Search: least-cost routing (LCR)

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RBA Glossary definition for LCR

LCR – Liquidity Coverage Ratio

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The Australian Debit Card Market: Default Settings and Tokenisation

19 Jun 2023 Consultations PDF 397KB
routing of debit transactions through its promotion of least-cost routing (LCR). ... and gateways would be expected to offer and promote the least-cost routing of transactions made.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202306-issues-paper-australian-debit-card-market.pdf

The Australian Debit Card Market: Default Settings and Tokenisation

28 Sep 2023 Consultations PDF 404KB
preferred debit card network through least-cost routing (LCR). The Board expects acquirers,. ... In effect, this would. mandate that merchants be provided with at least a basic form of LCR, where the merchant chooses.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202309-conclusions-paper-australian-debit-card-market.pdf

Executive Summary | The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper

28 Sep 2023 Consultations
The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/conclusions-paper/executive-summary.html

Card Payments

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
Card payments are used least for household bills, with consumers tending to use lower-cost payment methods such as bank transfers and BPAY for these payments. ... Second, the merchant could have least-cost routing (LCR) enabled. This lets merchants
https://www.rba.gov.au/publications/rdp/2023/2023-08/card-payments.html
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The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

21 Nov 2023 RDP PDF 2354KB
choice than at businesses that do surcharge. Card payments are used least for household bills, with. ... are encouraged to use the lowest cost payment instrument. Changes to the Reserve Bank’s.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf

Setting a Default Network on Dual-network Debit Cards | The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions…

28 Sep 2023 Consultations
The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/conclusions-paper/setting-a-default-network-on-dual-network-debit-cards.html

Review of Card Payments Regulation - November 2019 | Consultations

10 Nov 2019 Consultations
Review of Card Payments Regulation
https://www.rba.gov.au/publications/consultations/201911-review-of-card-payments-regulation.html

Consultation on Preliminary Conclusions to the Review of Retail Payments Regulation - May 2021 | Consultations

28 May 2021 Consultations
Consultation on Preliminary Conclusions to the Review of Retail Payments Regulation
https://www.rba.gov.au/publications/consultations/202105-consultation-preliminary-conclusions-review-of-retail-payments-reg.html