Search: dual-network card

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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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Domestic Financial Conditions

4 Nov 2022 SMP – November 2022
in part because consumers shifted to using debit cards rather than credit cards). ... This growth in personal credit has largely reflected increases in outstanding credit card balances, consistent with strong nominal consumption growth, and follows a
https://www.rba.gov.au/publications/smp/2022/nov/domestic-financial-conditions.html

Domestic Financial Conditions

3 Nov 2022 SMP - November 2022 PDF 1965KB
https://www.rba.gov.au/publications/smp/2022/nov/pdf/03-domestic-financial-conditions.pdf

Statement on Monetary Policy

3 Nov 2022 SMP - November 2022 PDF 7804KB
https://www.rba.gov.au/publications/smp/2022/nov/pdf/statement-on-monetary-policy-2022-11.pdf

Statement on Monetary Policy

24 Feb 2022 SMP - February 2022 PDF 5983KB
https://www.rba.gov.au/publications/smp/2022/feb/pdf/statement-on-monetary-policy-2022-02.pdf

Domestic Financial Conditions

24 Feb 2022 SMP - February 2022 PDF 2436KB
https://www.rba.gov.au/publications/smp/2022/feb/pdf/03-domestic-financial-conditions.pdf

Domestic Financial Conditions

4 Feb 2022 SMP – February 2022
Much of the decline in personal credit over the past six months has been driven by lower credit card debt, consistent with consumers having had reduced opportunities for spending during lockdowns. ... In addition, BHP removed its dual-listed company
https://www.rba.gov.au/publications/smp/2022/feb/domestic-financial-conditions.html

Statement on Monetary Policy

30 Nov 2021 SMP - November 2021 PDF 6102KB
https://www.rba.gov.au/publications/smp/2021/nov/pdf/statement-on-monetary-policy-2021-11.pdf

Domestic Financial Conditions

5 Nov 2021 SMP – November 2021
Much of the recent decline was driven by lower credit card debt, consistent with consumers having had reduced opportunities for spending during lockdowns at the same time that government payments were
https://www.rba.gov.au/publications/smp/2021/nov/domestic-financial-conditions.html

Domestic Financial Conditions

4 Nov 2021 SMP - November 2021 PDF 2535KB
https://www.rba.gov.au/publications/smp/2021/nov/pdf/03-domestic-financial-conditions.pdf

Domestic Financial Conditions

6 Aug 2021 SMP – August 2021
Much of this reflected an increase in spending on credit cards alongside the recovery in economic conditions as restrictions to contain the virus had eased.
https://www.rba.gov.au/publications/smp/2021/aug/domestic-financial-conditions.html