Search: dual-network card
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
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
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
Payments System Board Update: August 2023 Meeting
17 Aug 2023
Media Releases
Today's Payments System Board meeting discussed the annual Assessment of the ASX clearing and settlement facilities against the Financial Stability Standards, the oversight of international financial market infrastructures, prominent payment systems,
https://www.rba.gov.au/media-releases/2023/mr-23-20.html
Payments System Board Update: May 2019 Meeting
24 May 2019
Media Releases
Least-cost routing of debit card transactions. The Board has been supportive of dual-network debit cards because they provide convenience and choice to both consumers and merchants and can help ... The Board stressed that the benefits to competition from
https://www.rba.gov.au/media-releases/2019/mr-19-13.html