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RBA Glossary definition for DNDC

DNDC – Dual-network debit card

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Glossary

9 Jun 2023
A glossary of terms used on the RBA website
https://www.rba.gov.au/glossary/

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

Regulatory Framework

9 Mar 2023
The Bank has also explicitly stated that it expects large and medium-sized card issuers to issue ‘dual-network’ debit cards (DNDCs), which allow domestic debit payments to be processed via ... For more detail on DNDCs and LCR, see Least-cost Routing
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/regulatory-framework.html

Payments System Board Update: February 2022 Meeting

17 Feb 2022 Media Releases
Today’s Payments System Board meeting discussed payments system regulatory reforms, systemically important payment systems, critical infrastructure reforms, banknote distribution arrangements and CBDC developments.
https://www.rba.gov.au/media-releases/2022/mr-22-03.html

Payments System

19 Jul 2023
Overview of the Australian Payments System
https://www.rba.gov.au/payments-and-infrastructure/payments-system.html

Payments System Board Update: August 2022 Meeting

25 Aug 2022 Media Releases
Today’s Payments System Board meeting discussed the Bank’s assessment of the ASX clearing and settlement facilities and oversight of international facilities, least-cost routing, payments reforms including industry standard setting bodies,
https://www.rba.gov.au/media-releases/2022/mr-22-27.html

Issues for the Review | Review of Retail Payments Regulation – Issues Paper

9 Mar 2023
Review of Retail Payments Regulation – Issues Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/issues-for-the-review.html

Executive Summary | Review of Retail Payments Regulation – Conclusions Paper

9 Mar 2023
Review of Retail Payments Regulation – Conclusions Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/conclusions-paper-202110/executive-summary.html

Executive Summary | Review of Retail Payments Regulation – Consultation Paper

9 Mar 2023
Review of Retail Payments Regulation – Consultation Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/consultation-paper-202105/executive-summary.html

3. Dual-network debit cards and least-cost routing | Review of Retail Payments Regulation – Conclusions Paper

9 Mar 2023
Review of Retail Payments Regulation – Conclusions Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/conclusions-paper-202110/dual-network-debit-cards-and-least-cost-routing.html