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RBA Glossary definition for acquirer

acquirer – An institution that provides a merchant with facilities to accept card payments

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The Effect of Least-cost Routing on Merchant Payment Costs

18 Apr 2024 Bulletin – April 2024
Boston Dobie and Benjamin Watson
The RBA supports all merchants being able to choose the card network used to process debit transactions – a functionality known as least-cost routing (LCR) – with the aim of increasing competition and reducing the cost of accepting card payments.
https://www.rba.gov.au/publications/bulletin/2024/apr/the-effect-of-least-cost-routing-on-merchant-payment-costs.html

Bulletin

17 Apr 2024 Bulletin - April 2024 PDF 7253KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/bulletin-2024-04.pdf

The Effect of Least-cost Routing on Merchant Payment Costs

17 Apr 2024 Bulletin - April 2024 PDF 746KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/the-effect-of-least-cost-routing-on-merchant-payment-costs.pdf

Transcript of Question & Answer Session on 26 March 2024

26 Mar 2024 Speech
Ellis Connolly
Transcript of Question & Answer Session, AFR Banking Summit, Sydney
https://www.rba.gov.au/speeches/2024/sp-so-2024-03-26-q-and-a-transcript.html

Changes to Statistical Tables

14 Mar 2024 Statistics
The table provides data on average fees paid by merchants to acquirers when accepting card payments from consumers. ... The series in this table are derived from newly collected data submitted to the Bank by a sample of card acquirers, with historical
https://www.rba.gov.au/statistics/tables/changes-to-tables.html

Modernising Australia's Payments System

11 Mar 2024 Speech PDF 486KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-12-12.pdf

Update on availability and enablement of least-cost routing for merchants - Data as at December 2023 (published February 2024)

27 Feb 2024
Links to Least-cost Routing of Debit Card Transactions
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/least-cost-routing/update-on-implementation.html

Update on availability and enablement of least-cost routing for merchants - Data as at June 2023 (published August 2023)

27 Feb 2024
Links to Least-cost Routing of Debit Card Transactions
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/least-cost-routing/updates/lcr-update-on-implementation-0623.html

Update on availability and enablement of least-cost routing for merchants - Data as at December 2022 (first published March 2023)

26 Feb 2024
Links to Least-cost Routing of Debit Card Transactions
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/least-cost-routing/updates/lcr-update-on-implementation-0322.html

RBAFOI-232437 - documents for release

21 Feb 2024 PDF 479KB
statistics on market concentration card issuers
https://www.rba.gov.au/information/foi/disclosure-log/pdf/232437.pdf