Search: acquirer
RBA Glossary definition for acquirer
acquirer – An institution that provides a merchant with facilities to accept card payments
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Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions
8 May 2024
Submissions
First, they argue that competition in the issuer/acquirer market will be reduced because an administratively set interchange fee will eliminate the possibility of bilateral bargaining between issuers and acquirers to ... flow from acquirer to issuer, is
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html
Consultation | A Variation to the Surcharging Standards: A Consultation Document December 2011 | Consultations
10 Dec 2011
Consultations
Some also argued that disclosure of individual merchant service fees would make acquirers reluctant to negotiate fees with merchants. ... The Bank will engage with acquirers to determine the most appropriate approach to doing so.
https://www.rba.gov.au/publications/consultations/201112-variation-surcharging-standards/consultation.html
Appendix A: Additional Detailed Results
31 Dec 2014
RDP
2014-14
Interchange fees (issuers to acquirers). 0.49. 0.04. Memo item: average withdrawal value. ... Card acquirer. 0.11. 0.10. Merchants. na. 0.30. Of which: tender time.
https://www.rba.gov.au/publications/rdp/2014/2014-14/appendix-a.html
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The Evolution of Payment Costs in Australia
11 Apr 2019
RDP
PDF
1298KB
Similarly, some merchants were unable to distinguish between the costs of different types of card payments in the information provided to them by their acquirers.
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-14.pdf
Applications for Authorisation in Relation to PIN@POS – Auguest 2013 | Payments System | Submissions
8 May 2024
Submissions
Card acquirers and merchants would incur costs in updating terminal software, and in some cases hardware. ... As noted above, PIN@POS implementation involves material costs on the part of issuers, acquirers, merchants and cardholders.
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-08/index.html
Applications for Authorisation in Relation to 3D Secure – February 2016 | Payments System | Submissions
8 May 2024
Submissions
A coordinated approach will make the adjustment process less burdensome for merchants, acquirers and gateways compared with a situation where they adopt/promote 3D Secure independently.
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-3d-secure/index.html
A History of Australian Equities
1 Jun 2019
RDP
2019-04
Note: (a) As at June 2019; if the company has been acquired or merged, this is the name/rank of the acquirer or new entity; see ‘Notes’.
https://www.rba.gov.au/publications/rdp/2019/2019-04/full.html
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Submission to Payments System Review – January 2021 | Responses and Options Paper
8 May 2024
Submissions
New technology (terminals and chip-based cards) rolled out by card issuers and acquirers to enable contactless tap-and-go card payments.
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html
Conclusions
17 Apr 2009
RDP
2009-03
For example, our ECR model does not incorporate ‘business stealing’ considerations, nor does it allow for separate issuers and acquirers (being a model of competing three-party rather than four-party
https://www.rba.gov.au/publications/rdp/2009/2009-03/conclusions.html
Methodology
1 Nov 1999
RDP
1999-09
An alternative approach which the guarantor could follow is to locate a purchaser for the failed bank; the acquirer would receive all assets of the bank – both tangible and intangible – and
https://www.rba.gov.au/publications/rdp/1999/1999-09/methodology.html