Search: dual-network card
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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Review of Card Payments Regulation - November 2019 | Consultations
10 Nov 2019
Consultations
Review of Card Payments Regulation
https://www.rba.gov.au/publications/consultations/201911-review-of-card-payments-regulation.html
Abbreviations
27 Sep 2023
PSB Annual Report
– 2023
ATM. Automated teller machine. AUD. Australian Dollar. AusPayNet. Australian Payments Network. ... CS facility. Clearing and settlement facility. DNDC. Dual-network debit card. eftpos.
https://www.rba.gov.au/publications/annual-reports/psb/2023/abbreviations.html
Bulletin September Quarter 2022
14 Sep 2022
Bulletin
- September 2022
PDF
8931KB
https://www.rba.gov.au/publications/bulletin/2022/sep/pdf/bulletin-2022-09.pdf
The Australian Debit Card Market: Default Settings and Tokenisation
19 Jun 2023
Consultations
PDF
397KB
Australia’s debit card market. The key issues are:. 1. The practice of a default routing network being set at issuance on dual-network debit cards. ... 2. Setting a default network on dual-network. debit cards. 2.1 Background.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202306-issues-paper-australian-debit-card-market.pdf
Abbreviations
8 Oct 2023
PSB Annual Report
- 2023
PDF
65KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/abbreviations.pdf
Payments System Regulation and Policy Issues
28 Sep 2022
PSB Annual Report
– September 2022
The main new policy measures in this area included:. An expectation that larger debit card issuers will continue to issue dual-network debit cards (DNDCs). ... The introduction of a sub-benchmark for interchange on single-network debit cards (SNDCs),
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html
Executive Summary | The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
28 Sep 2023
Consultations
The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/conclusions-paper/executive-summary.html
The Australian Debit Card Market: Default Settings and Tokenisation
28 Sep 2023
Consultations
PDF
404KB
September 2023. Contents. 1. Executive Summary 1. 2. Setting a Default Network on Dual-network Debit Cards 3. ... 2. Setting a Default Network on Dual-. network Debit Cards. 2.1 Issues.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202309-conclusions-paper-australian-debit-card-market.pdf
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
Bulletin March Quarter 2020
26 May 2020
Bulletin
- March 2020
PDF
5308KB
https://www.rba.gov.au/publications/bulletin/2020/mar/pdf/bulletin-2020-03.pdf