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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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Reviewing the Designation of the eftpos System | Review of Card Surcharging: A Consultation Document June 2011 | Consultations

9 Mar 2012 Consultations
Review of the Regulatory Framework for the eftpos System: Consultation on Designation – March 2012 3. ... Hence, the eftpos designation no longer clearly or accurately defines the eftpos system.
https://www.rba.gov.au/publications/consultations/201203-replacing-eftpos-designation/efpos-system.html

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

About RITS

20 Mar 2023
A general overview and information papers concerning RITS and its structure
https://www.rba.gov.au/payments-and-infrastructure/rits/about.html

Reasons for the Decision to Designate the EFTPOS Payment System

9 Mar 2023
This statement provides the reasons for the decision of the Payments System Board to designate the Electronic Funds Transfer at Point Of Sale (EFTPOS) debit card payment system as a payment system under Section 11 of the Payment Systems (Regulation)
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/eftpos-decision.html

Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees – 21 March 2003 | Payments System | Submissions

21 Mar 2003 Submissions
The Joint Study identified a number of shortcomings with the bilateral structure of EFTPOS interchange fees in Australia:. ... If EFTPOS interchange fee revenues are eliminated, investment decisions by merchants would be determined by normal market
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/

Attachment 3 | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations

8 Jun 2012 Consultations
EFTPOS Scheme Rules’ are the rules promulgated under the constitution of the Company;. ... EFTPOS Issuer. issuer. and an. EFTPOS Acquirer. acquirer. or. self-acquirer. Self Acquirer. ,
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/attachment-3.html

Reform of Debit Card Systems in Australia

7 Jul 2006 Media Releases
The Reserve Bank introduces reforms for scheme debit systems
https://www.rba.gov.au/media-releases/2006/mr-06-04.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

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

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