Search: dual-network card

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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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Dual-Network Cards and Mobile Wallet Technology: Consultation Paper

7 Dec 2016 Media Releases
The Reserve Bank has issued a consultation paper: Dual-Network Cards and Mobile Wallet Technology.
https://www.rba.gov.au/media-releases/2016/mr-16-31.html

Dual-network Debit Cards

21 Aug 2013 Media Releases
At its meeting on 16 August, the Payments System Board welcomed the outcome of discussions that Bank staff have had involving the three debit card networks (eftpos, MasterCard and Visa) over dual-network debit cards
https://www.rba.gov.au/media-releases/2013/mr-13-16.html

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

28 Sep 2023 Media Releases
The Reserve Bank of Australia has released a Conclusions Paper setting out the conclusions of its recent public consultation on options for further enhancing the competitiveness, efficiency and safety of Australia’s debit card market.
https://www.rba.gov.au/media-releases/2023/mr-23-24.html

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

16 Jun 2023 Media Releases
The Bank has released an Issues Paper outlining some options for further enhancing the competitiveness, efficiency and safety of Australia’s debit card market.
https://www.rba.gov.au/media-releases/2023/mr-23-14.html

Expectations for Tokenisation of Payment Cards and Storage of PANs

21 Dec 2023 Media Releases
The Bank has released a final set of expectations for the Tokenisation of Payment Cards and Storage of PANs, aimed at improving security, efficiency and competition for online card payments.
https://www.rba.gov.au/media-releases/2023/mr-23-37.html

Innovation and Regulation in the Australian Payments System

7 Dec 2020 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, to the Australian Payments Network, Online
https://www.rba.gov.au/speeches/2020/sp-gov-2020-12-07.html

What's on the Cards?

10 Dec 2019 Speech
Anthony Richards
Speech delivered by Tony Richards, Head of Payments Policy Department, Australian Payments Network Summit, Sydney
https://www.rba.gov.au/speeches/2019/sp-so-2019-12-10.html

Review of Retail Payments Regulation: Conclusions

22 Oct 2021 Media Releases
The Payments System Board’s Review of Retail Payments Regulation has concluded with the release of a Conclusions Paper. The Payments System Board has also announced an exemption from aspects of the Access Regime for the ATM System.
https://www.rba.gov.au/media-releases/2021/mr-21-23.html

Leaning In: Towards Better Payment and Clearing Systems

16 May 2019 Speech
Michele Bullock
Speech delivered by Michele Bullock, Assistant Governor (Financial System), at ASIC Annual Forum, Sydney
https://www.rba.gov.au/speeches/2019/sp-ag-2019-05-16.html

Merchant Payment Costs and Least-cost Routing

13 Dec 2017 Speech
Anthony Richards
Speech delivered by Tony Richards, Head of Payments Policy, at the Australian Payment Summit 2017, Sydney
https://www.rba.gov.au/speeches/2017/sp-so-2017-12-13.html