Search: LCR
RBA Glossary definition for LCR
LCR – Liquidity Coverage Ratio
Search Results
Bulletin June Quarter 2023
29 Sep 2023
Bulletin
- June 2023
PDF
7089KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/bulletin-2023-06.pdf
Bulletin
28 Sep 2023
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/
The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
28 Sep 2023
Media Releases
The Reserve Bank of Australia has released a Conclusions Paper setting out the conclusions of its recent public consultation on options for further enhancing the competitiveness, efficiency and safety of Australia’s debit card market.
https://www.rba.gov.au/media-releases/2023/mr-23-24.html
Visa Submission
28 Sep 2023
PDF
301KB
today, we strongly encourage RBA not to require acquirers to enable LCR – unless. ... acquirers having made LCR 100 percent available to merchants and an additional acquirer.
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/visa.pdf
The Australian Debit Card Market: Default Settings and Tokenisation
28 Sep 2023
Consultations
PDF
404KB
preferred debit card network through least-cost routing (LCR). The Board expects acquirers,. ... of debit transactions through its promotion of LCR. LCR functionality allows merchants (or their.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202309-conclusions-paper-australian-debit-card-market.pdf
RBA Debit Card Default Settings and Tokenisation: Wpay submission
28 Sep 2023
PDF
134KB
We support Least Cost Routing (LCR) on the basis that it drives competition in the cardpayments market and provides options for merchants. ... Scheme Token Portability is required if LCR is to provide maximum benefit to merchants.
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/wpay.pdf
ABA submission
28 Sep 2023
PDF
303KB
Over the same period, existing or enhanced LCR initiatives can increase take up of LCR from current levels in a more cost effective way. ... It will not change other factors like complexity that may be inhibiting take up of some forms of LCR to date.
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/aba.pdf
Australian Payments Plus - Submission
28 Sep 2023
PDF
284KB
Australian debit card market. AP+ anticipates that LCR for mobile wallet transactions will also. ... merchant payment costs. We have seen through the progressive implementation of LCR functionality for.
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/aus-payment-plus.pdf
NAB Submission
28 Sep 2023
PDF
778KB
network routing preferences by payment service providers in Australia via LCR/MCR implementations means that it is unnecessary to seek to change the priorities set on card EMV chips. ... their merchant customers (such as by moving them to an LCR plan)?
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/nab.pdf
Australian Small Business and Family Enterprise Ombudsman Submission
28 Sep 2023
PDF
180KB
government policies enforce merchant choice of routing or LCR for all payment-form factors so that small business merchants pay the least-cost merchant fees. ... Bank expects that LCR should be made available for mobile wallet transactions, in addition
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/australian-small-business-and-family-enterprise-ombudsman.pdf