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RBA Glossary definition for PAN

PAN – Primary account number

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Bulletin

17 Apr 2024 Bulletin - April 2024 PDF 7253KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/bulletin-2024-04.pdf

China's Monetary Policy Framework and Financial Market Transmission

17 Apr 2024 Bulletin - April 2024 PDF 786KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/chinas-monetary-policy-framework-and-financial-market-transmission.pdf

Are Inflationary Shocks Regressive? A Feasible Set Approach

19 Dec 2023 Research Workshop PDF 842KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-del-canto-grigsby-qian-walsh.pdf

The Australian Debit Card Market: Default Settings and Tokenisation

28 Sep 2023 Consultations PDF 404KB
substantial progress in removing PANs. Some stakeholders were concerned about their systems’ deep. ... reliance on PANs and suggested that there could be a staged timeline for the reduction of PAN storage.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202309-conclusions-paper-australian-debit-card-market.pdf

Stripe Response to RBA Consultation on DNDC and Tokenization 2023

28 Sep 2023 PDF 219KB
PANs. PANs play an important role across the payments ecosystem. The ability of merchants tooperate seamlessly without access to PANs will ultimately be contingent on theeffectiveness, cost and competitiveness issues in ... Similarly, PAN helps in
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/stripe.pdf

MRC Submission

28 Sep 2023 PDF 181KB
Ensuring compliance with these standards, and the correct storage of PAN is key to avoiding such data breaches. ... Removing the PAN from merchant records is shown to impact the consumer experience in this regard.
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/mrc.pdf

AusPayNet Submission

28 Sep 2023 PDF 278KB
to determine the current status of all tokens associated with a given PAN. ... have currently implemented scheme tokenisation, still retain PANs for reasons which include ensuring.
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/auspaynet.pdf

RBA Debit Card Default Settings and Tokenisation: Wpay submission

28 Sep 2023 PDF 134KB
This is a future road block for full LCR. Therefore, the PAN will also be needed until true portability of tokens is enabled. ... Until portability is achieved, themerchant/PSP will continue to want to hold the PAN to maintain fall back options.
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/wpay.pdf

Australian Payments Plus - Submission

28 Sep 2023 PDF 284KB
token portability, and to make substantial progress in removing PANs from the ecosystem? ... tokenisation of card payments and removing PANs, as seen in some other jurisdictions?
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/aus-payment-plus.pdf

Visa Submission

28 Sep 2023 PDF 301KB
over-year reduction in fraud rates for digital payments compared to PAN-based. ... primarily due to most ecosystem participants still retaining customers’ PANs… However, PAN.
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/visa.pdf