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.
Search Results
3. Dual-network debit cards and least-cost routing | Review of Retail Payments Regulation – Conclusions Paper
9 Mar 2023
Review of Retail Payments Regulation – Conclusions Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/conclusions-paper-202110/dual-network-debit-cards-and-least-cost-routing.html
Regulatory Decisions | Debit and Prepaid Cards
9 Mar 2023
Links to regulatory decisions on Debit and Prepaid Cards
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/regulatory-decisions.html
Submission for the Review of Retail Payments Regulation
11 Feb 2020
DOCX
33KB
Some or all debit card payments should not be surcharged if debit cards have replaced cash as the payment method of choice. ... Furthermore, if debit cards become the payment method of choice, it could be argued that merchants shouldn’t surcharge debit
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/liron-lightwood.DOCX
Competition and Co-operation in Retail Payments
25 Oct 2010
PSB Annual Report
– 2010
The difference in interchange fee flows has tended to result in card issuers favouring scheme debit cards and promoting them to customers, while merchants have tended to favour EFTPOS. ... At that time, the Board required that the card schemes remove
https://www.rba.gov.au/publications/annual-reports/psb/2010/competition-payments.html
Draft Access Regime | Reform of Debit Card Systems in Australia: A Consultation Document – December 2005
9 Mar 2023
Reform of Debit Card Systems in Australia:. A Consultation Document – December 2005 5.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-doc-dec05/draft-access-regime.html
Background | Reform of the EFTPOS and Visa Debit Systems in Australia: Final Reforms and Regulation Impact Statement
9 Mar 2023
The EFTPOS system accounts for around 85 per cent of debit card transactions in Australia. ... The Visa Debit system has been operating in Australia for many years, and accounts for around 15 per cent of debit card transactions.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/impact-stmt-apr06/background.html
Exclusion of Scheme Debit Transactions from Table C2: Explanatory Note
9 Mar 2023
Statistics
In March 2008, the RPS collection was expanded to separately identify transactions on scheme debit cards. ... These trends have diverged over recent years, with debit card payments – particularly scheme debit – continuing to grow strongly, while the
https://www.rba.gov.au/statistics/tables/exp-note/c2-note-120510.html
Review of Card Surcharging: A Consultation Document | Consultations
7 Jun 2011
Consultations
REFORMS: Credit Cards; Debit Cards; The ATM System; ATM Fee Reforms; Review of Card Payment Systems Reforms; Account Switching; POLICY FRAMEWORK: Payments System Board; Core Principles for Systemically Important Payment Systems; Standards for
https://www.rba.gov.au/publications/consultations/201106-review-card-surcharging/
Introduction | Reform of Debit Card Systems in Australia: A Consultation Document – December 2005
9 Mar 2023
Reform of Debit Card Systems in Australia:. A Consultation Document – December 2005 1. ... Introduction. In February 2005 the Reserve Bank of Australia released a set of proposals for reform of Australia's debit card systems.1 These proposals addressed
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-doc-dec05/introduction.html
Access Regime and Standards | Reform of the EFTPOS and Visa Debit Systems in Australia: Final Reforms and Regulation Impact Statement
9 Mar 2023
Neither the rules of the Scheme, nor any participant in the Visa Debit system, or the Visa credit card system, may require a merchant to accept Visa Debit cards as a ... Likewise, neither the rules of the Scheme, nor any participant in the Visa Debit
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/impact-stmt-apr06/access-regime.html