Search: interchange fee
RBA Glossary definition for interchange fee
interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.
Search Results
ATM Fees, Pricing and Consumer Behaviour: An Analysis of ATM Network Reform in Australia
9 Aug 2012
RDP
2012-03
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2012/2012-03.html
See 11 more results from "RDP 2012-03"
Developments in the Retail Payments System
2 Oct 2009
PSB Annual Report
– 2009
Interchange fees in the MasterCard and Visa systems in Australia are regulated by the Reserve Bank. ... Interchange fees in the EFTPOS system are also regulated by the Reserve Bank.
https://www.rba.gov.au/publications/annual-reports/psb/2009/dev-payments.html
Retail Payments Regulation and Policy Issues
21 Oct 2021
PSB Annual Report
– 2021
Even so, the schemes made a number of voluntary changes to their credit interchange fee schedules during the year, primarily to raise fees on some premium card categories. ... This requirement is intended to limit the possibility of schemes using
https://www.rba.gov.au/publications/annual-reports/psb/2021/retail-payments-regulation-and-policy-issues.html
Retail Payments Regulation and Policy Issues
17 Oct 2019
PSB Annual Report
– 2019
Based on current information, these may include the level of the interchange fee benchmarks and caps, the transparency of scheme and processing fees, competition in the debit card market, the competitive ... In 2018/19, Mastercard and Visa were required
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html
Developments in the Payments System
11 Sep 2008
PSB Annual Report
– 2008
Actual interchange fees are negotiated bilaterally between participants. Previous liaison has suggested that the interchange fee for transactions involving a cash-out component has in some cases fallen in line with ... Nonetheless, increased competition
https://www.rba.gov.au/publications/annual-reports/psb/2008/dev-payments.html
Developments in Retail Payments Systems
10 Sep 2012
PSB Annual Report
– 2012
contactless or chip; Table 6). Reflecting this, the number of interchange fee categories, and the variability in the level of fees between categories, has grown steadily in the years since the ... The margin between the average merchant service fee and
https://www.rba.gov.au/publications/annual-reports/psb/2012/dev-ret-pay-sys.html
Competition Between Payment Systems
15 Apr 2009
RDP
PDF
243KB
JEL Classification Numbers: D40, E42, L14Keywords: payments policy, two-sided markets, interchange fees. ... Despite the absence of distinct issuers and acquirers (and consequent lack ofexplicit interchange fees), the model could arguably still be used
https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-02.pdf
Developments in Retail Payment Systems
8 Sep 2011
PSB Annual Report
– 2011
Purchases below $15 without cash-out, charity payments and Medicare Easyclaim: no interchange fee is paid. ... Current bilateral interchange fees on cash-outs are around 20 cents, also paid to the acquirer.
https://www.rba.gov.au/publications/annual-reports/psb/2011/dev-payments.html
Retail Payments Regulation and Policy Issues
20 Sep 2018
PSB Annual Report
– 2018
When the standard relating to credit card interchange fees came into effect in July 2017, both Mastercard and Visa reset their credit card interchange fee schedules to comply with the new ... This requirement is intended to limit the possibility that
https://www.rba.gov.au/publications/annual-reports/psb/2018/retail-payments-regulation-and-policy-issues.html
Retail Payments Policy and Developments
24 Oct 2016
PSB Annual Report
– 2016
The first were efficiency issues related to interchange fees and the transparency of card payments. ... In particular, the review considered: whether interchange fee caps were inefficiently high; the implications of the widening of the range of
https://www.rba.gov.au/publications/annual-reports/psb/2016/retail-payments-policy-and-developments.html