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RBA Glossary definition for acquirer

acquirer – An institution that provides a merchant with facilities to accept card payments

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Glossary

2 May 2023
A glossary of terms used on the RBA website
https://www.rba.gov.au/glossary/

The Shift to Electronic Payments – Some Policy Issues

28 Mar 2023 Speech
Ellis Connolly
Speech delivered by Ellis Connolly, Head of Payments Policy, AFR Banking Summit, Sydney
https://www.rba.gov.au/speeches/2023/sp-so-2023-03-28.html

Changes to Statistical Tables

24 May 2023 Statistics
The table provides data on average fees paid by merchants to acquirers when accepting card payments from consumers. ... The series in this table are derived from newly collected data submitted to the Bank by a sample of card acquirers, with historical
https://www.rba.gov.au/statistics/tables/changes-to-tables.html

Consultation | A Variation to the Surcharging Standards: A Consultation Document December 2011 | Consultations

10 Dec 2011 Consultations
Some also argued that disclosure of individual merchant service fees would make acquirers reluctant to negotiate fees with merchants. ... The Bank will engage with acquirers to determine the most appropriate approach to doing so.
https://www.rba.gov.au/publications/consultations/201112-variation-surcharging-standards/consultation.html

Review of Retail Payments Regulation: Conclusions

22 Oct 2021 Media Releases
The Payments System Board’s Review of Retail Payments Regulation has concluded with the release of a Conclusions Paper. The Payments System Board has also announced an exemption from aspects of the Access Regime for the ATM System.
https://www.rba.gov.au/media-releases/2021/mr-21-23.html

Least-cost Routing of Debit Card Transactions

28 Mar 2023
Links to Least-cost Routing of Debit Card Transactions
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/least-cost-routing.html

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

Payments System

9 Mar 2023
Overview of the Australian Payments System
https://www.rba.gov.au/payments-and-infrastructure/payments-system.html

Payments System Board Update: November 2017 Meeting

17 Nov 2017 Media Releases
At its meeting today, the Payments System Board discussed issues including the cost of payments to merchants, trends in card fraud, developments in the ATM industry and the assessment of LCH Ltd's SwapClear Service.
https://www.rba.gov.au/media-releases/2017/mr-17-24.html

List of tables

20 Sep 2018 PSB Annual Report – 2018
15.0 cents or 0.200%. (a) Fees are paid by the acquirer to the issuer, except for transactions involving a cash-out component. ... 8.0. Ceiling. –. 15.0 cents or 0.200%. (a) Fees are paid by the acquirer to the issuer, except for transactions involving
https://www.rba.gov.au/publications/annual-reports/psb/2018/tables.html