Search: dual-network card
RBA Glossary definition for dual-network card
dual-network card – A payment card that can be used to initiate transactions, typically from the same deposit account, for two different payment processing networks. For example, a debit card (sometimes also known as an ATM card) that can be used to make a payment via either the eftpos network or one of the international scheme networks. These cards usually have an international scheme logo (Mastercard or Visa) on one side and the eftpos logo on the other.
Search Results
Non-technical summary for 'The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey'
20 Nov 2023
RDP
PDF
283KB
RDP 2023-08 non-technical summary
https://www.rba.gov.au/publications/rdp/2023/2023-08/rdp-2023-08-non-technical-summary.pdf
Media Releases – 2016
31 Dec 2016
Media releases
issued in 2016
https://www.rba.gov.au/media-releases/2016/
Opening Panel Remarks on the Regulatory Landscape for Payments
27 Nov 2018
Speech
Speech delivered by Tony Richards, Head of Payments Policy, to the Australian Payment Summit, Sydney
https://www.rba.gov.au/speeches/2018/sp-so-2018-11-27.html
Payments System Board Update: August 2018 Meeting
24 Aug 2018
Media Releases
At its meeting today, the Payments System Board discussed issues including the 2018 assessment of the ASX Clearing and Settlement Facilities, the ASX CHESS replacement consultation, the Productivity Commission's Final Report on Competition in the
https://www.rba.gov.au/media-releases/2018/mr-18-19.html
Media Releases – 2013
31 Dec 2013
Media releases
issued in 2013
https://www.rba.gov.au/media-releases/2013/
Payments System Board Update: May 2018 Meeting
18 May 2018
Media Releases
At its meeting today, the Payments System Board reviewed industry progress on providing merchants with the ability to route contactless debit card transactions to their lowest-cost processing network. Least-cost routing (LCR), or merchant routing,
https://www.rba.gov.au/media-releases/2018/mr-18-12.html
Payments System Board Update: February 2018 Meeting
23 Feb 2018
Media Releases
At its meeting today, the Payments System Board considered issues including the public launch of the New Payments Platform, least-cost routing of transactions on contactless debit cards, card-not-present fraud, technology and the evolving nature of
https://www.rba.gov.au/media-releases/2018/mr-18-04.html
Panic, Pandemic and Payment Preferences
5 Jun 2020
Speech
PDF
256KB
Second, and particularly relevant for card payments, is least-cost routing. Least-cost routing putssome power into the hands of merchants by providing them the ability to route a dual-network ... called dual-network debit cards.
https://www.rba.gov.au/speeches/2020/pdf/sp-ag-2020-06-03.pdf
Payments System Board Update: February 2017 Meeting
17 Feb 2017
Media Releases
At its meeting today, the Payments System Board discussed progress on the New Payments Platform (NPP).
https://www.rba.gov.au/media-releases/2017/mr-17-05.html
Payments System Board Update: November 2016 Meeting
18 Nov 2016
Media Releases
At its meeting today the Payments System Board discussed strategic priorities for the Bank's payments policy work, including some issues relating to technology, competition and efficiency.
https://www.rba.gov.au/media-releases/2016/mr-16-28.html