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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Concerns about Surcharging Practices | Review of Card Surcharging: A Consultation Document June 2011 | Consultations
7 Jun 2011
Consultations
A related issue is that there appear to be few, if any, instances where merchants apply different surcharges for different cards within a card scheme (that is, ‘differential’ surcharging). ... for different cards simply because they do not know how
https://www.rba.gov.au/publications/consultations/201106-review-card-surcharging/concerns-surcharging-practices.html
Issues for Consultation | Review of Card System Access Regimes: A Consultation Document May 2013 | Consultations
28 May 2013
Consultations
Those issues include the following:. What is the nature of the risks faced by the card schemes and their members if a participant were to fail? ... Are there alternative approaches that would allow a wider range of prospective entrants into the card
https://www.rba.gov.au/publications/consultations/201305-review-card-sys-access-regimes/issues-for-consultation.html
Policy Options and Discussion | Review of Card Surcharging: A Consultation Document June 2011 | Consultations
7 Jun 2011
Consultations
A transaction made with a premium/platinum card will, therefore, at many merchants incur a higher merchant service fee than a transaction on a standard card because premium/ platinum cards attract ... differentially across cards within a card scheme if
https://www.rba.gov.au/publications/consultations/201106-review-card-surcharging/policy-options-discussion.html
Summary of Issues for Consultation | Review of Card Surcharging: A Consultation Document June 2011 | Consultations
7 Jun 2011
Consultations
Is the merchant service fee an appropriate measure of the cost of card acceptance (that can be applied consistently across all merchants)? ... merchant? Is there a case for disclosure of the cost of card acceptance by merchants?
https://www.rba.gov.au/publications/consultations/201106-review-card-surcharging/summary-issues-consultation.html
Background and Potential Issues | Review of Card System Access Regimes: A Consultation Document May 2013 | Consultations
28 May 2013
Consultations
undertake issuing or acquiring activities in the MasterCard and Visa credit card systems. ... The Bank is aware of an increasing number of entities – often foreign corporations focusing on non-traditional products such as ‘virtual cards’ – with
https://www.rba.gov.au/publications/consultations/201305-review-card-sys-access-regimes/background-potential-issues.html
Attachment 2 – Draft Variation to the Access Regimes | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document…
6 Dec 2013
Consultations
the public interest; and. the financial stability of the designated credit card system. ... This Access Regime applies to the credit card system operated within Australia known as the [ ] system or the [ ] network card system designated on 12 April 2001
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/attachment-2.html
Consultation on Changes to the Bank's Standards for Card Payment Systems | Consultations
3 Dec 2015
Consultations
Consultation on Changes to the Bank's Standards for Card Payment Systems
https://www.rba.gov.au/publications/consultations/201512-consultation-on-changes-to-the-banks-standards-for-card-payments-systems.html
Consultation | A Variation to the Surcharging Standards: A Consultation Document December 2011 | Consultations
10 Dec 2011
Consultations
merchant? Is there a case for disclosure of the cost of card acceptance by merchants? ... Indeed, the merchant service fees charged to many merchants do not differentiate between card types, even though the mix of cards may influence the level of fees
https://www.rba.gov.au/publications/consultations/201112-variation-surcharging-standards/consultation.html
Insights into the Impact of Payment Systems Reforms | Results of the Reserve Bank of Australia's 2010 Consumer Payments Use Study June 2011 …
7 Jun 2011
Consultations
This question was intended to examine consumer responses to ‘differential’ surcharging across card schemes. ... sensitivity of consumers to the higher surcharges that American Express/Diners Club cards typically attract.
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/results/impact-payment-systems-reforms.html
Attachment 3 | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations
8 Jun 2012
Consultations
debit card transaction’ or ‘transaction’ means a transaction in Australia using the EFTPOS system;. ... an ‘issuer’ is a participant in the EFTPOS system that issues debit cards to its customers;.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/attachment-3.html