Search: least-cost routing (LCR)
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
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