Search: EFTPOS

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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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Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

8 May 2024 Submissions
The price issuers charge cardholders for EFTPOS services is also likely to fall. ... Have EFTPOS interchange fees in Australia been set with regard to economic efficiency?
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Submissions

8 May 2024 Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/

Payments System | Submissions | Payments System | Submissions

8 May 2024 Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/payments-system/

Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees – 21 March 2003 | Payments System | Submissions

21 Mar 2003 Submissions
The Joint Study identified a number of shortcomings with the bilateral structure of EFTPOS interchange fees in Australia:. ... If EFTPOS interchange fee revenues are eliminated, investment decisions by merchants would be determined by normal market
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/

Appendix A: Survey Methodology

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
e.g. eftpos, Mastercard, Visa, Unionpay). Please do not check your ATM/debit cards when answering this question. ... On the back of the card: eftpos [logo shown]. Yes. No GO TO Q8.1.
https://www.rba.gov.au/publications/rdp/2023/2023-08/appendix-a.html
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Applications for Authorisation in Relation to 3D Secure – February 2016 | Payments System | Submissions

8 May 2024 Submissions
Graph 2. While the rates of fraud for eftpos and ATM transactions remain relatively low compared with the rates for international scheme card purchases, counterfeiting activity has not declined by the ... The industry is working to upgrade eftpos cards
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-3d-secure/index.html

The Evolution of Payment Costs in Australia

3 Dec 2014 RDP 2014-14
Chris Stewart, Iris Chan, Crystal Ossolinski, David Halperin and Paul Ryan
At the point of sale, payments using cash, eftpos and contactless MasterCard & Visa debit cards have broadly similar costs for transactions under about $20; above $20, eftpos is the lowest-cost
https://www.rba.gov.au/publications/rdp/2014/2014-14.html
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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

Electronic Funds Transfer at Point of Sale (EFTPOS) Terminals | International Comparisons of Bank Branches – An Update – April 1998 |…

1 Apr 1998 Submissions
International Comparisons of Bank Branches – An Update 5. Electronic Funds Transfer at Point of Sale (EFTPOS) Terminals. ... This left Australia in the middle of the group in terms of EFTPOS penetration, after being third in the late 1980s.
https://www.rba.gov.au/publications/submissions/financial-sector/international-comparisons-of-bank-branches/eftpos-terminals.html

Applications for Authorisation in Relation to PIN@POS – Auguest 2013 | Payments System | Submissions

8 May 2024 Submissions
Dual-network cards allow cardholders to process transactions through the eftpos system by pressing ‘CHQ’ or ‘SAV’ (cheque or savings) account buttons on a point-of-sale terminal, or alternatively through ... a PIN-initiated eftpos transaction) on
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-08/index.html