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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Bulletin
17 Apr 2024
Bulletin
- April 2024
PDF
7253KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/bulletin-2024-04.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 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
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
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
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 Board Annual Report 2023
11 Oct 2023
PSB Annual Report
- 2023
PDF
2459KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/psb-annual-report-2023.pdf
The Cost of Card Payments for Merchants
18 Mar 2020
Bulletin
- March 2020
PDF
605KB
https://www.rba.gov.au/publications/bulletin/2020/mar/pdf/the-cost-of-card-payments-for-merchants.pdf
Retail Payments Regulation and Policy Issues
15 Oct 2020
PSB Annual Report
– 2020
With the majority of debit cards on issue in Australia being dual-network cards and there being a significant increase in the share of debit card transactions over the past decade, ... From July 2020, eftpos introduced new ‘package rate’ interchange
https://www.rba.gov.au/publications/annual-reports/psb/2020/retail-payments-regulation-and-policy-issues.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