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.
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Measuring Productivity in the Australian Banking Sector | Conference – 1995
10 Jul 1995
Conferences
This has been manifested in ATMs and credit cards, and more recently, the widespread installation of EFTPOS and the introduction of debit and smart cards.
https://www.rba.gov.au/publications/confs/1995/oster-antioch.html
Bank Deregulation in Australia: Choice and Diversity, Gainers and Losers | Conference – 1991
21 Jun 1991
Conferences
Bankcard debit/credit card. Enhanced retirement services. 1987. Life insurance. Fixed-rate mortgage lending. ... ATM network links. Packaged statement account. Specialised agri-business and rural budgeting centres.
https://www.rba.gov.au/publications/confs/1991/harper.html
The Australian Financial System in the 1990s | Conference – 2000
21 Jun 1990
Conferences
Research and development and the construction of new network infrastructure involve substantial fixed costs and risks that may be more easily borne by larger institutions. ... Approximately two-thirds of these securities are backed exclusively by
https://www.rba.gov.au/publications/confs/2000/gizycki-lowe.html
Banking in the 21st Century: The Transformation of an Industry | Conference – 1996
9 Jul 1996
Conferences
of banks; considerable consolidation of the branch network and infrastructure; increased securitisation of assets; and diversification. ... However, technology also facilitates the verification of the standing of transactors: a particular example is the
https://www.rba.gov.au/publications/confs/1996/llewellyn.html
A Banker's Perspective on the Future of the Financial System | Conference – 1996
9 Jul 1996
Conferences
Other providers will be underwriting capital market fundraising activities, managing investment funds, selling investment instruments, issuing credit cards, offering insurance, and so on. ... And this is just the beginning: in the end a banking function
https://www.rba.gov.au/publications/confs/1996/ferguson-w.html
Developments in the Business of Banking | Conference – 1996
9 Jul 1996
Conferences
In so doing the main source of revenue for maintaining and further expanding the branch network was lost. ... What banks cannot afford to do is keep the old branch network for facilitating payments and simply add on the new technology.
https://www.rba.gov.au/publications/confs/1996/joss.html
The Australian Financial System in the 2000s: Dodging the Bullet | Conference – 2011
24 Jul 2000
Conferences
The Reserve Bank began a program of payments system reforms in the early 2000s, focusing initially on card payment systems (Bullock 2010), where network characteristics create access issues. ... Scheme arrangements also meant that merchants were
https://www.rba.gov.au/publications/confs/2011/davis.html
Panel Discussion: What is the Future for Small Business? | Conference – 2015
19 Mar 2015
Conferences
In this light, the participant asked the panellists' views on the value of government-provided infrastructure – using the National Broadband Network (NBN) as an example – versus government subsidies such as the ... goal and charges everyone's credit
https://www.rba.gov.au/publications/confs/2015/henderson-jeffreys-carnell.html
Discussion | Conference – 2015
19 Mar 2015
Conferences
One participant noted that it is common for personal credit cards to be issued with new home loans and that these might be used as a cash-flow tool by small ... Another participant suggested that the application process for a personal credit card is
https://www.rba.gov.au/publications/confs/2015/connolly-lacava-read-disc.html
Discussion on Microeconomics of the Australian Labour Market | Conference – 1998
9 Jun 1998
Conferences
The controversial findings of Card and Krueger on the impact of changes in the minimum wage on employment generated much discussion. ... However, the other evidence that Card and Krueger presented using time-series evidence was more robust and suggested
https://www.rba.gov.au/publications/confs/1998/lowe-disc.html