Search: acquirer
RBA Glossary definition for acquirer
acquirer – An institution that provides a merchant with facilities to accept card payments
Search Results
Governor's Foreword
2 Oct 2013
PSB Annual Report
– 2013
The new standards became effective in March 2013, supported by a guidance note to assist schemes, acquirers and merchants in determining the reasonable cost of acceptance.
https://www.rba.gov.au/publications/annual-reports/psb/2013/gov-foreword.html
Developments in the Payments System
11 Sep 2008
PSB Annual Report
– 2008
In the EFTPOS system, interchange fees flow from the issuer to the acquirer – the opposite direction to scheme products. ... One factor affecting the acquiring market is the ability of large merchants to effectively bypass acquirers.
https://www.rba.gov.au/publications/annual-reports/psb/2008/dev-payments.html
Developments in the Payments System
13 Sep 2007
PSB Annual Report
– 2007
While all acquirers and merchants will need to offer the option of PINs for credit cards, cardholders will, if they wish, still be able to sign in the usual way. ... Under both schemes' incentive arrangements, if a chip card is used in a non-chip terminal
https://www.rba.gov.au/publications/annual-reports/psb/2007/dev-payments.html
Payments System Board Annual Report 2000 - Competition and Efficiency
9 Apr 2013
PSB Annual Report
2000
PDF
260KB
https://www.rba.gov.au/publications/annual-reports/psb/2000/pdf/competition.pdf
Introduction
20 Sep 2005
PSB Annual Report
– 2005
in some cases, reduce the revenue flow that they receive from their acquirer every time an EFTPOS card is used in their business. ... Existing members need to be confident, for example, that a new card issuer will be able to pay acquirers whenever the
https://www.rba.gov.au/publications/annual-reports/psb/2005/introduction.html
Competition and Efficiency
24 Mar 2003
PSB Annual Report
– 2002
a more liberal access regime that allowed for the entry of specialist credit card service providers, both issuers and acquirers, to be supervised by the Australian Prudential Regulation Authority (APRA). ... card issuer to the acquirer and are negotiated
https://www.rba.gov.au/publications/annual-reports/psb/2002/competition.html
Payments System Board Annual Report 2023
11 Oct 2023
PSB Annual Report
- 2023
PDF
2459KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/psb-annual-report-2023.pdf
Developments in Retail Payment Systems
8 Sep 2011
PSB Annual Report
– 2011
The new multilateral interchange arrangements are:. Purchases $15 and above without cash-out: 5 cents is paid by the acquirer to the issuer. ... Current bilateral interchange fees on cash-outs are around 20 cents, also paid to the acquirer.
https://www.rba.gov.au/publications/annual-reports/psb/2011/dev-payments.html
Payments System Regulation and Policy Issues
11 Oct 2023
PSB Annual Report
- 2023
PDF
347KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/payments-system-regulation-and-policy-issues.pdf
Payments System Regulation and Policy Issues
28 Sep 2022
PSB Annual Report
– September 2022
An expectation that acquirers and payment facilitators providing card acceptance services to merchants offer and promote LCR functionality to merchants in the device-present (in-person) environment. ... Similarly, in the device-not-present (online)
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html