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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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Card Payments

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
In the 2022 CPS the Reserve Bank included some new questions to gauge consumer awareness of dual network debit cards (DNDCs). ... DNDCs, also called ‘co-badged’ or ‘multi-networkcards, have access to two debit payment networks on the one card.
https://www.rba.gov.au/publications/rdp/2023/2023-08/card-payments.html
See 11 more results from "RDP 2023-08"

The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

21 Nov 2023 RDP PDF 2354KB
Keywords: consumer payment choice, consumer survey, dual network debit cards, method of payment, payment systems. ... 5.4 Surcharging of card transactions 27. 5.5 Dual network debit cards 29.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf

Regulatory Developments in Retail Payments

2 Oct 2013 PSB Annual Report – 2013
The outcome will safeguard the rights of Australian card-issuing banks and institutions to maintain existing dual-network arrangements in the contactless environment. ... present. The Board has asked the Bank to maintain liaison with the industry on
https://www.rba.gov.au/publications/annual-reports/psb/2013/reg-dev-ret-pay.html

Payments System Regulation and Policy Issues

27 Sep 2023 PSB Annual Report – September 2023
Payments System Regulation and Policy Issues | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/payments-system-regulation-and-policy-issues.html

List of tables

14 Sep 2017 PSB Annual Report – 2017
13.6. Dual-network debit. –. 4.5. Strategic merchant. (b). 0.0 to 4.5. –. ... b) As of July 2017, eftpos has three tiers of strategic merchant rates for each of the proprietary, dual-network and digital categories; prior to this, strategic rates were
https://www.rba.gov.au/publications/annual-reports/psb/2017/tables.html

Retail Payments Regulation and Policy Issues

17 Oct 2019 PSB Annual Report – 2019
Dual-network debit cards have access to two networks – the domestic eftpos scheme and one of the two international schemes, Debit Mastercard and Visa Debit. ... The Board also stressed that the benefits to competition from LCR should not be prevented
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html

Retail Payments Regulation and Policy Issues

14 Sep 2017 PSB Annual Report – 2017
A public consultation was held in response to concerns about possible restrictions on the ability of card issuers and mobile wallet providers to enable both networks on dual-network debit cards ... In 2013, the Bank had received voluntary undertakings by
https://www.rba.gov.au/publications/annual-reports/psb/2017/retail-payments-regulation-and-policy-issues.html

List of tables

20 Sep 2018 PSB Annual Report – 2018
Number. Value. $. Number. Value. Number. Value. Cards. 73.5. 5.4. 68. ... 0.0 to 3.6. 1.8 to 9.1. Dual network. 4.5. 4.5. Strategic categories.
https://www.rba.gov.au/publications/annual-reports/psb/2018/tables.html

Non-technical summary for 'The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey'

20 Nov 2023 RDP PDF 283KB
RDP 2023-08 non-technical summary
https://www.rba.gov.au/publications/rdp/2023/2023-08/rdp-2023-08-non-technical-summary.pdf

The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

22 Nov 2023 RDP PDF 143KB
RDP 2023-08 supplementary information
https://www.rba.gov.au/publications/rdp/2023/2023-08/rdp-2023-08-read-me.pdf