Search: least-cost routing (LCR)
RBA Glossary definition for LCR
LCR – Liquidity Coverage Ratio
Search Results
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
See 1 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
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