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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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Annual Performance Statement

9 Aug 2023 RBA Annual Report - 2022 PDF 186KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/annual-performance-statement.pdf

Annual Performance Statement for 2021/22

27 Oct 2022 RBA Annual Report – October 2022
Monitor the outcomes for consumers and businesses following past reviews of the regulatory framework for card payments. ... In 2021/22, the Bank focused on:. least-cost routing (LCR) functionality, where merchants can choose to route transactions on
https://www.rba.gov.au/publications/annual-reports/rba/2022/annual-performance-statement.html

Reserve Bank of Australia Annual Report 2021

29 Sep 2022 RBA Annual Report 2021 PDF 6721KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/2021-report.pdf

Payments System Regulation and Policy Issues

28 Sep 2022 PSB Annual Report – September 2022
The main new policy measures in this area included:. An expectation that larger debit card issuers will continue to issue dual-network debit cards (DNDCs). ... The introduction of a sub-benchmark for interchange on single-network debit cards (SNDCs),
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html

Abbreviations

28 Sep 2022 PSB Annual Report – 2022
Australian Dollar. AusPayNet. Australian Payments Network. AUSTRAC. Australian Transaction Reports and Analysis Centre. ... DNDC. Dual-network debit card. EMEAP. Executives' Meeting of East Asia-Pacific Central Banks.
https://www.rba.gov.au/publications/annual-reports/psb/2022/abbreviations.html

About the Payments System Board

28 Sep 2022 PSB Annual Report – September 2022
expectations on issuance of dual-network debit cards and least-cost routing of debit transactions. ... including financial institutions, card schemes, retail acquirers, the Australian Payments Network and the Bank (in its role as provider of banking
https://www.rba.gov.au/publications/annual-reports/psb/2022/about-the-payments-system-board.html

Abbreviations

27 Sep 2022 PSB Annual Report - 2022 PDF 76KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/abbreviations.pdf

Payments System Board Annual Report 2022

27 Sep 2022 PSB Annual Report - 2022 PDF 2830KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/psb-annual-report-2022.pdf

Payments System Regulation and Policy Issues

27 Sep 2022 PSB Annual Report - 2022 PDF 318KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/payments-system-regulation-and-policy-issues.pdf

About the Payments System Board

27 Sep 2022 PSB Annual Report - 2022 PDF 554KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/about-the-payments-system-board.pdf