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RBA Glossary definition for EFTPOS

EFTPOS – electronic funds transfer at point of sale. The eftpos system is a domestic debit card system managed by eftpos Payments Australia Limited.

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Financial Services

18 Sep 2023
Banking Services; Registry Services; Commonwealth Government Securities Tender Information; Commonwealth Bond Facility for Small Investors
https://www.rba.gov.au/fin-services/

Payments System Board – Novemember 2005

25 Nov 2005 Media Releases
Following a meeting of the Payment System Board on 22 November 2005, the Bank is gazetting a revised Standard to apply to the setting of interchange fees in the designated Bankcard, MasterCard and Visa credit card schemes in Australia. The new
https://www.rba.gov.au/media-releases/2005/mr-05-13.html

Appendix A: Survey Methodology

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
e.g. eftpos, Mastercard, Visa, Unionpay). Please do not check your ATM/debit cards when answering this question. ... On the back of the card: eftpos [logo shown]. Yes. No GO TO Q8.1.
https://www.rba.gov.au/publications/rdp/2023/2023-08/appendix-a.html
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Debit Cards

20 Sep 2005 PSB Annual Report – 2005
The process of improving price signals in the EFTPOS and Visa Debit systems has been protracted. ... arrangements mean that issuers have an incentive to issue and promote Visa Debit over EFTPOS.
https://www.rba.gov.au/publications/annual-reports/psb/2005/debit-cards.html

Payments System Issues

27 Nov 2009 Media Releases
At its meeting on 23 November 2009, the Payments System Board decided to amend the EFTPOS interchange fee Standard to make the regulation of EFTPOS interchange fees more consistent with that for scheme debit interchange fees
https://www.rba.gov.au/media-releases/2009/mr-09-27.html

The designated EFTPOS system

26 Apr 2006 Media Release PDF 658KB
Payment Systems (Regulation) Act 1998
https://www.rba.gov.au/media-releases/2006/pdf/mr-06-02-eftpos-interchange.pdf

Access Regime for the EFTPOS System - April 2006

26 Apr 2006 Media Release PDF 42KB
Reform of the EFTPOS and Visa Debit Systems in Australia
https://www.rba.gov.au/media-releases/2006/pdf/eftpos-access-regime.pdf

Attachment 2 | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations

8 Jun 2012 Consultations
EFTPOS Interchange Activity’ has the same meaning as in the EFTPOS Scheme Rules;. ... EFTPOS Scheme Rules’ are the rules promulgated under the constitution of the Company;.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/attachment-2.html

Designation of the EFTPOS System | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | …

8 Jun 2012 Consultations
the EFTPOS system would be defined to extend beyond the bounds of EPAL. ... The new designation in relation to the EFTPOS system is set out in Attachment 1.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/designation-efpos-system.html

Proposed Changes to the EFTPOS Interchange Standard | A Revised Interchange Standard for the EFTPOS System – November 2009

9 Mar 2023
The draft Standard largely replicated the effect of the Visa Debit interchange Standard for the EFTPOS system. ... Finally, the draft Standard imposed two obligations in relation to transparency of EFTPOS interchange fees.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/rev-inter-stand-eftpos/proposed-changes.html