Search: debit card
RBA Glossary definition for debit card
debit card – A debit card is a card that enables the holder to access funds in a deposit account at an authorised deposit-taking institution.
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Recent Developments in the ATM Industry
7 Dec 2017
Bulletin
– December 2017
The ATM industry in Australia is undergoing a number of changes. Use of ATMs has been declining as people use cash less often for their transactions, though the number of ATMs remains at a high level. The total amount spent on ATM fees has fallen,
https://www.rba.gov.au/publications/bulletin/2017/dec/6.html
The Effect of Least-cost Routing on Merchant Payment Costs
18 Apr 2024
Bulletin
– April 2024
The RBA supports all merchants being able to choose the card network used to process debit transactions – a functionality known as least-cost routing (LCR) – with the aim of increasing competition and reducing the cost of accepting card payments.
https://www.rba.gov.au/publications/bulletin/2024/apr/the-effect-of-least-cost-routing-on-merchant-payment-costs.html
Electronic Indicators of Economic Activity
10 Jun 2012
Bulletin
– June 2012
Source: RBA. Electronic data are also generated when consumers and businesses use credit and debit cards to purchase goods and services. ... The CBA BSI measures the value of credit and debit card transactions processed through the Commonwealth Bank's
https://www.rba.gov.au/publications/bulletin/2012/jun/1.html
Some Features of the Australian Payments System
10 Dec 1998
Bulletin
– December 1998
In nearly all countries, cash plays an important role and non-cash instruments such as cheques, credit and debit cards and direct electronic payments are all available. ... Indeed, as discussed earlier, the growth in electronic payments in Australia has
https://www.rba.gov.au/publications/bulletin/1998/dec/1.html
Trends in Mobile Payments in Developing and Advanced Economies
22 Mar 2013
Bulletin
– March 2013
As mobile phones have become commonplace throughout the world there has been an increasing focus on their potential use for making payments. Adoption of mobile payments in developing economies has occurred well ahead of that in advanced economies,
https://www.rba.gov.au/publications/bulletin/2013/mar/8.html
Bank Fees in Australia
16 Jun 2022
Bulletin
– June 2022
This article updates previous Reserve Bank research on bank fees charged to Australian households, businesses and government.
https://www.rba.gov.au/publications/bulletin/2022/jun/bank-fees-in-australia.html
The Ongoing Decline of the Cheque System
15 Jun 2017
Bulletin
– June 2017
Cheque use in Australia has declined significantly over the past few decades and currently represents only a small share of non-cash payments. This decline reflects changes in the payments market as a result of technological change and customer
https://www.rba.gov.au/publications/bulletin/2017/jun/7.html
The Role of the Payments System Board
22 Feb 2001
Bulletin
PDF
65KB
The growing popularity of debit cards forEFTPOS transactions has not been uniqueto Australia. ... 1997. 1990. Volume of Debit Card Payments1990 versus 1997. The Role of the Payments System Board July 1999.
https://www.rba.gov.au/publications/bulletin/1999/jul/pdf/bu-0799-2.pdf
New Payments Insights from the Updated Retail Payments Statistics Collection
21 Mar 2019
Bulletin
– March 2019
Banks' funding costs increased a little over 2018, driven by a rise in the cost of wholesale funding linked to money market rates, but with some offset from reductions in the cost of retail deposits.
https://www.rba.gov.au/publications/bulletin/2019/mar/new-payments-insights-from-the-updated-retail-payments-statistics-collection.html
Banking Fees in Australia
10 Jun 2012
Bulletin
– June 2012
Fee income from credit cards rose by 4.0 per cent. This was driven by an increase in credit card account servicing fee income based on a small increase in the ... Merchant service fee income rose by 3.9 per cent in 2011 (Graph 4). These fees are
https://www.rba.gov.au/publications/bulletin/2012/jun/5.html