Search: acquirer
RBA Glossary definition for acquirer
acquirer – An institution that provides a merchant with facilities to accept card payments
Search Results
Policy Options | Review of Card System Access Regimes: A Consultation Document May 2013 | Consultations
28 May 2013
Consultations
as card issuers or acquirers. ... Option 3 would mean that – should it decide to become a direct acquirer of card payments in order to offer improved services to its customers – the Bank could seek to become
https://www.rba.gov.au/publications/consultations/201305-review-card-sys-access-regimes/policy-options.html
Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform
12 Jun 2012
Consultations
PDF
518KB
Consultation on the Future Regulatory Framework for the EFTPOS System
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/pdf/201206-rev-reg-frmwrk-eftpos-sys-doc.pdf
Dual-Network Cards and Mobile Wallet Technology: Consultation Paper - December 2016
7 Dec 2016
Consultations
PDF
524KB
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/pdf/20161207-dual-network-cards-and-mobile-wallet-technology.pdf
Background | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations
6 Dec 2013
Consultations
The Access Regimes also prevented schemes from discriminating between types of ADIs (including SCCIs) and between issuers and acquirers.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/background.html
Background | Review of Card Surcharging: A Consultation Document June 2011 | Consultations
7 Jun 2011
Consultations
A merchant service fee is a per-transaction or ad valorem fee paid by a merchant to the acquirer when a cardholder undertakes a transaction.
https://www.rba.gov.au/publications/consultations/201106-review-card-surcharging/background.html
Reviewing the Designation of the eftpos System | Review of Card Surcharging: A Consultation Document June 2011 | Consultations
9 Mar 2012
Consultations
the rules of that system set out in that manual, supplemented or modified by contracts, arrangements or understandings between individual issuers, acquirers and merchant principals (as that latter term is defined
https://www.rba.gov.au/publications/consultations/201203-replacing-eftpos-designation/efpos-system.html
Background and Potential Issues | Review of Card System Access Regimes: A Consultation Document May 2013 | Consultations
28 May 2013
Consultations
goods already paid for by cardholders), none of these attributes required the acquirer to be an ADI. ... While merchants would have to hold their deposits with an ADI, this need not be their acquirer.
https://www.rba.gov.au/publications/consultations/201305-review-card-sys-access-regimes/background-potential-issues.html
Policy Options and Discussion | Review of Card Surcharging: A Consultation Document June 2011 | Consultations
7 Jun 2011
Consultations
One way to limit the scope of the costs that can be included is to only allow costs charged by the acquirer. ... However, there are legitimate costs for processing card transactions that are not necessarily charged by the acquirer.
https://www.rba.gov.au/publications/consultations/201106-review-card-surcharging/policy-options-discussion.html
Mobile Wallet Technology | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016
10 Dec 2016
Consultations
This token passes with the authorisation request through the acquirer and the scheme to the TSP, which converts the token back to the PAN for the card issuer to authorise the
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/mobile-wallet-technology.html
Transitional Arrangements | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 |…
8 Jun 2012
Consultations
This is most applicable for some specialist business models, particularly sole acquirers that used to receive interchange fees under bilateral arrangements.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/transitional-arrangements.html