Search: IAC
RBA Glossary definition for IAC
IAC – Issuers and Acquirers Community - AusPayNet established the Issuers and Acquirers Community (IAC) on 1 July 2015, a forum for discussions, establishing rules, standards and guidelines, and provision for a range of specialty services for all card payments in Australia.
Search Results
RESERVE BANK OF AUSTRALIA
25 Mar 2021
PDF
164KB
NPP; IAC; APCS; BECS; LVCS; LVSS. Reportable incidents. Incidents preventing efficient settlement of payments in RITS.Any wholesale payments incident requiring the use of back-up and contingency services, including those
https://www.rba.gov.au/payments-and-infrastructure/rits/user-doc/pdf/incident-reporting-arrangements.pdf
RITS regulations (superseded 20 November 2023)
21 Nov 2023
PDF
2516KB
RITS REGULATIONS. supe. rsede. d. RITS REGULATIONS. Issued 3 April 2023 — Effective 15 April 2023 page i. CONTENTS. 1. DEFINITIONS AND INTERPRETATION 1. 2. EFFECT OF REGULATIONS AND MEMBERSHIP AGREEMENTS 10. 3. INTERFACE BETWEEN MEMBERS AND THE
https://www.rba.gov.au/payments-and-infrastructure/rits/user-doc/pdf/rits_regulations_superseded_20November2023.pdf
AUSTRALIAN PAYMENTS NETWORK LTD. ABN 12 055 136 519 ...
11 Feb 2020
PDF
317KB
AusPayNet assessed the Rules for the Issuers and Acquirers. Community (IAC) and determined that they already support customer-presented QR Codes.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/australian-payments-network.pdf
Response to Discussion Paper by EFTPOS Industry Working Group
16 Sep 2002
PDF
369KB
In order to cope with these low MSFs, Visa and MasterCard have introduced an “Issuer Allocation Cost” (IAC) for these merchants and left the interchange fee unchanged.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/responses-disc-paper/aip-120902.pdf