Search: least-cost routing (LCR)
RBA Glossary definition for LCR
LCR – Liquidity Coverage Ratio
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A Strategic Plan for the Payments System
6 Jun 2023
Submissions
PDF
539KB
least-cost routing’ (LCR) initiatives. LCR is functionality that enables merchants to choose which card. ... obsolete infrastructure imposes a cost on the payment system and economy more broadly.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf
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
Competition in the Australian Financial System - March 2018
21 Mar 2018
Submissions
PDF
503KB
Supplementary Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system-2018-03/pdf/supplementary-submission-to-productivity-commission-march-2018.pdf
Supplementary Submission to the Financial System Inquiry August 2014
26 Aug 2014
Submissions
PDF
339KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/pdf/financial-system-inquiry-2014-08.pdf
Submission to Payments System Review
3 Feb 2021
Submissions
PDF
1155KB
growing digitalisation of the economy increasing demands for more convenient, cost-effective, reliable. ... As more payments migrate online, a potential. policy issue that could emerge is how to support the operation of least-cost routing in the online.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf
Competition in the Financial System - September 2017
19 Sep 2017
Submissions
PDF
969KB
Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/pdf/submission-to-productivity-commission-september-2017.pdf
Submission to the Financial System Inquiry March 2014
10 Nov 2017
Submissions
PDF
3041KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/pdf/financial-system-inquiry-2014-03.pdf