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RBA Glossary definition for DNDC

DNDC – Dual-network debit card

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Payments System

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

The Australian Debit Card Market: Default Settings and Tokenisation

19 Jun 2023 Consultations PDF 397KB
the ‘first-priority’ network being set to the alternative network on the DNDC. ... LCR for online DNDC transactions, primarily due to most ecosystem participants still retaining.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202306-issues-paper-australian-debit-card-market.pdf

Glossary

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

Undertaking No. 2 of 2023 Undertaking In Relation to ...

9 Jun 2023 PDF 370KB
has indicated an intent to route or has commenced routing DNDC transactions via an Alternative Network. ... has indicated an intent to route or has commenced routing DNDC transactions via a.
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/undertakings/pdf/2023-06-08-tying-conduct-undertaking-from-visa-rba.pdf

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

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

Varied standards and implementation | 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/varied-standards-and-implementation.html