Search: EFTPOS
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.
Search Results
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
Competition and Efficiency
11 Nov 2004
PSB Annual Report
– 2004
It has also considered the relationship between the interchange fees in the credit card and EFTPOS system. ... to EFTPOS cards, despite scheme-based debit cards having higher overhead expenses and higher rates of fraud.
https://www.rba.gov.au/publications/annual-reports/psb/2004/competition.html
Reform of Card Payment Systems
26 Sep 2006
PSB Annual Report
– 2006
Collectively, these arrangements distorted the relative competitive positions of the EFTPOS and scheme debit systems. ... decision that it was in the public interest to designate the EFTPOS system.
https://www.rba.gov.au/publications/annual-reports/psb/2006/reform-card.html
List of tables
20 Sep 2005
PSB Annual Report
– 2005
Debit Cards. Joint Study announced. Joint Study released. EFTPOS industry working group formed. ... EFTPOS authorisation overturned by ACT. Merchants' EFTPOS designation challenge heard. EFTPOS authorisation granted.
https://www.rba.gov.au/publications/annual-reports/psb/2005/tables.html
List of tables
20 Sep 2018
PSB Annual Report
– 2018
a)(b). Excluding GST; cents unless otherwise specified. Category. eftpos Debit and Prepaid. ... June 2017. July 2018. eftpos only (proprietary). 13.6. 13.6. Strategic categories.
https://www.rba.gov.au/publications/annual-reports/psb/2018/tables.html
List of tables
14 Sep 2017
PSB Annual Report
– 2017
Sources: ASX; CLS; RBA. Table 4: Selected Debit and Prepaid Card Interchange Fees: eftpos. ... b) As of July 2017, eftpos has three tiers of strategic merchant rates for each of the proprietary, dual-network and digital categories; prior to this,
https://www.rba.gov.au/publications/annual-reports/psb/2017/tables.html
2.3 Banking and Payment Services
19 Oct 2023
RBA Annual Report
– October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html
5.5 Abbreviations
19 Oct 2023
RBA Annual Report
– 2023
eftpos. electronic funds transfer at point of sale. EAF. Executive Accountability Framework.
https://www.rba.gov.au/publications/annual-reports/rba/2023/abbreviations.html
A Guide to the Card Payments System Reforms
10 Sep 2010
Bulletin
– September 2010
higher-cost payment method (credit cards) instead of a lower cost method (EFTPOS). ... The standards for EFTPOS and Visa debit interchange fees were introduced in 2006.
https://www.rba.gov.au/publications/bulletin/2010/sep/7.html
The Cost of Card Payments for Merchants
15 Sep 2022
Bulletin
– September 2022
The average cost for a merchant to accept a card payment has declined over recent years.
https://www.rba.gov.au/publications/bulletin/2022/sep/the-cost-of-card-payments-for-merchants.html