Search: acquirer
RBA Glossary definition for acquirer
acquirer – An institution that provides a merchant with facilities to accept card payments
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Statement of Intent of the Payments System Board
9 Mar 2023
cards and encouraging acquirers to provide merchants with the ability to choose which network to route contactless transactions on dual-network cards.
https://www.rba.gov.au/about-rba/boards/psb/psb-statement-of-intent.html
Attachment: Access Regime for the ATM System | An Access Regime for the ATM System – February 2009
9 Mar 2023
an ‘ATM’ means an automatic teller machine in Australia;. an ‘ATM Acquirer’ has the same meaning as in the ATM Access Code;. ... ATM Acquirer does not pay an interchange fee to access any ATMs of the ATM Issuer in the arrangement;.
https://www.rba.gov.au/payments-and-infrastructure/atms/access-regime/attachment.html
Access Regime and Standards | Reform of the EFTPOS and Visa Debit Systems in Australia: Final Reforms and Regulation Impact Statement
9 Mar 2023
an ‘acquirer' is a participant in the EFTPOS system that provides services to a merchant to allow that merchant to accept a debit card;. ... Each acquirer must notify merchants to which it provides acquiring services of the provisions of this Standard.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/impact-stmt-apr06/access-regime.html
Interchange Fees | Reform of the EFTPOS and Visa Debit Systems in Australia: A Consultation Document – February 2005
9 Mar 2023
s cost and the acquirer will not be willing to participate in the network. ... If the acquirer were receiving less revenue from interchange payments than its competitors, it would be unlikely to be able to offer merchants as competitive pricing as other
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-doc-feb05/interchg-fees.html
Attachment B | Reform of Debit Card Systems in Australia: A Consultation Document – December 2005
9 Mar 2023
In this Standard:. an ‘acquirer’ is a participant in the EFTPOS system that provides services to a merchant to allow that merchant to accept a debit card;. ... Data on eligible costs must be drawn from accounting records of the nominated EFTPOS
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-doc-dec05/attachment-b.html
Consultation on Proposed Changes to the EFTPOS Interchange Fee Standard
9 Mar 2023
to between 5 cents paid to the issuer and 5 cents paid to the acquirer. ... issuer); and lowered the EFTPOS interchange fee for purchase transactions from around 20 cents per transaction to between 4 and 5 cents (paid to the acquirer).
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-proposal-sep09.html
Industry Overview | Reform of Credit Card Schemes in Australia: II Commissioned Report
9 Mar 2023
The activities of so-called acquirers can be subdivided into merchant acquisition and merchant processing. ... American Express serves as the sole merchant acquirer and processor for its network in Australia.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/ii-commissioned-report/industry-overview.html
A Draft Revised Standard [Version B] | Proposed Changes to the Credit Card Interchange Standard: A Consultation Document
9 Mar 2023
In this Standard:. an 'acquirer' is a participant in any of the Schemes that provides services to a merchant to allow that merchant to accept a credit card;. ... This Standard refers to wholesale fees, known as 'interchange' fees, which are payable by an
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/consult-doc-jul05/b.html
A Draft Revised Standard [Version A] | Proposed Changes to the Credit Card Interchange Standard: A Consultation Document
9 Mar 2023
In this Standard:. an 'acquirer' is a participant in any of the Schemes that provides services to a merchant to allow that merchant to accept a credit card;. ... This Standard refers to wholesale fees, known as 'interchange' fees, which are payable by an
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/consult-doc-jul05/a.html
The Problem | Variation to the MasterCard and Visa Access Regimes: Details-stage Regulation Impact Statement – March 2014
9 Mar 2023
The same is true of potential acquirers, who would need to be able to provide merchants with the ability to process transactions from many issuers and would in effect need to ... Some merchants may have exposures with respect to funds passed through by
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/201403-impact-stmt/problem.html