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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Consultation | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations
6 Dec 2013
Consultations
Consultation. The Bank released Review of Card System Access Regimes: A Consultation Document, in May 2013. ... In total, 16 submissions were received, including from financial institutions, industry groups, potential members and the card schemes.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/consultation.html
Introduction | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations
6 Dec 2013
Consultations
The Regimes, which came into place in 2004 and 2005, were designed to expand access to the card schemes in Australia and stemmed from concerns that the schemes' restrictions on entry ... Footnote. Card issuing is providing payment cards to individuals or
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/introduction.html
Reasons for a Review of Regulation | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 |…
6 Dec 2013
Consultations
Holders of credit cards do not in the normal course of events have an exposure to credit card issuers as they are receiving credit rather than providing deposits. ... In summary, exposures between card scheme members are protected by each scheme's risk
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/reasons-for-review-regulation.html
Preliminary Assessment | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations
6 Dec 2013
Consultations
interests of current and prospective future participants in the MasterCard and Visa credit card systems and the Visa Debit system. ... Under the proposed framework, regulatory costs will be imposed as a consequence of ADIs' broader banking activities,
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/preliminary-assessment.html
Attachment 1 – Questions Asked in the Initial Consultation | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation…
6 Dec 2013
Consultations
What is the nature of the risks faced by the card schemes and their members if a participant were to fail? ... Are there alternative approaches that would allow a wider range of prospective entrants into the card schemes?
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/attachment-1.html
Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document - December 2013
6 Dec 2013
Consultations
PDF
608KB
MasterCard and Visa Access Regimes
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/pdf/20131206-prop-variations-to-mc-visa-access-regimes.pdf
Draft Variation to the Access Regimes | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | …
6 Dec 2013
Consultations
First, specialist credit card institutions (SCCIs) would be defined to include entities that were SCCIs as at a date to be specified.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/draft-variation-to-the-access-regimes.html
Review of Card System Access Regimes: A Consultation Document – May 2013 | Consultations
28 May 2013
Consultations
At its May 2013 meeting, the Payments System Board decided to hold a public consultation on the access regimes applying to the MasterCard credit and the Visa credit and Visa debit systems
https://www.rba.gov.au/publications/consultations/201305-review-card-sys-access-regimes/
Consultation on Card System Access Regimes | Consultations
28 May 2013
Consultations
Consultation on Card System Access Regimes
https://www.rba.gov.au/publications/consultations/201305-review-card-sys-access-regimes.html
Discussion | Review of Card System Access Regimes: A Consultation Document May 2013 | Consultations
28 May 2013
Consultations
Any reform should strike a balance between increasing competition in the provision of card services (and thereby increase the efficiency of the payments system) and maintaining the safety of the payments ... For example, ‘virtual cards’ issued for
https://www.rba.gov.au/publications/consultations/201305-review-card-sys-access-regimes/discussion.html