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RBA Glossary definition for EFTPOS

EFTPOS – electronic funds transfer at point of sale. The eftpos system is a domestic debit card system managed by eftpos Payments Australia Limited.

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2.3 Banking and Payment Services

19 Oct 2023 RBA Annual Report – October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html

The Options | A Revised Interchange Standard for the EFTPOS System – November 2009

9 Mar 2023
If the status quo were maintained, the recently established EFTPOS scheme would have no flexibility in setting its interchange fees. ... Furthermore, it does not dictate how the greater freedom to set interchange fees should be used by the EFTPOS scheme.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/rev-inter-stand-eftpos/options.html

List of tables

20 Sep 2018 PSB Annual Report – 2018
a)(b). Excluding GST; cents unless otherwise specified. Category. eftpos Debit and Prepaid. ... June 2017. July 2018. eftpos only (proprietary). 13.6. 13.6. Strategic categories.
https://www.rba.gov.au/publications/annual-reports/psb/2018/tables.html

Expectations for Tokenisation of Payment Cards and Storage of PANs

21 Dec 2023 Media Releases
The Bank has released a final set of expectations for the Tokenisation of Payment Cards and Storage of PANs, aimed at improving security, efficiency and competition for online card payments.
https://www.rba.gov.au/media-releases/2023/mr-23-37.html

The Evolution of Payment Costs in Australia

11 Apr 2019 RDP PDF 1298KB
On this basis, cash, eftpos and contactless MasterCard & Visa debit transactions have broadly similar resource costs for transactions of under about $20. ... The move from signature authentication to PINs for American Express, Diners Club, MasterCard and
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-14.pdf

Merchant Payment Costs and Least-cost Routing

13 Dec 2017 Speech
Anthony Richards
Speech delivered by Tony Richards, Head of Payments Policy, at the Australian Payment Summit 2017, Sydney
https://www.rba.gov.au/speeches/2017/sp-so-2017-12-13.html

List of tables

14 Sep 2017 PSB Annual Report – 2017
Sources: ASX; CLS; RBA. Table 4: Selected Debit and Prepaid Card Interchange Fees: eftpos. ... b) As of July 2017, eftpos has three tiers of strategic merchant rates for each of the proprietary, dual-network and digital categories; prior to this,
https://www.rba.gov.au/publications/annual-reports/psb/2017/tables.html

Applications for Authorisation in Relation to PIN@POS – July 2016 | Payments System | Submissions

8 May 2024 Submissions
In contrast, fraud losses on eftpos and ATM transactions have remained low by comparison. ... The low level of fraud losses in the eftpos system has typically been attributed to mandatory PIN use, along with the fact that the eftpos network cannot be
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-07/index.html

5.5 Abbreviations

19 Oct 2023 RBA Annual Report – 2023
eftpos. electronic funds transfer at point of sale. EAF. Executive Accountability Framework.
https://www.rba.gov.au/publications/annual-reports/rba/2023/abbreviations.html

Publications | Payments & Infrastructure Resources

23 Apr 2024
A list of useful Australian publications on payments issues
https://www.rba.gov.au/payments-and-infrastructure/resources/publications/