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RBA Glossary definition for dual-network card

dual-network card – A payment card that can be used to initiate transactions, typically from the same deposit account, for two different payment processing networks. For example, a debit card (sometimes also known as an ATM card) that can be used to make a payment via either the eftpos network or one of the international scheme networks. These cards usually have an international scheme logo (Mastercard or Visa) on one side and the eftpos logo on the other.

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Dual-Network Cards and Mobile Wallet Technology: Consultation Paper

7 Dec 2016 Media Releases
The Reserve Bank has issued a consultation paper: Dual-Network Cards and Mobile Wallet Technology.
https://www.rba.gov.au/media-releases/2016/mr-16-31.html

Dual-network Debit Cards

21 Aug 2013 Media Releases
At its meeting on 16 August, the Payments System Board welcomed the outcome of discussions that Bank staff have had involving the three debit card networks (eftpos, MasterCard and Visa) over dual-network debit cards
https://www.rba.gov.au/media-releases/2013/mr-13-16.html

Card Payments

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
In the 2022 CPS the Reserve Bank included some new questions to gauge consumer awareness of dual network debit cards (DNDCs). ... DNDCs, also called ‘co-badged’ or ‘multi-networkcards, have access to two debit payment networks on the one card.
https://www.rba.gov.au/publications/rdp/2023/2023-08/card-payments.html
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The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper

28 Sep 2023 Media Releases
The Reserve Bank of Australia has released a Conclusions Paper setting out the conclusions of its recent public consultation on options for further enhancing the competitiveness, efficiency and safety of Australia’s debit card market.
https://www.rba.gov.au/media-releases/2023/mr-23-24.html

The Australian Debit Card Market: Default Settings and Tokenisation – Issues Paper

16 Jun 2023 Media Releases
The Bank has released an Issues Paper outlining some options for further enhancing the competitiveness, efficiency and safety of Australia’s debit card market.
https://www.rba.gov.au/media-releases/2023/mr-23-14.html

Expectations for Tokenisation of Payment Cards and Storage of PANs

21 Dec 2023 Media Releases
The Bank has released a final set of expectations for the Tokenisation of Payment Cards and Storage of PANs, aimed at improving security, efficiency and competition for online card payments.
https://www.rba.gov.au/media-releases/2023/mr-23-37.html

Review of Retail Payments Regulation: Conclusions

22 Oct 2021 Media Releases
The Payments System Board’s Review of Retail Payments Regulation has concluded with the release of a Conclusions Paper. The Payments System Board has also announced an exemption from aspects of the Access Regime for the ATM System.
https://www.rba.gov.au/media-releases/2021/mr-21-23.html

The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

21 Nov 2023 RDP PDF 2354KB
Keywords: consumer payment choice, consumer survey, dual network debit cards, method of payment, payment systems. ... 5.4 Surcharging of card transactions 27. 5.5 Dual network debit cards 29.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf

Payments System Board Update: May 2023 Meeting

25 May 2023 Media Releases
Today’s Payments System Board meeting discussed the Bank’s targeted self-assessment of Australia's real-time gross settlement system against the relevant international standards, the pricing of New Payments Platform services, competition in the
https://www.rba.gov.au/media-releases/2023/mr-23-11.html

Payments System Board Update: May 2017 Meeting

19 May 2017 Media Releases
At its meeting today, the Payments System Board discussed the Bank's recent consultation on dual-network cards and mobile wallet technology and issues relating to customer access to and sharing of banking and payments data.
https://www.rba.gov.au/media-releases/2017/mr-17-10.html