Search: credit card
RBA Glossary definition for credit card
credit card – A credit card is a card whose holder has been granted a revolving credit line. The card enables the holder to make purchases and/or cash advances up to a pre-arranged limit. The credit granted can be settled in full by the end of a specified period or in part, with the balance taken as extended credit. Interest may be charged on the transaction amounts from the date of each transaction or only on the extended credit where the credit granted has not been settled in full.
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The Use of Established Payment Methods | Results of the Reserve Bank of Australia's 2010 Consumer Payments Use Study June 2011 |…
7 Jun 2011
Consultations
Because debit cards allow consumers to use their own funds, these changes in attitude are likely to increase debit card use at the expense of credit cards. ... Graph 12. Within credit card payments, the use of American Express and Diners Club cards
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/results/established-payment-methods.html
Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions
8 May 2024
Submissions
cards. Thus, at least three quarters of consumers (EFTPOS users plus credit card users who performed no EFTPOS transactions) are likely to have a positive valuation on EFTPOS. ... Conclusion on the social cost of payment systems. Table 4 summarises the
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html
Consultations
23 May 2024
Consultations
Index of Consultations
https://www.rba.gov.au/publications/consultations/
Competition in the Payments System | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector | Submissions
6 Sep 2017
Submissions
However, few UnionPay-branded credit cards have been issued locally, which is indicative of the challenges of establishing a new card scheme in the presence of these strong network effects. ... Different card transactions have different costs for
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/competition-in-the-payments-system.html
Attachment 2 – Draft Variation to the Access Regimes | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document…
6 Dec 2013
Consultations
the public interest; and. the financial stability of the designated credit card system. ... under the rules of the Scheme and commonly known as a credit card;.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/attachment-2.html
Insights into the Impact of Payment Systems Reforms | Results of the Reserve Bank of Australia's 2010 Consumer Payments Use Study June 2011 …
7 Jun 2011
Consultations
Only 36 per cent of consumers indicated they would choose to continue using their MasterCard/Visa credit card. ... Only individuals who owned a MasterCard or Visa credit card were required to respond to this question.
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/results/impact-payment-systems-reforms.html
Cards
31 Dec 2014
RDP
2014-05
The results of the survey also give some interesting insights into debit and credit card use for different demographic groups. ... Similarly, households in the first and second age-adjusted household income quartiles made considerably more payments using
https://www.rba.gov.au/publications/rdp/2014/2014-05/cards.html
See 13 more results from "RDP 2014-05"
The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
21 Nov 2023
RDP
PDF
2354KB
in the figures cited for debit and credit card payments; these cards were used for less than per cent of the number. ... being more likely to meet the lending standards for a credit card, as well as debit cards and cash.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf
Submissions
8 May 2024
Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/
Central Clearing of OTC Derivatives in Australia: A discussion paper issued by the Council of Financial Regulators – 2011 | Consultations
7 Jun 2011
Consultations
REFORMS: Credit Cards; Debit Cards; The ATM System; ATM Fee Reforms; Review of Card Payment Systems Reforms; Account Switching; POLICY FRAMEWORK: Payments System Board; Core Principles for Systemically Important Payment Systems; Standards for
https://www.rba.gov.au/publications/consultations/201106-otc-derivatives/