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RBA Glossary definition for DNDC

DNDC – Dual-network debit card

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AusPayNet Submission

28 Sep 2023 PDF 278KB
The implementation of merchant-choice routing for contactless dual-network debit card (DNDC).
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/auspaynet.pdf

Review of Retail Payments Regulation - Conclusions Paper - October 2021

21 Oct 2021 PDF 1755KB
DNDC issuance would outweigh the public benefit of more DNDCs on issue. ... surcharges, for example). But with the advent of contactless technology, transactions using DNDCs.
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/conclusions-paper-202110/pdf/review-of-retail-payments-regulation-conclusions-paper-202110.pdf

www.nra.net.au | 1800 RETAIL (738 245) Review of Retail ...

8 Jul 2021 PDF 204KB
banks to not issue DNDCs will result in these same lending institutions overwhelmingly offering. ... issuance of DNDCs by all banking institutions to ensure businesses have maximum access to.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/national-retail-association-2021-07-09.pdf

FCA Submission to RBA July 2021

21 Jul 2021 PDF 177KB
For financial institutions there may not be strong incentives for the continued issuance of DNDCs and the provision of LCR (Reserve Bank of Australia, 2019, p.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/fca-2021-07-21.pdf

P 1300 160 270 | communications@acapma.com.au Suite 6, Level ...

12 Jul 2021 PDF 611KB
5.1 Proposal for only the major banks to issue DNDCs (for all relevant payment forms). ... 5.2 Establishment of a lower interchange cap for SNDC transactions than for DNDC, to.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/acapma-2021-07-12.pdf

Review of Retail Payments Regulation - Regulation Impact Statement October 2021

21 Oct 2021 PDF 1535KB
both DNDC networks on different form factors). Likewise acquirers and payment facilitators would. ... issue DNDCs, with the two card schemes to be provisioned in all form factors.
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/pdf/review-of-retail-payments-regulation-impact-statement-oct-2021.pdf

20th July, 2021. Head of Payments Policy Department Reserve ...

4 Aug 2021 PDF 260KB
It is critical that extending the accessibility to Dual Network Debit Cards (DNDCs) that offer merchants ‘choice’ between international schemes and companies such as eftpos.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/aacs-2021-08-05.pdf

Visa Inc.’s Response to The Reserve Bank of Australia’s ...

9 Jul 2021 PDF 650KB
13 This view is based on advice from our clients regarding the implications of delivering new capabilities on DNDCs. ... Visa recommends that consumers continue to have the ability to select between payment processing networks, when using a DNDC to
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/visa-2021-07-09.pdf

18 June 2021 Secretariat - Payments System Review 9 ...

9 Jul 2021 PDF 934KB
Interchange Fees A lower cents-based interchange cap for SNDC transactions than for DNDC transactions. ... least to small businesses with a turnover <$100M. We propose SNDC be limited so that DNDC’s offering does not decline below the current.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/cosboa-2021-07-09.pdf

eftpos Payments Australia Limited ABN 37 136 180 366 ...

9 Jul 2021 PDF 1231KB
very. quickly by: • movement of prop cards to DNDC. This means through this preliminary conclusion, creating:. ... Even if DNDCs are required for all issuers, regulation of LCR is still required.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/eftpos-2021-07-09.pdf