Search: COIN

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RBA Glossary definition for COIN

COIN – Community of Interest Network

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Resource Costs of Payments

31 Dec 2014 RDP 2014-14
Chris Stewart, Iris Chan, Crystal Ossolinski, David Halperin and Paul Ryan
The cost of cash and coin production for the public sector is estimated to be less than $0.01 per transaction. ... For example, the Community of Interest Network (COIN) has worked to reduce the number of physical network connections in the direct entry,
https://www.rba.gov.au/publications/rdp/2014/2014-14/resource-costs-payments.html

Influence of Payment Size

31 Dec 2014 RDP 2014-14
Chris Stewart, Iris Chan, Crystal Ossolinski, David Halperin and Paul Ryan
Higher value cash transactions, for example, generally require a greater quantity of notes and coins to be exchanged; accordingly, the cost of handling and safeguarding cash is likely to be higher
https://www.rba.gov.au/publications/rdp/2014/2014-14/influence-payment-size.html