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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Some Features of the Australian Payments System
22 Feb 2001
Bulletin
PDF
41KB
In nearly all countries, cash playsan important role and non-cash instrumentssuch as cheques, credit and debit cards anddirect electronic payments are all available.What distinguishes the payment systems ofcountries is ... Indeed, asdiscussed earlier,
https://www.rba.gov.au/publications/bulletin/1998/dec/pdf/bu-1298-1.pdf
Dual-Network Cards and Mobile Wallet Technology – December 2016 | Consultations
1 Dec 2016
Consultations
Dual-Network Cards and Mobile Wallet Technology. Consultation Paper. December 2016. Download the complete Document 525.
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/
Some Features of the Australian Payments System
10 Dec 1998
Bulletin
– December 1998
In nearly all countries, cash plays an important role and non-cash instruments such as cheques, credit and debit cards and direct electronic payments are all available. ... Indeed, as discussed earlier, the growth in electronic payments in Australia has
https://www.rba.gov.au/publications/bulletin/1998/dec/1.html
Trends in Mobile Payments in Developing and Advanced Economies
22 Mar 2013
Bulletin
– March 2013
As mobile phones have become commonplace throughout the world there has been an increasing focus on their potential use for making payments. Adoption of mobile payments in developing economies has occurred well ahead of that in advanced economies,
https://www.rba.gov.au/publications/bulletin/2013/mar/8.html
The Ongoing Decline of the Cheque System
15 Jun 2017
Bulletin
– June 2017
Cheque use in Australia has declined significantly over the past few decades and currently represents only a small share of non-cash payments. This decline reflects changes in the payments market as a result of technological change and customer
https://www.rba.gov.au/publications/bulletin/2017/jun/7.html
The Effect of Least-cost Routing on Merchant Payment Costs
18 Apr 2024
Bulletin
– April 2024
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
Bank Fees in Australia
16 Jun 2022
Bulletin
– June 2022
This article updates previous Reserve Bank research on bank fees charged to Australian households, businesses and government.
https://www.rba.gov.au/publications/bulletin/2022/jun/bank-fees-in-australia.html
Banking Fees in Australia
10 Jun 2012
Bulletin
– June 2012
Fee income from credit cards rose by 4.0 per cent. This was driven by an increase in credit card account servicing fee income based on a small increase in the ... Merchant service fee income rose by 3.9 per cent in 2011 (Graph 4). These fees are
https://www.rba.gov.au/publications/bulletin/2012/jun/5.html
Merchant Service Fees for Credit Cards
10 Jul 2004
Bulletin
– July 2004
MasterCard and Visa also apply a commercial rate for corporate and purchasing cards, and Visa applies a separate rate for recurring debits to credit cards such as mobile phone accounts. ... Interchange fees on MasterCard and Visa cards issued overseas
https://www.rba.gov.au/publications/bulletin/2004/jul/2.html
Review of Card Surcharging: A Consultation Document - June 2011
31 Jan 2012
Consultations
PDF
596KB
Payments System Board Consultation on Card Surcharging
https://www.rba.gov.au/publications/consultations/201106-review-card-surcharging/pdf/201106-review-card-surcharging.pdf