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41–50 of 991 search results for 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.

Reform of Card Payment Systems in Australia

9 Sep 2004 Media Releases

Announces that the RBA has designated the EFTPOS debit card payment system in Australia as a payment system under the Payment Systems (Regulation) Act 1998. Designation is the first step in the possible establishment of standards and/or an access

https://www.rba.gov.au/media-releases/2004/mr-04-08.html

Consultation on Changes to the Bank's Standards for Card Payment Systems

3 Dec 2015 Media Releases

Consultation on Changes to the Bank's Standards for Card Payment Systems

https://www.rba.gov.au/media-releases/2015/mr-15-24.html

Reform of Card Payment Systems

11 Jun 2004 Media Releases

To promote efficiency and competition in the Australian Payments System, the RBA announces that it is considering whether it would be in the public interest to designate the EFTPOS and ATM payment systems in Australia. The RBA is seeking submissions

https://www.rba.gov.au/media-releases/2004/mr-04-06.html

Exclusion of Scheme Debit Transactions from Table C2: Explanatory Note

9 Mar 2023 Statistics

This is despite the fact that, as a debit product, scheme debit transactions were not subject to the credit card scheme reforms. ... These trends have diverged over recent years, with debit card payments – particularly scheme debit – continuing to

https://www.rba.gov.au/statistics/tables/exp-note/c2-note-120510.html

Payments System Board Decisions

22 Aug 2005 Media Releases

The Reserve Bank has imposed an Access Regime on the Visa Debit system, in order to ensure that Specialist Credit Card Institutions (SCCIs) are eligible to join the Visa system to provide services to merchants accepting both Visa credit and debit

https://www.rba.gov.au/media-releases/2005/mr-05-10.html