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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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
Reserve Bank of Australia Annual Report 2021
29 Sep 2022
RBA Annual Report
2021
PDF
6721KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/2021-report.pdf
Payments System Board Annual Report 2011 - Developments in Retail Payment Systems
20 Sep 2011
PSB Annual Report
2011
PDF
583KB
https://www.rba.gov.au/publications/annual-reports/psb/2011/pdf/dev-payment.pdf
Payments System Board Annual Report 2004 - Competition and Efficiency
22 Sep 2005
PSB Annual Report
2004
PDF
67KB
https://www.rba.gov.au/publications/annual-reports/psb/2004/pdf/competition.pdf
Developments in Retail Payment Systems
25 Oct 2010
PSB Annual Report
– 2010
Within the credit and charge card category, trends in the use of individual products have been affected by the introduction of ‘companion’ American Express credit cards by two major banks. ... As a result, MasterCard was required to remove its
https://www.rba.gov.au/publications/annual-reports/psb/2010/dev-payments.html
About the Payments System Board
27 Sep 2023
PSB Annual Report
– September 2023
About the Payments System Board | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/about-the-payments-system-board.html
Retail Payments Regulation and Policy Issues
17 Oct 2019
PSB Annual Report
– 2019
The weighted-average interchange fee benchmark is 0.50 per cent for credit cards, and 8 cents for debit and prepaid cards. ... These benchmarks are supplemented by ceilings on individual interchange rates: 0.80 per cent for credit cards; and 15 cents, or
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html
List of tables
2 Oct 2013
PSB Annual Report
– 2013
56. 14.4. 11.1. 14.6. 12.7. Credit cards. 22.9. 1.7. 139. 7.1. ... 8.0. 12.4. Credit cards, debit cards, and specialised payments providers. 30.2.
https://www.rba.gov.au/publications/annual-reports/psb/2013/tables.html
Payments System Board Annual Report 2020
14 Oct 2020
PSB Annual Report
2020
PDF
7381KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/2020-psb-annual-report.pdf