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RBA Glossary definition for dual-network card

dual-network card – A payment card that can be used to initiate transactions, typically from the same deposit account, for two different payment processing networks. For example, a debit card (sometimes also known as an ATM card) that can be used to make a payment via either the eftpos network or one of the international scheme networks. These cards usually have an international scheme logo (Mastercard or Visa) on one side and the eftpos logo on the other.

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The Cost of Card Payments for Merchants

14 Sep 2022 Bulletin - September 2022 PDF 903KB
https://www.rba.gov.au/publications/bulletin/2022/sep/pdf/the-cost-of-card-payments-for-merchants.pdf

Reserve Bank of Australia Annual Report 2021 - Annual Performance Statement

30 Jun 2022 RBA Annual Report 2021 PDF 187KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/annual-performance-statement.pdf

Retail Payments Regulation and Policy Issues

21 Oct 2021 PSB Annual Report – 2021
The Review has addressed a range of payments policy issues, including: how to support dual-network debit card (DNDC) issuance and the provision of least-cost routing (LCR); the levels of ... Visa and Mastercard introduced additional strategic merchant
https://www.rba.gov.au/publications/annual-reports/psb/2021/retail-payments-regulation-and-policy-issues.html

Abbreviations

21 Oct 2021 PSB Annual Report – 2021
Australian Dollar. AusPayNet. Australian Payments Network. AUSTRAC. Australian Transaction Reports and Analysis Centre. ... DNDC. Dual-network debit card. EMEAP. Executives' Meeting of East Asia-Pacific Central Banks.
https://www.rba.gov.au/publications/annual-reports/psb/2021/abbreviations.html

Abbreviations

21 Oct 2021 PSB Annual Report - 2021 PDF 76KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/abbreviations.pdf

Annual Performance Statement

21 Oct 2021 RBA Annual Report – 2021
Complete an upgrade of RITS hardware and network infrastructure by end of June 2021. ... The multi-year refresh of core RITS network and application infrastructure was completed in 2020/21.
https://www.rba.gov.au/publications/annual-reports/rba/2021/annual-performance-statement.html

Payments System Board Annual Report 2021

21 Oct 2021 PSB Annual Report - 2021 PDF 1811KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/psb-annual-report-2021.pdf

Retail Payments Regulation and Policy Issues

21 Oct 2021 PSB Annual Report - 2021 PDF 277KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/retail-payments-regulation-and-policy-issues.pdf

Domestic Regulatory Developments

8 Oct 2021 FSR – October 2021
The Bank issued a consultation paper presenting preliminary conclusions in May 2021, which covered: issuance of dual-network debit cards and promotion of ‘least-cost routing’ of debit card transactions; debit ... card interchange fees; transparency
https://www.rba.gov.au/publications/fsr/2021/oct/regulatory-developments.html

Consultation on Preliminary Conclusions to the Review of Retail Payments Regulation - May 2021 | Consultations

28 May 2021 Consultations
Consultation on Preliminary Conclusions to the Review of Retail Payments Regulation
https://www.rba.gov.au/publications/consultations/202105-consultation-preliminary-conclusions-review-of-retail-payments-reg.html