Search: acquirer
RBA Glossary definition for acquirer
acquirer – An institution that provides a merchant with facilities to accept card payments
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Developments in Retail Payment Systems
25 Oct 2010
PSB Annual Report
– 2010
Acquirers and self-acquirers with bilateral interchange agreements in the EFTPOS system are required to report information on the bilateral fees they receive each year. ... Because interchange fees on EFTPOS transactions are paid by the card issuer to
https://www.rba.gov.au/publications/annual-reports/psb/2010/dev-payments.html
Competition and Efficiency
21 Mar 2002
PSB Annual Report
– 2001
Interchange fees are a type of transfer payment that enables credit card issuers to recover some of their costs from acquirers and, in turn, from merchants. ... In Australia, interchange fees for proprietary debit card (EFTPOS) payments are negotiated
https://www.rba.gov.au/publications/annual-reports/psb/2001/competition.html
The Australian Financial System
10 Mar 2009
FSR
– March 2009
Recent takeovers have seen the ratings of both St George and BankWest raised to match their acquirers, Westpac and Commonwealth Bank.
https://www.rba.gov.au/publications/fsr/2009/mar/aus-fin-sys.html
Financial Stability Review - March 2009
17 Apr 2009
FSR
- March 2009
PDF
1621KB
https://www.rba.gov.au/publications/fsr/2009/mar/pdf/0309.pdf
Reform of Card Payment Systems
26 Sep 2006
PSB Annual Report
– 2006
The system is built around a series of bilateral business contracts and technical links between issuers and acquirers. ... what this might be, remains a matter for negotiation between issuers and acquirers.
https://www.rba.gov.au/publications/annual-reports/psb/2006/reform-card.html
Payments System Board Annual Report 2004 -Glossary
22 Sep 2005
PSB Annual Report
2004
PDF
40KB
https://www.rba.gov.au/publications/annual-reports/psb/2004/pdf/glossary.pdf
Payments System Board Annual Report 2000 - Glossary
22 Sep 2005
PSB Annual Report
2000
PDF
199KB
https://www.rba.gov.au/publications/annual-reports/psb/2000/pdf/glossary.pdf
The Board's First Year
1 Oct 1999
PSB Annual Report
– 1999
In credit card transactions, the interchange fee flows from acquirers to issuers. ... The merchants pay merchant service fees to their acquirers at least equal to the interchange fee.
https://www.rba.gov.au/publications/annual-reports/psb/1999/first-year.html
Developments in the Retail Payments System
2 Oct 2009
PSB Annual Report
– 2009
Under the regulations, the weighted average of these fees (which are paid by the transaction acquirer to the card issuer) must be at or below specified benchmarks on certain compliance dates. ... These fees (which are bilaterally negotiated and are paid
https://www.rba.gov.au/publications/annual-reports/psb/2009/dev-payments.html
Payments System Board Annual Report 2010 - Competition and Co-operation in Retail Payments
25 Oct 2010
PSB Annual Report
2010
PDF
225KB
https://www.rba.gov.au/publications/annual-reports/psb/2010/pdf/comp-coop.pdf