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RBA Glossary definition for HAC Rule
HAC Rule – Honour All Cards Rule
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Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments
8 May 2024
Submissions
required merchants to take all cards associated with a particular scheme's brand – ‘honour-all-cards’ rules. ... In the Bankcard, MasterCard and Visa systems, participation was restricted to authorised deposit-taking institutions (ADIs), and rules
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
Monetary Policy Decision
7 May 2024
Speech
Media Conference 7 May 2024 – Monetary Policy Decision, Sydney
https://www.rba.gov.au/speeches/2024/mc-gov-2024-05-07.html
Reserve Bank of Australia Annual Report 2023
1 May 2024
RBA Annual Report
- 2023
PDF
9575KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/rba-annual-report-2023.pdf
Report Highlights Benefits and Challenges of Interlinking Fast Payment Systems for Cross-border Payments
23 Apr 2024
Media Releases
The Reserve Bank of Australia (RBA) today released a report analysing the benefits, design choices and challenges associated with linking fast payment systems across countries.
https://www.rba.gov.au/media-releases/2024/mr-24-07.html
Interlinking Fast Payment Systems for Cross-border Payments
23 Apr 2024
PDF
2747KB
Interlinking arrangements involve standardised message and data requirements and a common set of rules to enable interoperability between multiple fast payment systems. ... Many of the key frictions arise from differences in technical standards,
https://www.rba.gov.au/payments-and-infrastructure/pdf/report-interlinking-fast-payment-systems-for-cross-border-payments-april-2024.pdf
Freedom of Information Disclosure Log
19 Apr 2024
Listing of documents which have been released by the Reserve Bank of Australia following a request under the Freedom of Information Act 1982
https://www.rba.gov.au/information/foi/disclosure-log/
RBAFOI-232441 - documents for release
18 Apr 2024
PDF
1458KB
three historical documents
https://www.rba.gov.au/information/foi/disclosure-log/pdf/232441.pdf
The Effect of Least-cost Routing on Merchant Payment Costs
18 Apr 2024
Bulletin
– April 2024
The RBA supports all merchants being able to choose the card network used to process debit transactions – a functionality known as least-cost routing (LCR) – with the aim of increasing competition and reducing the cost of accepting card payments.
https://www.rba.gov.au/publications/bulletin/2024/apr/the-effect-of-least-cost-routing-on-merchant-payment-costs.html
Bulletin
17 Apr 2024
Bulletin
- April 2024
PDF
7253KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/bulletin-2024-04.pdf
The Effect of Least-cost Routing on Merchant Payment Costs
17 Apr 2024
Bulletin
- April 2024
PDF
746KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/the-effect-of-least-cost-routing-on-merchant-payment-costs.pdf