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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Consultations

21 Dec 2023
Links to Consultations
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consultations.html

Expectations for Tokenisation of Payment Cards and Storage of PANs

19 Dec 2023
When a merchant or payment service provider chooses network tokenisation for a dual network debit card (DNDC), tokens should be requested and stored for both the domestic and international networks, where ... These minimum requirements should be at least
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/expectations-on-tokenisation/index.html

Card Payments

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
In the 2022 CPS the Reserve Bank included some new questions to gauge consumer awareness of dual network debit cards (DNDCs). ... DNDCs, also called ‘co-badged’ or ‘multi-network’ cards, have access to two debit payment networks on the one card.
https://www.rba.gov.au/publications/rdp/2023/2023-08/card-payments.html
See 11 more results from "RDP 2023-08"

The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

22 Nov 2023 RDP PDF 143KB
RDP 2023-08 supplementary information
https://www.rba.gov.au/publications/rdp/2023/2023-08/rdp-2023-08-read-me.pdf

The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

21 Nov 2023 RDP PDF 2354KB
Keywords: consumer payment choice, consumer survey, dual network debit cards, method of payment, payment systems. ... 5.4 Surcharging of card transactions 27. 5.5 Dual network debit cards 29.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf

Non-technical summary for 'The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey'

20 Nov 2023 RDP PDF 283KB
RDP 2023-08 non-technical summary
https://www.rba.gov.au/publications/rdp/2023/2023-08/rdp-2023-08-non-technical-summary.pdf

2.6 Communication and Community Engagement

19 Oct 2023 RBA Annual Report – October 2023
Communication and Community Engagement | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/communication-and-community-engagement.html

Reserve Bank of Australia Annual Report 2023

16 Oct 2023 RBA Annual Report - 2023 PDF 1078KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/communication-and-community-engagement.pdf

Payments System Board Annual Report 2023

11 Oct 2023 PSB Annual Report - 2023 PDF 2459KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/psb-annual-report-2023.pdf

Payments System Regulation and Policy Issues

11 Oct 2023 PSB Annual Report - 2023 PDF 347KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/payments-system-regulation-and-policy-issues.pdf