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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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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

Attachment 3 | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations

8 Jun 2012 Consultations
EFTPOS Acquirer and/or exchanging payment instructions and related messages on behalf of other EFTPOS Issuers or EFTPOS Acquirers, to facilitate the Clearing and Settlement of EFTPOS Transactions;. ... EFTPOS Issuer. issuer. and an. EFTPOS Acquirer.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/attachment-3.html

Background | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations

8 Jun 2012 Consultations
The floor is specified to be 80 per cent (currently $0.04) of the cap paid to the acquirer. ... Hence, they specifically require that existing participants offer prospective acquirers an interchange fee no less than the lowest fee paid to an existing
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/background.html

Attachment | A Variation to the Access Regime for the ATM System: Consultation Document – May 2012 | Consultations

29 May 2012 Consultations
ATM Acquirer does not pay an interchange fee to access any ATMs of the ATM Issuer in the arrangement;. ... 13. 14. Each ATM Acquirer in the ATM system that receives an interchange fee within the terms of sub-paragraph.
https://www.rba.gov.au/publications/consultations/201205-acc-reg-atm-sys-cons-doc/attachment.html

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

10 Dec 2011 Consultations
Nonetheless, paragraph 9 of each of the Standards expressly provides that agreements between merchants and acquirers to limit the size of any surcharge to the fees incurred by the merchant would ... and equally open to acquirers to attempt to bargain
https://www.rba.gov.au/publications/consultations/201112-variation-surcharging-standards/background.html

Attachment 1 | A Variation to the Surcharging Standards: A Consultation Document | Consultations

10 Dec 2011 Consultations
charged as a blended rate across all credit card types or on an interchange plus acquirer margin basis or any other basis;. ... 10. 11. Each acquirer must notify, in writing, each merchant to whom the acquirer provides services of the provisions of this
https://www.rba.gov.au/publications/consultations/201112-variation-surcharging-standards/attachment-1.html

Access Framework | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations

8 Jun 2012 Consultations
In other words, new acquirers might receive substantially more favourable treatment than the incumbents under these arrangements. ... least favourable bilateral interchange fee agreement that acquirer has established with an existing issuer.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/access-framework.html

Attachment 2 | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations

8 Jun 2012 Consultations
issuer. EFTPOS Issuer. and an. acquirer. EFTPOS Acquirer. or. self-acquirer. Self Acquirer. , ... must. not exceed. be paid to the acquirer and be no more than.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/attachment-2.html

Appendix A | 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/appendix.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