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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Payments System Issues – Payments Council MoU, EFTPOS Access Regime and Review of Card Payments Regulation
28 Aug 2015
Media Releases
Media Release Payments System Issues – Payments Council MoU, EFTPOS Access Regime and Review of Card Payments Regulation. ... The Board also discussed its ongoing review of card payments regulation at its 21 August meeting.
https://www.rba.gov.au/media-releases/2015/mr-15-14.html
Reform of Credit Card Schemes in Australia
19 Sep 2003
Media Releases
Announces that the RBA welcomes today's decision by the Federal Court which dismissed an application by Visa International and MasterCard International challenging credit card reforms. The Court's decision clears the way for the final implementation
https://www.rba.gov.au/media-releases/2003/mr-03-12.html
Study of Interchange Fees and access in Debit and Credit Card Schemes Australian Competition and Consumer Commission and the Reserve Bank…
16 Sep 1999
Media Releases
Joint study into interchange fees for debit and credit cards, and membership criteria for credit cards
https://www.rba.gov.au/media-releases/1999/mr-99-accc.html
Joint Media Release: Debit and Credit Card Schemes in Australia: A Study of Interchange Fees and Access
10 Oct 2000
Media Release
Joint Media Release Debit and Credit Card Schemes in Australia A Study of Interchange Fees and Access. ... aspect of the Australian payments system – the networks for ATMs, credit cards and debit cards.
https://www.rba.gov.au/media-releases/2000/jmr-rba-accc.html
Interchange Fees for the MasterCard and Visa Schemes
29 Sep 2006
Media Releases
Announcement of calculation of Interchange Fee Benchmarks for the MasterCard and Visa Schemes
https://www.rba.gov.au/media-releases/2006/mr-06-08.html
Update on Payments System Issues
13 Sep 2006
Media Releases
Update on Payments System Issues
https://www.rba.gov.au/media-releases/2006/mr-06-06.html
Payments System Reform
10 Dec 2008
Media Releases
Media release announcing the designation of the ATM system, the release of a consultation document setting out a draft Access Regime of that system and the variation of the Interchange Fee Standards for credit and debit cards
https://www.rba.gov.au/media-releases/2008/mr-08-28.html
Interchange Fees for the Bankcard, Mastercard and Visa Credit Card Schemes
31 Oct 2003
Media Releases
Credit card reform has resulted in interchange fees charged by Bankcard, MasterCard and Visa card schemes to be reduced to around a little over half of their previous level. The Reserve Bank is confident that competition will ensure that the new,
https://www.rba.gov.au/media-releases/2003/mr-03-14.html
Payment System Reform
20 Jul 2005
Media Releases
The Reserve Bank has released for public comment a draft revised standard for the setting of credit card interchange fees, which would mean the establishment of a common benchmark rather than scheme-specific benchmarks for the Bankcard, MasterCard
https://www.rba.gov.au/media-releases/2005/mr-05-08.html
Reform of Debit Card Schemes in Australia
28 Nov 2005
Media Releases
Media release welcoming the Federal Court's decision concerning the RBA's designation of the EFTPOS system
https://www.rba.gov.au/media-releases/2005/mr-05-14.html