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.
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About the Payments System Board
21 Oct 2021
PSB Annual Report
- 2021
PDF
471KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/about-the-payments-system-board.pdf
Annual Performance Statement
21 Oct 2021
RBA Annual Report
– 2021
Banks' healthy capital and liquidity positions following earlier reforms has allowed them to support the economy through the pandemic, including by offering loan repayment deferrals and, as demand for credit has ... Monitor the outcomes for consumers and
https://www.rba.gov.au/publications/annual-reports/rba/2021/annual-performance-statement.html
Payments System Board
21 Oct 2021
RBA 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 payments systems. ... Prior to his roles at Visa, Mr Storey worked at St George Bank in
https://www.rba.gov.au/publications/annual-reports/rba/2021/payments-system-board.html
Retail Payments Regulation and Policy Issues
21 Oct 2021
PSB Annual Report
- 2021
PDF
277KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/retail-payments-regulation-and-policy-issues.pdf
Financial Market Infrastructures
21 Oct 2021
PSB Annual Report
- 2021
PDF
713KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/financial-market-infrastructures.pdf
Reserve Bank of Australia Annual Report 2021 - Banking and Payment Services
18 Oct 2021
RBA Annual Report
2021
PDF
233KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/banking-and-payment.pdf
Reserve Bank of Australia Annual Report 2021 - Payments System Board
15 Oct 2021
RBA Annual Report
2021
PDF
201KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/payments-system-board.pdf
Trends in Payments, Clearing and Settlement Systems
15 Oct 2020
PSB Annual Report
– 2020
In 2019/20, Australian cardholders made around 10.7 billion debit and credit card purchases worth $677 billion, with cards accounting for three-quarters of the total number of non-cash ... When paying with a card, Australians are increasingly choosing
https://www.rba.gov.au/publications/annual-reports/psb/2020/trends-in-payments-clearing-and-settlement-systems.html
Retail Payments Regulation and Policy Issues
15 Oct 2020
PSB Annual Report
– 2020
Weighted-average interchange fees are required to be below a benchmark of 0.50 per cent for credit cards, and 8 cents for debit and prepaid cards. ... Nonetheless, surcharging is more frequent in some merchant categories (for example, travel) and
https://www.rba.gov.au/publications/annual-reports/psb/2020/retail-payments-regulation-and-policy-issues.html
Payments System Board
15 Oct 2020
PSB Annual Report
– 2020
Greg Storey is an experienced cards and payments industry professional, with specialist knowledge in the evolution and operation of debit cards, credit cards and payments systems. ... George Bank in various cards and payments roles, as CIO of an
https://www.rba.gov.au/publications/annual-reports/psb/2020/payments-system-board.html