possible restrictions by schemes on the use of dual-network cards in mobile wallets (RBA 2016a). ... As noted above, one element of the undertakings provided by the

https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/competition-in-the-payments-system.html

RBA Glossary definition for dual-network card

Related Literature and Scope

The Effect of Least-cost Routing on Merchant Payment Costs

The Cost of Card Payments for Merchants

Competition in the Payments System | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector | Submissions

The Cost of Card Payments for Merchants

The Effect of Least-cost Routing on Merchant Payment Costs

Financial Stability Review

Bulletin June Quarter 2017

Bulletin September Quarter 2017

Bulletin March Quarter 2017

Search: dual-network card

RBA Glossary definition for dual-network card

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