Search: credit card
RBA Glossary definition for credit card
credit card – A credit card is a card whose holder has been granted a revolving credit line. The card enables the holder to make purchases and/or cash advances up to a pre-arranged limit. The credit granted can be settled in full by the end of a specified period or in part, with the balance taken as extended credit. Interest may be charged on the transaction amounts from the date of each transaction or only on the extended credit where the credit granted has not been settled in full.
Search Results
Financial Market Infrastructures
27 Sep 2022
PSB Annual Report
- 2022
PDF
858KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/financial-market-infrastructures.pdf
Reserve Bank of Australia Annual Report 2021 - Annual Performance Statement
30 Jun 2022
RBA Annual Report
2021
PDF
187KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/annual-performance-statement.pdf
The Evolving Payments Landscape
21 Oct 2021
PSB Annual Report
- 2021
PDF
434KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/the-evolving-payments-landscape.pdf
The Evolving Payments Landscape
21 Oct 2021
PSB Annual Report
– 2021
Payment cards are the most commonly used retail payment method in Australia, and debit cards are increasingly preferred to credit cards for many transactions. ... In most cases, customers use a mobile app to access these services and repayments are drawn
https://www.rba.gov.au/publications/annual-reports/psb/2021/the-evolving-payments-landscape.html
Retail Payments Regulation and Policy Issues
21 Oct 2021
PSB Annual Report
– 2021
Weighted-average interchange fees are required to be at or below a benchmark of 0.50 per cent for credit cards, and 8 cents for debit and prepaid cards. ... Visa debit and credit card systems; the eftpos card system; and the NPP.
https://www.rba.gov.au/publications/annual-reports/psb/2021/retail-payments-regulation-and-policy-issues.html
Payments System Board Annual Report 2021
21 Oct 2021
PSB Annual Report
- 2021
PDF
1811KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/psb-annual-report-2021.pdf
Banking and Payment Services
21 Oct 2021
RBA Annual Report
– 2021
These services include direct entry, RTGS, BPAY, cheque, eftpos, cash, NPP and card-based services via phone and internet. ... basis. The RITS Low Value Settlement Service (LVSS) collates interbank obligations. These obligations arise from direct entry
https://www.rba.gov.au/publications/annual-reports/rba/2021/banking-and-payment-services.html
About the Payments System Board
21 Oct 2021
PSB Annual Report
– 2021
Greg Storey is an experienced cards and payments industry professional, with specialist knowledge in the evolution and operation of debit cards, credit cards and payment systems. ... participants. The aggregated data on debit, credit and charge cards,
https://www.rba.gov.au/publications/annual-reports/psb/2021/about-the-payments-system-board.html
At a Glance
21 Oct 2021
PSB Annual Report
– 2021
https://www.rba.gov.au/publications/annual-reports/psb/2021/
4. Financial Market Infrastructures
21 Oct 2021
PSB Annual Report
– 2021
Participants in centrally cleared markets have credit and liquidity exposures only to the CCP, rather than other participants in the market. ... As Australia's bank bill swap rate (BBSW) credit-based benchmark remains unaffected, Australian dollar
https://www.rba.gov.au/publications/annual-reports/psb/2021/financial-market-infrastructures.html