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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Standard No. 2 Merchant Pricing for Credit Card Purchases
21 Nov 2012
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96KB
Visa Credit Compilation
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/standards/pdf/visa-credit-compilation.pdf
Debit and Credit Card Schemes in Australia: A Study of Interchange Fees and Access - Comments by Commonwealth Bank of Australia
3 Dec 2001
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134KB
M.1. •••. 3. Commonwealth Bank of Australia. 2.0 Credit Cards 2.1 Joint Bank Review of Credit Card Interchange Methodology In March 2000, the Australian Competition and Consumer Commission (ACCC) ... Open credit card payment schemes provide store
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/iii-submissions-vol1/m1-cba-201200.pdf
Supplementary Submission: Implications of the Ansett Collapse for Credit Card Reform
3 Dec 2001
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50KB
The benefit of credit cards in comparison to other forms of payment 1. ... This case illustrates, again, that credit cards offer a higher quality payment service than other forms of payment, and comparisons of the resource costs of providing credit card
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/iii-submissions-vol1/g6-aba-supplement.pdf
Box B: Online Spending by Households
3 Feb 2011
SMP
– February 2011
PDF
120KB
https://www.rba.gov.au/publications/smp/2011/feb/pdf/box-b.pdf
Credit Card Interchange Fees
13 Apr 2005
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805KB
Submissions on Credit Card Interchange Standards
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/submissions-cc-interchg-stds/mastercard-12042005.pdf
Australian Consumers' Association Response to the Reserve Bank of Australia's Draft Standards and Access Regime for Credit Card Schemes
19 Mar 2002
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338KB
3. 2 “On the cards”, CHOICE, December 2001, p. 16. 3 CVC Global Consulting Australian Credit Card Report, November 2000, p. ... ACA Response to the Reserve Bank of Australia/4. Credit Card Spending Patterns The RBA has estimated spending on bank
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/consult-doc-responses/aca-150302.pdf
Submission to the Reserve Bank of Australia to Assist in its Consideration of Designation of Credit Cards Schemes as a Payment System
3 Dec 2001
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83KB
ensure that open credit card associations in Australia are not disadvantaged in competition with closed credit card schemes or foreign issued Australian dollar credit cards;. • ... 2. If credit cards are to be designated, should the RBA restrict its
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/iii-submissions-vol1/g1-aba-submission.pdf
Letter to the Governor of Reserve Bank of Australia, Designation of the Australian Credit Card System
3 Dec 2001
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30KB
Firstly, the expression “the Australian credit card system” appears to lack clarity in relation to the requirements of the PSRA. ... The definition of “the Australian credit card system” encounters a further difficulty in relation to the PSRA.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/iii-submissions-vol1/m2-cba-060401.pdf
Australian Association of Permanent Building Societies (AAPBS) response to questions on the credit card system
3 Dec 2001
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43KB
Given the saturation of credit cards in the Australian market, any requirement to be a card issuer in order to be an acquirer poses a severe impediment. ... At the individual bank level? The larger societies offer several cards to their customers
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/iii-submissions-vol1/a1-aapbs-questions.pdf
Submission to RBA re Credit Card Interchange and Other Issues
10 Apr 2005
PDF
156KB
Submissions on Credit Card Interchange Standards
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/submissions-cc-interchg-stds/ampf-08042005.pdf