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RBA Glossary definition for ATM

ATM – Automated Teller Machine

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Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

8 May 2024 Submissions
The study then applied this general framework to the ATM, credit card and debit card systems in Australia. ... 4. Transaction fees ($). ATM. 0.50. 0.50. 0.60. 0.60. 0.65. Branch.
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

The Australian Securities and Investments Commission's Review of the EFT Code of Conduct – April 2007 | Payments System | Submissions

8 May 2024 Submissions
For a number of years now, the Reserve Bank has encouraged industry-based reform of the ATM system. ... or business restrictions limiting the ability of ATM owners to impose a direct charge.
https://www.rba.gov.au/publications/submissions/payments-system/asic-review-of-eft-code-of-conduct/index.html

Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper

8 May 2024 Submissions
The use of ATMs has been declining since 2008, with the COVID-19 pandemic resulting in a further downward shift in ATM use in the past few years (Graph 3). ... The declining use of ATMs appears to have prompted many banks and other deployers to
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html

Regulatory Developments in Retail Payments

8 Sep 2011 PSB Annual Report – 2011
The taskforce was asked to consider the impact of the reforms on the transparency and level of ATM fees, consumer behaviour, competition in the ATM market and the deployment of ATMs. ... RBA (2009), An Access Regime for the ATM System, February,
https://www.rba.gov.au/publications/annual-reports/psb/2011/regulatory-dev.html

Other Regulatory Responsibilities

11 Sep 2008 PSB Annual Report – 2008
With these fees abolished, ATM owners will be free to charge customers who use their ATMs but must disclose the fee, increasing the overall transparency of pricing. ... an institution accessing another institution's ATMs in this way only has one such
https://www.rba.gov.au/publications/annual-reports/psb/2008/reg-response.html

Banknotes

21 Oct 2021 RBA Annual Report – 2021
The Bank also monitors how accessible cash is for the community as measured by distance to an ATM or bank branch. ... Banks have rationalised their ATM and bank branch networks and have sold some of their ATMs to third parties.
https://www.rba.gov.au/publications/annual-reports/rba/2021/banknotes.html

Regulation of the Payments System

2 Oct 2009 PSB Annual Report – 2009
the greater flexibility in pricing allowed to ATM owners would enable deployment of ATMs in locations where they might not otherwise have been viable and provide a more sustainable business model ... 2009. Average withdrawal amounts have also increased,
https://www.rba.gov.au/publications/annual-reports/psb/2009/reg-payments.html

Competition and Efficiency

25 Sep 2003 PSB Annual Report – 2003
Some of these ATMs are likely to charge a higher fee than banks currently charge on their machines. ... Nevertheless, many ATMs are likely to continue to charge less than the ‘convenience’ ATMs, providing consumers with choice.
https://www.rba.gov.au/publications/annual-reports/psb/2003/competition.html

Applications for Authorisation in Relation to 3D Secure – February 2016 | Payments System | Submissions

8 May 2024 Submissions
Graph 2. While the rates of fraud for eftpos and ATM transactions remain relatively low compared with the rates for international scheme card purchases, counterfeiting activity has not declined by the ... The industry is working to upgrade eftpos cards
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-3d-secure/index.html

Access through Automated Teller Machines (ATMs) | International Comparisons of Bank Branches – An Update – April 1998 | Financial Sector |…

1 Apr 1998 Submissions
International Comparisons of Bank Branches – An Update 4. Access through Automated Teller Machines (ATMs). ... Growth in most other countries was even stronger, pushing Australia's ranking in terms of ATM penetration down from seventh to ninth.
https://www.rba.gov.au/publications/submissions/financial-sector/international-comparisons-of-bank-branches/access-through-atms.html