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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Media Releases – 2023
1 Jan 2023
Media releases
issued in 2023
https://www.rba.gov.au/media-releases/2023/
Final Incident Report RITS and FSS Incident – 12 October 2022
25 Nov 2022
Media Release
PDF
146KB
Multiple instances of critical components, including infrastructure, network, database and application technologies, exist at each of the RBA’s two operational sites. ... The LVCS facilitates bilateral file transfers between low value clearing system
https://www.rba.gov.au/media-releases/2022/pdf/mr-22-40-final-incident-report-rits-and-fss-incident-12-october-2022.pdf
Payments System Board Update: May 2022 Meeting
26 May 2022
Media Releases
Today’s Payments System Board meeting discussed banknote distribution arrangements, the ASX’s CHESS replacement program, payments system regulatory reforms, stablecoin developments, merchant payment costs and the annual assessment of Australia's
https://www.rba.gov.au/media-releases/2022/mr-22-13.html
Payments System Board Update: November 2021 Meeting
19 Nov 2021
Media Releases
At its meeting today, the Payments System Board discussed the Bank's Review of Banknote Distribution Arrangements, recent government reviews and inquiries dealing with payments issues, disclosure of new reliability statistics by retail payments
https://www.rba.gov.au/media-releases/2021/mr-21-27.html
New Statistical Disclosures on Retail Payment Service Reliability
15 Nov 2021
Media Releases
New quarterly standardised statistics on the reliability of payment services provided to households and businesses are being published on the websites of individual service providers. These disclosures are intended to support transparency about
https://www.rba.gov.au/media-releases/2021/mr-21-25.html
Payments System Board Update: August 2020 Meeting
21 Aug 2020
Media Releases
Today’s Payments System Board meeting discussed its annual assessment of the ASX clearing and settlement facilities, work on the Review of Retail Payments Regulation, implications of declining cash use for the provision of cash services, and
https://www.rba.gov.au/media-releases/2020/mr-20-19.html
Payments System Board Update: August 2019 Meeting
16 Aug 2019
Media Releases
The Bank has published a media release outlining topics discussed by the Payments System Board today including: the New Payments Platform; the Assessment of ASX Clearing & Settlement facilities; ATM industry developments and Digital Identity.
https://www.rba.gov.au/media-releases/2019/mr-19-22.html
The Operation of the Interchange Standards: Conclusions and Variation of Standards
31 May 2019
Media Releases
The Reserve Bank has issued a Media Release The Operation of the Interchange Standards: Conclusions.
https://www.rba.gov.au/media-releases/2019/mr-19-14.html
Consultation on the Operation of the Bank's Interchange Standards
28 Feb 2019
Media Releases
Both standards relate to the setting of interchange fees in designated card schemes and net payments to issuers in those schemes. ... In 2015-16, the Bank conducted a review of its card payments regulation which concluded with new standards relating to
https://www.rba.gov.au/media-releases/2019/mr-19-04.html
Payments System Board Update: February 2019 Meeting
25 Feb 2019
Media Releases
At its meeting on Friday 22 February 2019, the Payments System Board discussed a number of issues, including the annual assessment of CME Inc., the recent default at Nasdaq Nordic, a consultation on migration to ISO20022 message formats,
https://www.rba.gov.au/media-releases/2019/mr-19-03.html