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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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Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

13 Jun 2023 Submissions
First, they argue that competition in the issuer/acquirer market will be reduced because an administratively set interchange fee will eliminate the possibility of bilateral bargaining between issuers and acquirers to ... flow from acquirer to issuer, is
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Applications for Authorisation in Relation to PIN@POS – Auguest 2013 | Payments System | Submissions

19 May 2023 Submissions
Card acquirers and merchants would incur costs in updating terminal software, and in some cases hardware. ... As noted above, PIN@POS implementation involves material costs on the part of issuers, acquirers, merchants and cardholders.
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-08/index.html

Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees – 21 March 2003 | Payments System | Submissions

21 Mar 2003 Submissions
the need to negotiate bilateral agreements with established participants can put both new issuers and acquirers at a competitive disadvantage. ... schemes, which are expected to reduce credit card interchange fee amounts paid by acquirers by around $350
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/

Applications for Authorisation in Relation to 3D Secure – February 2016 | Payments System | Submissions

19 May 2023 Submissions
A coordinated approach will make the adjustment process less burdensome for merchants, acquirers and gateways compared with a situation where they adopt/promote 3D Secure independently.
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-3d-secure/index.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
The rollout of new technology by card acquirers has enabled the widespread acceptance of contactless ‘tap and go’ card payments, which now account for around 80 per cent of consumer card
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

Submission to Payments System Review – January 2021 | Responses and Options Paper

25 May 2023 Submissions
New technology (terminals and chip-based cards) rolled out by card issuers and acquirers to enable contactless tap-and-go card payments.
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper

24 May 2023 Submissions
Submissions – Payments System Proposed merger between Armaguard and Prosegur. Submission to the ACCC. October 2022. Download the Submission 6.7. MB. Note: Some statements have been redacted. The Reserve Bank of Australia (the Reserve Bank) has
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html

Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees - 21 March 2003

7 May 2008 Submissions PDF 26KB
Reform of Debit Card (EFTPOS) Interchange Fees
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/pdf/eftpos-interchange-fees.pdf

Reforms to the Payment Systems (Regulation) Act 1998

1 Dec 2023 Submissions PDF 446KB
Submission to Consultation on Exposure Draft Legislation
https://www.rba.gov.au/publications/submissions/payments-system/pdf/reforms-to-the-payment-systems-regulation-nov-2023.pdf

Background on the Australian Listed Equity Market | Financial Sector | Submissions

17 Sep 2021 Submissions
If the company has been acquired or merged, this is the name/rank of the acquirer or new entity; see notes.
https://www.rba.gov.au/publications/submissions/financial-sector/background-on-the-australian-listed-equity-market-2021-09/index.html