Search: credit card
RBA Glossary definition for credit card
credit card – A credit card is a card whose holder has been granted a revolving credit line. The card enables the holder to make purchases and/or cash advances up to a pre-arranged limit. The credit granted can be settled in full by the end of a specified period or in part, with the balance taken as extended credit. Interest may be charged on the transaction amounts from the date of each transaction or only on the extended credit where the credit granted has not been settled in full.
Search Results
Designation of Visa Debit Card Scheme in Australia
23 Feb 2004
Media Releases
Announcement that the RBA has designated the debit and credit card scheme operated in Australia by Visa International as a payment system under the Payment Systems (Regulation Act 1998)
https://www.rba.gov.au/media-releases/2004/mr-04-01.html
Access Regime Access Regime for the Visa Credit Card ...
17 Dec 2014
Media Release
PDF
96KB
credit card issuing, credit card acquiring or both (within the meaning of Regulation. ... deposit-taking institutions other than specialist credit card institutions as a class in.
https://www.rba.gov.au/media-releases/2014/pdf/mr-14-22-gazette-notice-visa.pdf
Access Regime Access Regime for the MasterCard Credit Card ...
17 Dec 2014
Media Release
PDF
95KB
credit card issuing, credit card acquiring or both (within the meaning of Regulation. ... deposit-taking institutions other than specialist credit card institutions as a class in.
https://www.rba.gov.au/media-releases/2014/pdf/mr-14-22-gazette-notice-mastercard.pdf
Gazette Notice (VISA) - 23 February 2004
23 Feb 2004
Media Release
PDF
27KB
RESERVE BANK OF AUSTRALIA. Payment Systems (Regulation) Act 1998. The designated VISA credit card system. ... iii) the public interest; and. (iv) the financial stability of the designated credit card system.
https://www.rba.gov.au/media-releases/2004/pdf/mr-04-02-gazette-notice-visa.pdf
Payments System Reforms
27 Apr 2006
Media Releases
The Reserve Bank released a package of reforms to the EFTPOS and scheme debits systems. It also revoked the designation of the Bankcard system, which is in the process of winding up, and determined that the Payment Systems (Regulation) Act 1998 does
https://www.rba.gov.au/media-releases/2006/mr-06-02.html
Review of Card Payments Regulation: Conclusions
26 May 2016
Media Releases
The Reserve Bank has released the Conclusions to its Review of Card Payments Regulation and Final Standards relating to Surcharging and to Interchange Fees in designated card schemes.
https://www.rba.gov.au/media-releases/2016/mr-16-15.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
Payments System Reform
10 Dec 2008
Media Releases
Media release announcing the designation of the ATM system, the release of a consultation document setting out a draft Access Regime of that system and the variation of the Interchange Fee Standards for credit and debit cards
https://www.rba.gov.au/media-releases/2008/mr-08-28.html
Discontinued Data
9 Mar 2023
Statistics
This page provides links to data no longer updated by the Reserve Bank of Australia
https://www.rba.gov.au/statistics/discontinued-data.html
Gazette Notice (MasterCard) - 23 February 2004
23 Feb 2004
Media Release
PDF
27KB
RESERVE BANK OF AUSTRALIA. Payment Systems (Regulation) Act 1998. The designated MasterCard credit card system. ... iii) the public interest; and. (iv) the financial stability of the designated credit card system.
https://www.rba.gov.au/media-releases/2004/pdf/mr-04-02-gazette-notice-mastercard.pdf