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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Consultations | Consultations
16 Jun 2023
Consultations
Index of Consultations
https://www.rba.gov.au/publications/consultations/
Regulatory Framework
9 Mar 2023
The Bank has also explicitly stated that it expects large and medium-sized card issuers to issue ‘dual-network’ debit cards (DNDCs), which allow domestic debit payments to be processed via ... The Bank also introduced an expectation that all debit
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/regulatory-framework.html
Submissions on Consultation on Dual-Network Cards and Mobile Wallet Technology
9 Mar 2023
Payments System Board Submissions on Consultation on Dual-Network Cards and Mobile Wallet Technology
https://www.rba.gov.au/payments-and-infrastructure/submissions/dual-network-cards-mobile-wallet-technology/
Dual-Network Cards and Mobile Wallet Technology | Consultations
10 Dec 2016
Consultations
Consultation on Changes to the Bank's Standards for Card Payment Systems
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology.html
The Australian Debit Card Market: Default Settings and Tokenisation – June 2023 | Consultations
16 Jun 2023
Consultations
The Bank has released an Issues Paper outlining some options for further enhancing the competitiveness, efficiency and safety of Australia’s debit card market.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/
3. Dual-network debit cards and least-cost routing | Review of Retail Payments Regulation – Conclusions Paper
9 Mar 2023
Review of Retail Payments Regulation – Conclusions Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/conclusions-paper-202110/dual-network-debit-cards-and-least-cost-routing.html
Review of Retail Payments Regulation: Conclusions
22 Oct 2021
Media Releases
The Payments System Board’s Review of Retail Payments Regulation has concluded with the release of a Conclusions Paper. The Payments System Board has also announced an exemption from aspects of the Access Regime for the ATM System.
https://www.rba.gov.au/media-releases/2021/mr-21-23.html
Payments System Board Update: August 2023 Meeting
17 Aug 2023
Media Releases
Today's Payments System Board meeting discussed the annual Assessment of the ASX clearing and settlement facilities against the Financial Stability Standards, the oversight of international financial market infrastructures, prominent payment systems,
https://www.rba.gov.au/media-releases/2023/mr-23-20.html
Applications for Authorisation in Relation to 3D Secure – February 2016 | Payments System | Submissions
19 May 2023
Submissions
According to data published by APCA, total losses from fraudulent debit, credit and charge card transactions on cards issued and/or acquired in Australia amounted to $465 million in 2014/15, ... for both schemes on a card issued with dual-network
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-3d-secure/index.html
Leaning In: Towards Better Payment and Clearing Systems
16 May 2019
Speech
Speech delivered by Michele Bullock, Assistant Governor (Financial System), at ASIC Annual Forum, Sydney
https://www.rba.gov.au/speeches/2019/sp-ag-2019-05-16.html