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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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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

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

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

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

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 Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments

9 Mar 2023 Submissions
These are then passed on to merchants by acquirers in the form of a higher merchant service fees. ... For most card transactions, the interchange fee is paid by the acquirer to the issuer.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-as-payment-instruments.html

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

Background on the Australian Listed Equity Market - September 2021

17 Sep 2021 Submissions PDF 681KB
Submission to the House of Representatives Standing Committee on Economics Inquiry into Common Ownership and Capital Concentration in Australia
https://www.rba.gov.au/publications/submissions/financial-sector/background-on-the-australian-listed-equity-market-2021-09/pdf/background-on-the-australian-listed-equity-market-2021-09.pdf

Submission to Payments System Review

3 Feb 2021 Submissions PDF 1155KB
 New technology (terminals and chip-based cards) rolled out by card issuers and acquirers to enable.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf