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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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List of tables

14 Sep 2017 PSB Annual Report – 2017
13.6. Dual-network debit. –. 4.5. Strategic merchant. (b). 0.0 to 4.5. –. ... b) As of July 2017, eftpos has three tiers of strategic merchant rates for each of the proprietary, dual-network and digital categories; prior to this, strategic rates were
https://www.rba.gov.au/publications/annual-reports/psb/2017/tables.html

Regulatory Developments in Retail Payments

2 Oct 2013 PSB Annual Report – 2013
The outcome will safeguard the rights of Australian card-issuing banks and institutions to maintain existing dual-network arrangements in the contactless environment. ... present. The Board has asked the Bank to maintain liaison with the industry on
https://www.rba.gov.au/publications/annual-reports/psb/2013/reg-dev-ret-pay.html

Mobile Wallet Technology | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016

10 Dec 2016 Consultations
Dual-Network Cards and Mobile Wallet Technology 3. Mobile Wallet Technology. Consultation Paper. ... However, equivalent processes can be followed where the card is a dual-network card.
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/mobile-wallet-technology.html

The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper

28 Sep 2023 Consultations
The Australian Debit Card Market: Default Settings and Tokenisation September 2023.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/conclusions-paper/

List of tables

20 Sep 2018 PSB Annual Report – 2018
Number. Value. $. Number. Value. Number. Value. Cards. 73.5. 5.4. 68. ... 0.0 to 3.6. 1.8 to 9.1. Dual network. 4.5. 4.5. Strategic categories.
https://www.rba.gov.au/publications/annual-reports/psb/2018/tables.html

Consultation and Next Steps | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016

10 Dec 2016 Consultations
Dual-Network Cards and Mobile Wallet Technology 5. Consultation and Next Steps.
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/consultation-and-next-steps.html

Retail Payments Regulation and Policy Issues

17 Oct 2019 PSB Annual Report – 2019
Dual-network debit cards have access to two networks – the domestic eftpos scheme and one of the two international schemes, Debit Mastercard and Visa Debit. ... The Board also stressed that the benefits to competition from LCR should not be prevented
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html

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

Retail Payments Regulation and Policy Issues

14 Sep 2017 PSB Annual Report – 2017
A public consultation was held in response to concerns about possible restrictions on the ability of card issuers and mobile wallet providers to enable both networks on dual-network debit cards ... In 2013, the Bank had received voluntary undertakings by
https://www.rba.gov.au/publications/annual-reports/psb/2017/retail-payments-regulation-and-policy-issues.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