Search: debit card
RBA Glossary definition for debit card
debit card – A debit card is a card that enables the holder to access funds in a deposit account at an authorised deposit-taking institution.
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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
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
Interchange Fees for the MasterCard and Visa Schemes
29 Sep 2006
Media Releases
Announcement of calculation of Interchange Fee Benchmarks for the MasterCard and Visa Schemes
https://www.rba.gov.au/media-releases/2006/mr-06-08.html
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
Payments System Board Consultation on Card Surcharging
8 Jun 2011
Media Releases
At its meeting on 20 May, the Payments System Board decided to hold a public consultation on potential modifications to the ‘no-surcharge’ Standards that apply to the credit card and scheme debit card systems in Australia
https://www.rba.gov.au/media-releases/2011/mr-11-10.html
Exclusion of Scheme Debit Transactions from Table C2: Explanatory Note
9 Mar 2023
Statistics
In March 2008, the RPS collection was expanded to separately identify transactions on scheme debit cards. ... These trends have diverged over recent years, with debit card payments – particularly scheme debit – continuing to grow strongly, while the
https://www.rba.gov.au/statistics/tables/exp-note/c2-note-120510.html
Payment Systems (Regulation) Act 1998, The designated VISA Debit system - July 2005
20 Jul 2005
Media Release
PDF
95KB
Reform of Visa Debit Card Scheme in Australia
https://www.rba.gov.au/media-releases/2005/pdf/mr-05-08-gazette-notice-access-regime.pdf
Joint Media Release: Debit and Credit Card Schemes in Australia: A Study of Interchange Fees and Access
10 Oct 2000
Media Release
aspect of the Australian payments system – the networks for ATMs, credit cards and debit cards. ... Financial institutions agree and pay interchange fees to one another when their customers make credit and debit card transactions or use another
https://www.rba.gov.au/media-releases/2000/jmr-rba-accc.html
Changes to Statistical Tables
10 May 2024
Statistics
This revision improves the comparability of the average merchant fees data across debit card schemes. ... This includes average fees by card scheme, separate estimates for transactions using domestic and international cards, and for
https://www.rba.gov.au/statistics/tables/changes-to-tables.html
Study of Interchange Fees and access in Debit and Credit Card Schemes Australian Competition and Consumer Commission and the Reserve Bank…
16 Sep 1999
Media Releases
Joint study into interchange fees for debit and credit cards, and membership criteria for credit cards
https://www.rba.gov.au/media-releases/1999/mr-99-accc.html