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RBA Glossary definition for PIN
PIN – Personal Identification Number
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Payments System | Submissions | Payments System | Submissions
9 Mar 2023
Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/payments-system/
Reasons for the Decision to Designate the EFTPOS Payment System
9 Mar 2023
This statement provides the reasons for the decision of the Payments System Board to designate the Electronic Funds Transfer at Point Of Sale (EFTPOS) debit card payment system as a payment system under Section 11 of the Payment Systems (Regulation)
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/eftpos-decision.html
Background | Reform of the EFTPOS and Visa Debit Systems in Australia: Final Reforms and Regulation Impact Statement
9 Mar 2023
In the EFTPOS system, a cardholder undertakes a transaction at a merchant by swiping a card and then keying in a personal identification number (PIN). ... The EFTPOS system is not able to be used in situations in which a PIN cannot be entered into a
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/impact-stmt-apr06/background.html
Interchange Fees | Reform of the EFTPOS and Visa Debit Systems in Australia: A Consultation Document – February 2005
9 Mar 2023
EFTPOS transactions, on the other hand, have low fraud costs due to the EFTPOS system being PIN based. ... cent as issuing banks were persuaded to issue scheme-based cards rather than PIN debit cards.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-doc-feb05/interchg-fees.html
Background to Reforms | Reform of the EFTPOS and Visa Debit Systems in Australia: A Consultation Document – February 2005
9 Mar 2023
The details of the transaction and PIN are forwarded to the cardholder's financial institution for authorisation. ... the expense of PIN-based debit cards because they offered a very similar service at a lower price to the cardholder.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-doc-feb05/background.html
Glossary of Acronyms | Reform of the EFTPOS and Visa Debit Systems in Australia: A Consultation Document – February 2005
9 Mar 2023
PIN. Personal Identification Number.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-doc-feb05/glossary.html
Background | A Revised Interchange Standard for the EFTPOS System – November 2009
9 Mar 2023
The EFTPOS system allows cardholders to swipe their card through a terminal at the point of sale and verify the transaction using a personal identification number (PIN). ... Scheme debit systems can be used to make payments at point-of-sale terminals,
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/rev-inter-stand-eftpos/background.html
Submissions on the Bank's Proposed Standards and Access Regime | Reform of the EFTPOS and Visa Debit Systems in Australia: Final Reforms…
9 Mar 2023
In particular, some argued that the definition of eligible costs in the EFTPOS interchange Standard should be expanded to include the costs of PIN pads and the time taken to process ... Merchants argued that implementation of the proposed Standard would
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/impact-stmt-apr06/submissions.html
Background | Variation to the MasterCard and Visa Access Regimes: Details-stage Regulation Impact Statement – March 2014
9 Mar 2023
When the cardholder presents a card to the merchant, and authorises the transaction (for example, by the use of signature or a PIN), the merchant provides the relevant goods or services
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/201403-impact-stmt/background.html
Implementation and Review | Reform of the EFTPOS and Visa Debit Systems in Australia: Final Reforms and Regulation Impact Statement
9 Mar 2023
This follows the argument by the merchants that the costs of purchasing or renting PIN pads should be included in eligible costs. ... Including the cost of PIN pads and taking account of the acquirers' costs of all nominated participants would increase
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/impact-stmt-apr06/review.html