Search: interchange fee
RBA Glossary definition for interchange fee
interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.
Search Results
The Operation of the Interchange Standards: Conclusions and Variation of Standards
31 May 2019
Media Releases
The Reserve Bank has issued a Media Release The Operation of the Interchange Standards: Conclusions.
https://www.rba.gov.au/media-releases/2019/mr-19-14.html
The Australian Financial System in the 1990s
24 Nov 2006
Conferences
PDF
101KB
RBA Conference Volume 2000
https://www.rba.gov.au/publications/confs/2000/pdf/gizycki-lowe.pdf
Variation of Interchange Standard as it applies to the MasterCard and Visa systems
26 Apr 2006
Media Release
PDF
92KB
Payment Systems (Regulation) Act 1998
https://www.rba.gov.au/media-releases/2006/pdf/mr-06-02-creditcard-std.pdf
Payment Systems (Regulation) Act 1998, The designated credit card systems operated by Bankcard, MasterCard and Visa - July 2005
20 Jul 2005
Media Release
PDF
123KB
Reform of Credit Card Schemes in Australia
https://www.rba.gov.au/media-releases/2005/pdf/mr-05-08-gazette-notice-interchange-std.pdf
Appendix A: Additional Detailed Results
31 Dec 2014
RDP
2014-14
Interchange fees (issuers to acquirers). 0.49. 0.04. Memo item: average withdrawal value. ... na. 0.01. Issuers – interchange fees (to acquirers). 0.16. 0.22. Acquirers – fee rebates (to merchants).
https://www.rba.gov.au/publications/rdp/2014/2014-14/appendix-a.html
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The Australian Financial System in the 1990s | Conference – 2000
21 Jun 1990
Conferences
Second, fees such as interchange fees are set by each credit card scheme, thus limiting the scope for individual banks within the scheme to adjust fees unilaterally. ... Scheme-wide rules notwithstanding, there is little incentive for a bank to
https://www.rba.gov.au/publications/confs/2000/gizycki-lowe.html
Evidence on Policy Reforms
31 Dec 2014
RDP
2014-05
Interchange fees are typically a major determinant of the per-transaction merchant service fees charged by financial institutions. ... Published interchange fees in 2013 ranged from 0.20 or 0.23 per cent for strategic merchants, up to 2.0 per cent.
https://www.rba.gov.au/publications/rdp/2014/2014-05/evi-pol-ref.html
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Cash
8 Aug 2017
RDP
2017-04
Similarly, a reduction in interchange fees for small/contactless card payments by one of the international card schemes in late 2012 may have contributed to a greater willingness by some businesses ... ATM withdrawals that incurred a fee was 28 per cent
https://www.rba.gov.au/publications/rdp/2017/2017-04/cash.html
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EFTPOS Benchmark Calculation
12 Dec 2009
Media Release
PDF
10KB
Reform of the EFTPOS System
https://www.rba.gov.au/media-releases/2006/pdf/mr-06-06-eftpos-benchmark-calc.pdf
Review of Card Payments Regulation: Conclusions
26 May 2016
Media Releases
The Reserve Bank has released the Conclusions to its Review of Card Payments Regulation and Final Standards relating to Surcharging and to Interchange Fees in designated card schemes.
https://www.rba.gov.au/media-releases/2016/mr-16-15.html