Search: acquirer
RBA Glossary definition for acquirer
acquirer – An institution that provides a merchant with facilities to accept card payments
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Payment Surcharges: Economics, Regulation and Enforcement
13 Dec 2018
Bulletin
– December 2018
The Reserve Bank's new rules on surcharging, which are enforced by the Australian Competition and Consumer Commission (ACCC), allow businesses to recover the cost of accepting different payment methods but prevent them from surcharging excessively.
https://www.rba.gov.au/publications/bulletin/2018/dec/payment-surcharges-economics-regulation-and-enforcement.html
Attachment 2 | A Variation to the Surcharging Standards: A Consultation Document December 2011 | Consultations
10 Dec 2011
Consultations
or charged as a blended rate with Visa credit cards or on an interchange plus acquirer margin basis or any other basis;. ... iv. Each acquirer must notify merchants to which it provides acquiring services of the provisions of this Standard.
https://www.rba.gov.au/publications/consultations/201112-variation-surcharging-standards/attachment-2.html
The Evolution of Interbank Settlement in Australia
17 Mar 2022
Bulletin
– March 2022
Electronic payments are ubiquitous in modern economies and result in financial obligations between different financial institutions.
https://www.rba.gov.au/publications/bulletin/2022/mar/the-evolution-of-interbank-settlement-in-australia.html
Executive Summary | The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
28 Sep 2023
Consultations
The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/conclusions-paper/executive-summary.html
A Variation to the Surcharging Standards: A Consultation Document - December 2011
16 Dec 2011
Consultations
PDF
1016KB
Surcharging Standards
https://www.rba.gov.au/publications/consultations/201112-variation-surcharging-standards/pdf/201112-variation-surcharging-standards.pdf
Payment Surcharges Economics Regulation And Enforcement
12 Dec 2018
Bulletin
- December 2018
PDF
564KB
https://www.rba.gov.au/publications/bulletin/2018/dec/pdf/payment-surcharges-economics-regulation-and-enforcement.pdf
Background | Review of the Regulatory Framework for the eftpos System: Consultation on Designation March 2012 | Consultations
9 Mar 2012
Consultations
cents to within a range of between 4 and 5 cents, paid to the acquirer. ... to the issuer, whereas under bilateral arrangements, an interchange fee of between 4 and 5 cents is paid to the acquirer.
https://www.rba.gov.au/publications/consultations/201203-replacing-eftpos-designation/background.html
Interchange Fees Standard | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 |…
8 Jun 2012
Consultations
$0.05 paid to the acquirer and $0.05 paid to the issuer.[. ... It would also remove the regulatory requirement for bilateral interchange fees to flow to the acquirer.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/interchange-fees-std.html
Introduction | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016
10 Dec 2016
Consultations
of transactions as well as a set of rules that bind participating card issuers and card acquirers (entities which provide card acceptance services to merchants).
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/introduction.html
Attachment 2 – Draft Variation to the Access Regimes | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document…
6 Dec 2013
Consultations
an ‘acquirer’ is a participant in the Scheme in Australia that provides services to a merchant to allow the merchant to accept a debit card;. ... an acquirer is a ‘self acquirer’ if it acquires transactions for which it or a related body
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/attachment-2.html