Search: interchange fee
RBA Glossary definition for interchange fee
interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.
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Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper
8 May 2024
Submissions
As noted above, the ATM Access Regime places certain restrictions on the ability of financial institutions (card issuers) to pay interchange fees to access other participants' ATM fleets. ... The exemption allows card issuers to pay interchange fees to
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html
The Operation of the Interchange Standards: Consultation Paper
28 Feb 2019
Consultations
PDF
990KB
The Bank has placed caps on interchange fees. In the absence of interchange fee caps,. ... issuers could not be used to circumvent the Bank’s interchange fee caps.
https://www.rba.gov.au/publications/consultations/201902-operation-of-the-interchange-standards/pdf/201902-operation-of-the-interchange-standards.pdf
Banking Fees in Australia
10 Jun 2011
Bulletin
– June 2011
The Reserve Bank's annual bank fee survey provides information on the fees that commercial banks earn from their Australian operations. ... Transaction fee income (arising from items such as cash advance fees) increased by 2 per cent from the previous
https://www.rba.gov.au/publications/bulletin/2011/jun/4.html
Bulletin September Quarter 2022
14 Sep 2022
Bulletin
- September 2022
PDF
8931KB
https://www.rba.gov.au/publications/bulletin/2022/sep/pdf/bulletin-2022-09.pdf
Recent Developments in the ATM Industry
7 Dec 2017
Bulletin
– December 2017
The ATM industry in Australia is undergoing a number of changes. Use of ATMs has been declining as people use cash less often for their transactions, though the number of ATMs remains at a high level. The total amount spent on ATM fees has fallen,
https://www.rba.gov.au/publications/bulletin/2017/dec/6.html
The ATM System since the 2009 Reforms
17 Mar 2016
Bulletin
– March 2016
The past seven years have seen two major forces affecting the ATM system. Reforms to pricing arrangements in 2009 have had a number of effects, including establishing an environment that has encouraged a rise in ATM numbers. More recently, the ATM
https://www.rba.gov.au/publications/bulletin/2016/mar/4.html
Gresham’s Law of Payments
19 Apr 2005
Bulletin
PDF
49KB
Address by Governor to Australian Institute of Banking and Finance Industry Forum 2005, Sydney, 23 March 2005
https://www.rba.gov.au/publications/bulletin/2005/apr/pdf/bu-0405-2.pdf
Submission to Payments System Review – January 2021 | Responses and Options Paper
8 May 2024
Submissions
It has largely focused on:. interchange fees and scheme rule restrictions relating to merchants in card systems, with regulation aimed at improving efficiency in the payments system by making price signals
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html
Statement To Parliamentary Committee - The Australian Payments System
8 Jun 2006
Bulletin
PDF
68KB
Opening Statement by Dr Philip Lowe, Assistant Governor (Financial System), in testimony to the House of Representatives Standing Committee on Economics, Finance and Public Administration, Sydney, 15 May 2006
https://www.rba.gov.au/publications/bulletin/2006/jun/pdf/bu-0606-3.pdf
Review of the Regulatory Framework for the eftpos System: Consultation on Designation - March 2012
8 Mar 2012
Consultations
PDF
1032KB
This schedule, which came into effect in October 2011, reverses the flow of interchange fees in many cases; for most eftpos transactions, a multilateral interchange fee of 5 cents is paid ... Whether provisions in the Bank’s interchange fees Standard
https://www.rba.gov.au/publications/consultations/201203-replacing-eftpos-designation/pdf/201203-replacing-eftpos-designation.pdf