Search: acquirer
RBA Glossary definition for acquirer
acquirer – An institution that provides a merchant with facilities to accept card payments
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Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments
8 May 2024
Submissions
These are then passed on to merchants by acquirers in the form of a higher merchant service fees. ... For most card transactions, the interchange fee is paid by the acquirer to the issuer.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-as-payment-instruments.html
Statement on Monetary Policy
16 Aug 2007
Bulletin
PDF
672KB
Reserve Bank of Australia Bulletin August 2007
https://www.rba.gov.au/publications/bulletin/2007/aug/pdf/bu-0807-1.pdf
The Cost of Card Payments for Merchants
18 Mar 2020
Bulletin
- March 2020
PDF
605KB
https://www.rba.gov.au/publications/bulletin/2020/mar/pdf/the-cost-of-card-payments-for-merchants.pdf
Background on the Australian Listed Equity Market | Financial Sector | Submissions
17 Sep 2021
Submissions
If the company has been acquired or merged, this is the name/rank of the acquirer or new entity; see notes.
https://www.rba.gov.au/publications/submissions/financial-sector/background-on-the-australian-listed-equity-market-2021-09/index.html
Developments in the Buy Now, Pay Later Market
18 Mar 2021
Bulletin
– March 2021
The buy now, pay later (BNPL) sector is growing rapidly and new providers and business models are emerging.
https://www.rba.gov.au/publications/bulletin/2021/mar/developments-in-the-buy-now-pay-later-market.html
Bulletin March Quarter 2021
22 Mar 2021
Bulletin
- March 2021
PDF
6101KB
https://www.rba.gov.au/publications/bulletin/2021/mar/pdf/bulletin-2021-03.pdf
Payment Surcharges: Economics, Regulation and Enforcement
13 Dec 2018
Bulletin
– December 2018
The Reserve Bank's new rules on surcharging, which are enforced by the Australian Competition and Consumer Commission (ACCC), allow businesses to recover the cost of accepting different payment methods but prevent them from surcharging excessively.
https://www.rba.gov.au/publications/bulletin/2018/dec/payment-surcharges-economics-regulation-and-enforcement.html
Payment Surcharges Economics Regulation And Enforcement
12 Dec 2018
Bulletin
- December 2018
PDF
564KB
https://www.rba.gov.au/publications/bulletin/2018/dec/pdf/payment-surcharges-economics-regulation-and-enforcement.pdf
Competition in the Payments System | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector | Submissions
6 Sep 2017
Submissions
impose, and requirements for acquirers to provide merchants with greater transparency over their payment costs. ... Some banks also issue American Express companion cards for which American Express remains the sole acquirer.
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/competition-in-the-payments-system.html
Submission to Payments System Review
3 Feb 2021
Submissions
PDF
1155KB
New technology (terminals and chip-based cards) rolled out by card issuers and acquirers to enable.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf