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RBA Glossary definition for DNDC

DNDC – Dual-network debit card

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The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

21 Nov 2023 RDP PDF 2354KB
The Evolution of Consumer Payments in Australia: Results from the. 2022 Consumer Payments Survey. Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson. Research Discussion Paper. R DP 2023- 08. Figures in this publication were
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf

Payments System Board Annual Report 2023

11 Oct 2023 PSB Annual Report - 2023 PDF 2459KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/psb-annual-report-2023.pdf

Payments System Regulation and Policy Issues

11 Oct 2023 PSB Annual Report - 2023 PDF 347KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/payments-system-regulation-and-policy-issues.pdf

Abbreviations

8 Oct 2023 PSB Annual Report - 2023 PDF 65KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/abbreviations.pdf

About the Payments System Board

8 Oct 2023 PSB Annual Report - 2023 PDF 829KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/about-the-payments-system-board.pdf

Stripe Response to RBA Consultation on DNDC and Tokenization 2023

28 Sep 2023 PDF 219KB
Stripe’s Response on the Tokenization of DNDCs. Stripe strongly supports the RBA’s commitment to developing payments policy optionswhich will further enhance the competitiveness, efficiency and safety of Australia’s ... As the RBA hasnoted in the
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/stripe.pdf

The Australian Debit Card Market: Default Settings and Tokenisation

28 Sep 2023 Consultations PDF 404KB
network on DNDCs. Stakeholders’ feedback indicated that any benefits from such a prohibition. ... network would be costly as it would require all DNDCs to be reissued.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202309-conclusions-paper-australian-debit-card-market.pdf

NAB Submission

28 Sep 2023 PDF 778KB
goal of mitigating the existing routing preferences set on DNDC’s. Removing default application priority on cards is also likely divergent from Global EMVCo. ... routing of DNDCs to eftpos, especially in cases where the preference is set by the payment
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/nab.pdf

ABA submission

28 Sep 2023 PDF 303KB
ABA is responding to the proposal to ban the setting of a default network on dual-network debit cards (DNDC). ... By comparison, ABA understands the proposal to remove default priority on DNDCs would apply to payments made using a physical dual-network
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/aba.pdf

Visa Submission

28 Sep 2023 PDF 301KB
7. Tokenisation of DNDCs. 15. About Visa. 21. 3. Group Country Manager Letter. ... network tokenisation of DNDCs to be a factor inhibiting LCR for online DNDC transactions,.
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/visa.pdf