Search: LCR
RBA Glossary definition for LCR
LCR – Liquidity Coverage Ratio
Search Results
Payments System Regulation and Policy Issues
11 Oct 2023
PSB Annual Report
- 2023
PDF
347KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/payments-system-regulation-and-policy-issues.pdf
Abbreviations
8 Oct 2023
PSB Annual Report
- 2023
PDF
65KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/abbreviations.pdf
About the Payments System Board
8 Oct 2023
PSB Annual Report
- 2023
PDF
829KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/about-the-payments-system-board.pdf
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
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
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
Executive Summary | The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
28 Sep 2023
Consultations
The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/conclusions-paper/executive-summary.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
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