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RBA Glossary definition for SCCI

SCCI – Specialist Credit Card Institution

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Options for Reform | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations

6 Dec 2013 Consultations
This option would retain the current MasterCard and Visa Access Regimes and continue to rely on ADI/SCCI status to determine eligibility to participate in the schemes. ... This option would only be effective if Banking Regulation 4 (which defines credit
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/options-reform.html

List of tables

20 Sep 2005 PSB Annual Report – 2005
First SCCI announced. Market shared published. Case by MasterCard and Visa dismissed.
https://www.rba.gov.au/publications/annual-reports/psb/2005/tables.html

Abbreviations

2 Oct 2013 PSB Annual Report – 2013
RTGS. Real-time gross settlement. RTPC. Real-Time Payments Committee. SCCI. Specialist Credit Card Institution.
https://www.rba.gov.au/publications/annual-reports/psb/2013/abbreviations.html

Abbreviations

12 Sep 2014 PSB Annual Report – 2014
SCCI. Specialist Credit Card Institution. SEPA. Single Euro Payments Area. SSF.
https://www.rba.gov.au/publications/annual-reports/psb/2014/abbreviations.html

Glossary

11 Nov 2004 PSB Annual Report – 2004
SCCI. Specialised Credit Card Institution. Settlement. the discharge of obligations arising from fund transfers between two or more parties.
https://www.rba.gov.au/publications/annual-reports/psb/2004/glossary.html

Debit Cards

20 Sep 2005 PSB Annual Report – 2005
At the time this access regime was being developed, the Bank expected that an SCCI joining the Visa credit card system with the intention of acquiring credit card transactions would also ... If an SCCI is not able to acquire both Visa credit and debit
https://www.rba.gov.au/publications/annual-reports/psb/2005/debit-cards.html

Credit and Charge Cards

20 Sep 2005 PSB Annual Report – 2005
In addition, MoneySwitch, the first organisation seeking to specialise in the provision of acquiring services (including both credit and debit card acquiring) to merchants was authorised by APRA as an SCCI ... Of the new non-bank entrants, only GE Money
https://www.rba.gov.au/publications/annual-reports/psb/2005/credit.html

Introduction

20 Sep 2005 PSB Annual Report – 2005
The first step in this process was the creation by APRA of a new class of Authorised Deposit-taking Institution (ADI) known as a Specialist Credit Card Institution (SCCI). ... The fourth SCCI is currently seeking membership of the credit card schemes in
https://www.rba.gov.au/publications/annual-reports/psb/2005/introduction.html

Consultation | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations

6 Dec 2013 Consultations
For instance, some commented that their experience with APRA had been open and fair, but constrained by a ‘strict and prescriptive’ SCCI framework. ... The scheme therefore supported revocation of the Access Regimes but retention of the SCCI class of
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/consultation.html

Retail Payments Policy and Research

12 Sep 2014 PSB Annual Report – 2014
This will also require the removal of the current SCCI framework, administered by APRA.
https://www.rba.gov.au/publications/annual-reports/psb/2014/ret-pay-policy-research.html