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.
Search Results
Payments System Board Update: May 2018 Meeting
18 May 2018
Media Releases
At its meeting today, the Payments System Board reviewed industry progress on providing merchants with the ability to route contactless debit card transactions to their lowest-cost processing network. Least-cost routing (LCR), or merchant routing,
https://www.rba.gov.au/media-releases/2018/mr-18-12.html
Payments System Board Update: February 2018 Meeting
23 Feb 2018
Media Releases
At its meeting today, the Payments System Board considered issues including the public launch of the New Payments Platform, least-cost routing of transactions on contactless debit cards, card-not-present fraud, technology and the evolving nature of
https://www.rba.gov.au/media-releases/2018/mr-18-04.html
Panic, Pandemic and Payment Preferences
5 Jun 2020
Speech
PDF
256KB
Second, and particularly relevant for card payments, is least-cost routing. Least-cost routing putssome power into the hands of merchants by providing them the ability to route a dual-network ... called dual-network debit cards.
https://www.rba.gov.au/speeches/2020/pdf/sp-ag-2020-06-03.pdf
Payments System Board Update: February 2017 Meeting
17 Feb 2017
Media Releases
At its meeting today, the Payments System Board discussed progress on the New Payments Platform (NPP).
https://www.rba.gov.au/media-releases/2017/mr-17-05.html
Payments System Board Update: November 2016 Meeting
18 Nov 2016
Media Releases
At its meeting today the Payments System Board discussed strategic priorities for the Bank's payments policy work, including some issues relating to technology, competition and efficiency.
https://www.rba.gov.au/media-releases/2016/mr-16-28.html
Payments System Board Update: February 2021 Meeting
19 Feb 2021
Media Releases
At its meeting today, the Payments System Board discussed the Bank�s review of retail payments regulation and the Treasury review of the Australian payments system, cyber risks in the Australian payments system, operational incidents at the ASX,
https://www.rba.gov.au/media-releases/2021/mr-21-02.html
Payments System Board Update: August 2021 Meeting
20 Aug 2021
Media Releases
At its meeting today, the Payments System Board discussed the Bank's review of retail payments regulation, the assessment of the ASX clearing and settlement facilities against the Bank's Financial Stability Standards, payment scams, and an updated
https://www.rba.gov.au/media-releases/2021/mr-21-16.html
11/29/2018 Opening Panel Remarks on the Regulatory Landscape for ...
28 Nov 2018
Speech
PDF
199KB
However, somesensible consolidation of the ATM network could result in a more efficient and sustainable ATMindustry – one possibility is that this could come through some form of industry utility. ... In particular,where a customer uses a dual-network
https://www.rba.gov.au/speeches/2018/pdf/sp-so-2018-11-27.pdf
Transcript of Question & Answer Session on 13 December 2017
13 Dec 2017
Speech
Transcript of Question & Answer Session, Australian Payment Summit 2017, Sydney
https://www.rba.gov.au/speeches/2017/sp-so-2017-12-13-q-and-a-transcript.html
Transcript of Question & Answer Session on 03 May 2022
3 May 2022
Speech
Transcript of Question & Answer Session , Opening Address to the Real Time Payments Summit 21/22, ICC, Sydney
https://www.rba.gov.au/speeches/2022/sp-so-2022-05-03-q-and-a-transcript.html