Search: EFTPOS

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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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Changes to Statistical Tables

10 May 2024 Statistics
TOTAL merchant fees for: eftpos debit. MERCHANT SERVICE FEES for: eftpos debit.
https://www.rba.gov.au/statistics/tables/changes-to-tables.html

Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

8 May 2024 Submissions
The price issuers charge cardholders for EFTPOS services is also likely to fall. ... Have EFTPOS interchange fees in Australia been set with regard to economic efficiency?
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Submissions

8 May 2024 Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/

Payments System | Submissions | Payments System | Submissions

8 May 2024 Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/payments-system/

Applications for Authorisation in Relation to 3D Secure – February 2016 | Payments System | Submissions

8 May 2024 Submissions
Graph 2. While the rates of fraud for eftpos and ATM transactions remain relatively low compared with the rates for international scheme card purchases, counterfeiting activity has not declined by the ... The industry is working to upgrade eftpos cards
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-3d-secure/index.html

Applications for Authorisation in Relation to PIN@POS – July 2016 | Payments System | Submissions

8 May 2024 Submissions
In contrast, fraud losses on eftpos and ATM transactions have remained low by comparison. ... The low level of fraud losses in the eftpos system has typically been attributed to mandatory PIN use, along with the fact that the eftpos network cannot be
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-07/index.html

Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
BPAY and eftpos, initiated a process to explore whether some form of cooperation or consolidation might improve efficiency and innovation. ... In December, NPPA, BPAY and eftpos jointly announced a plan to amalgamate under a new company with a single
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Applications for Authorisation in Relation to PIN@POS – Auguest 2013 | Payments System | Submissions

8 May 2024 Submissions
Dual-network cards allow cardholders to process transactions through the eftpos system by pressing ‘CHQ’ or ‘SAV’ (cheque or savings) account buttons on a point-of-sale terminal, or alternatively through ... a PIN-initiated eftpos transaction) on
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-08/index.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments

8 May 2024 Submissions
eftpos) system were around 41 cents for that same transaction, but the cardholder faced a positive price of up to 60 cents. ... The effect of these relative prices was that it was likely that consumers were using credit cards more frequently, and eftpos
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-as-payment-instruments.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Introduction

8 May 2024 Submissions
The vast majority of Australians have access to a wide network of fee-free ATMs and around 80 per cent of cash withdrawals (including eftpos cash-outs) do not attract a
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/introduction.html