Search: HAC Rule

Sort by: Date Relevance
1–5 of 5 search results for HAC Rule
Did you mean accrue?

RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

Search Results

19 February 2020 Tony Richards Head of Payments Policy ...

19 Feb 2020 DOCX 95KB
Consistency in regulation and enforcement: New entrants should abide by the same rules as existing participants. ... Q16: Is there a case for policymakers to require that BNPL providers remove any no-surcharge rules, consistent with earlier actions in
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/cuscal.DOCX

Submission for the Review of Retail Payments Regulation

11 Feb 2020 DOCX 33KB
There should be rules whereby consumers are not penalised if a merchant chooses to route a transaction via one scheme over another. ... There were no other payment options. Apart from everything else, there should be a rule that merchants must absorb the
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/liron-lightwood.DOCX

Summary

11 Feb 2020 DOCX 175KB
The use of these cards remains modest and the Issues Paper does not suggest that foreign-issued cards have been used to circumvent RBA rules. ... This avoids the risk of an overly conservative interpretation of rules that may ultimately limit investment,
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/anz.DOCX

29th January 2020 Head of Payments Policy Department Reserve ...

11 Feb 2020 DOCX 103KB
Additionally, we believe there should be a prohibition on scheme rules which require participant to prioritise one scheme over another. ... The AACS urges the RBA and ACCC to revisit surcharging rules to ensure they do not lead to ‘bundled’ pricing
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/australasian-association-of-convenience-stores.DOCX

A non-profit, volunteer organisation, advocating to advance the interests ...

11 Feb 2020 DOC 93KB
Surcharging. Q16: Is there a case for policymakers to require that BNPL providers remove any no-surcharge rules, consistent with earlier actions in regard to card systems that applied such rules?
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/queensland-consumers-association.DOC