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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Developments in Income and Consumption Across Household Groups
25 Jan 2024
Bulletin
– January 2024
Data on spending by income and mortgagor status suggest that growth in consumption has slowed significantly over the past year or so across most household groups as cost-of-living pressures have weighed on household finances.
https://www.rba.gov.au/publications/bulletin/2024/jan/developments-in-income-and-consumption-across-household-groups.html
Payments System Board
19 Jan 2024
This gives an important protection to institutions at which such cheques are deposited, because it allows them to reverse any provisional credits made on the basis of these cheques. ... The ACCC has authorised a number of such arrangements, particularly
https://www.rba.gov.au/about-rba/boards/psb-board.html
2024
18 Jan 2024
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2024/
Retail Payments October 2023
12 Jan 2024
Statistics
0.8. 21.6. 8.3. Total balances outstanding on credit and charge cards. ... 22.6. Source: RBA. Total Average Merchant Fees for Debit, Credit and Charge Cards.
https://www.rba.gov.au/statistics/frequency/retail-payments/2023/retail-payments-1023.html
Retail Payments September 2023
12 Jan 2024
Statistics
0.8. 25.7. 7.5. Total balances outstanding on credit and charge cards. ... 23.9. Source: RBA. Total Average Merchant Fees for Debit, Credit and Charge Cards.
https://www.rba.gov.au/statistics/frequency/retail-payments/2023/retail-payments-0923.html
Retail Payments November 2023
9 Jan 2024
Statistics
0.2. 12.1. 6.9. Total balances outstanding on credit and charge cards. ... 20.3. Source: RBA. Total Average Merchant Fees for Debit, Credit and Charge Cards.
https://www.rba.gov.au/statistics/frequency/retail-payments/2023/retail-payments-1123.html
Payments System
4 Jan 2024
Overview of the Australian Payments System
https://www.rba.gov.au/payments-and-infrastructure/payments-system.html
Expectations for Tokenisation of Payment Cards and Storage of PANs
21 Dec 2023
Media Releases
The Bank has released a final set of expectations for the Tokenisation of Payment Cards and Storage of PANs, aimed at improving security, efficiency and competition for online card payments.
https://www.rba.gov.au/media-releases/2023/mr-23-37.html