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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Reform of Card Payment Systems in Australia
9 Sep 2004
Media Releases
Announces that the RBA has designated the EFTPOS debit card payment system in Australia as a payment system under the Payment Systems (Regulation) Act 1998. Designation is the first step in the possible establishment of standards and/or an access
https://www.rba.gov.au/media-releases/2004/mr-04-08.html
Reform of Card Payment Systems
11 Jun 2004
Media Releases
To promote efficiency and competition in the Australian Payments System, the RBA announces that it is considering whether it would be in the public interest to designate the EFTPOS and ATM payment systems in Australia. The RBA is seeking submissions
https://www.rba.gov.au/media-releases/2004/mr-04-06.html
Payments System Issues: Multi-Network Debit Cards
17 Aug 2012
Media Releases
At its meeting today, the Payments System Board considered the public policy issues relating to multi-network debit cards. These are cards issued by banks and other financial institutions for ATM usage and with debit functionality from more than one
https://www.rba.gov.au/media-releases/2012/mr-12-20.html
Review of Card Payments Regulation: Designation of Payment Systems
15 Oct 2015
Media Releases
The Reserve Bank has designated the American Express companion card system, the Debit MasterCard system, and the eftpos, MasterCard and Visa prepaid card systems
https://www.rba.gov.au/media-releases/2015/mr-15-19.html
Consultation on Changes to the Bank's Standards for Card Payment Systems
3 Dec 2015
Media Releases
Consultation on Changes to the Bank's Standards for Card Payment Systems
https://www.rba.gov.au/media-releases/2015/mr-15-24.html
Reform of Credit Card Schemes in Australia
1 Jul 2003
Media Releases
Release of new regulations to accompany reforms to the credit card market and protect participants from price-fixing action under the Trade Practices Act
https://www.rba.gov.au/media-releases/2003/mr-03-08.html
Reform of Debit Card Systems in Australia
7 Jul 2006
Media Releases
The Reserve Bank introduces reforms for scheme debit systems
https://www.rba.gov.au/media-releases/2006/mr-06-04.html
Payments System Reforms
27 Apr 2006
Media Releases
The Reserve Bank released a package of reforms to the EFTPOS and scheme debits systems. It also revoked the designation of the Bankcard system, which is in the process of winding up, and determined that the Payment Systems (Regulation) Act 1998 does
https://www.rba.gov.au/media-releases/2006/mr-06-02.html
Payment Card Access Regimes
18 Dec 2014
Media Releases
Payment Card Access Regimes
https://www.rba.gov.au/media-releases/2014/mr-14-22.html
Reform of Credit Card Schemes in Australia
18 Mar 2002
Media Releases
Submissions from credit card schemes, banks and other deposit-taking institutions on the proposed reforms to credit card schemes in Australia
https://www.rba.gov.au/media-releases/2002/mr-02-07.html