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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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Competition and Regulation in the Card Payments Market
18 Mar 2010
Speech
PDF
39KB
Card Payments Market
https://www.rba.gov.au/speeches/2010/pdf/sp-ag-150310.pdf
An Efficient, Competitive and Safe Payments System
14 Dec 2022
Speech
PDF
638KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-gov-2022-12-14.pdf
The Shift to Electronic Payments – Some Policy Issues
12 Apr 2023
Speech
PDF
615KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-03-28.pdf
11/12/2019 What's on the Cards? | Speeches ...
11 Dec 2019
PDF
156KB
Speech. What's on the Cards? Tony Richards Head of Payments Policy Department. ... More broadly,we are also asking for stakeholder views on dual-network debit cards, and the implications of theongoing shift in card ‘form factors’ away from plastic
https://www.rba.gov.au/speeches/2019/pdf/sp-so-2019-12-10.pdf
22/09/2020 New Financial Statistics: The Value of Sound Data ...
22 Sep 2020
Speech
PDF
172KB
That is, people were spending less and so were accumulatingless credit card debt. ... Taken together, these developments have worked toreduce the stock of outstanding credit card debt.
https://www.rba.gov.au/speeches/2020/pdf/sp-so-2020-09-17.pdf
Policymaking at the Reserve Bank
18 Oct 2022
Speech
PDF
489KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-dg-2022-10-18.pdf
Innovation and Regulation in the Australian Payments System
6 Dec 2020
Speech
PDF
181KB
Credit card interchange fees are also lower than in mostcountries. One exception is the lower credit card interchange fees in Europe. ... interchange fee on a $5 transaction is equivalent to an interchange rate of300 basis points, which is far higher
https://www.rba.gov.au/speeches/2020/pdf/sp-gov-2020-12-07.pdf
The Reserve Bank of Australia - Post Wallis
27 Feb 2001
Speech
PDF
73KB
They determine the revenue flows associated with card transactions,the costs ultimately borne by merchants and card-holders, the incentives to useand accept credit and debit cards and the terms of ... 12. encouraging use of credit cards rather than
https://www.rba.gov.au/speeches/1999/pdf/sp-ag-281099.pdf
Real-time Payments in Australia
5 May 2022
Speech
PDF
265KB
We expectthat account-to-account credit transfers will continue to migrate from DE to the NPP. ... payments. In Australia,card payments are the dominant payment method for both in-store and online purchases.
https://www.rba.gov.au/speeches/2022/pdf/sp-so-2022-05-03.pdf
Payments: The Future?
8 Dec 2021
Speech
PDF
299KB
There has been particularly strong growth in debit card transactions as peoplehave switched from credit to debit. ... It can also help tostreamline the credit assessment processes and help consumers get a better deal.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-12-09.pdf