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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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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
Michele Bullock
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

Introduction | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016

10 Dec 2016 Consultations
Dual-Network Cards and Mobile Wallet Technology 1. Introduction. Consultation Paper. December 2016. ... This consultation paper deals with some issues that have a bearing on competition between payment networks that are enabled on existing dual-network
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/introduction.html

Dual-Network Cards and Mobile Wallet Technology: Consultation Paper - December 2016

7 Dec 2016 Consultations PDF 524KB
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/pdf/20161207-dual-network-cards-and-mobile-wallet-technology.pdf

The Cost of Card Payments for Merchants

15 Sep 2022 Bulletin – September 2022
Troy Gill, Cara Holland and Georgia Wiley
The average cost for a merchant to accept a card payment has declined over recent years.
https://www.rba.gov.au/publications/bulletin/2022/sep/the-cost-of-card-payments-for-merchants.html

Consultations

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

Some Emerging Issues | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016

10 Dec 2016 Consultations
Dual-Network Cards and Mobile Wallet Technology 4. Some Emerging Issues. Consultation Paper. ... Do cardholders, issuers or others have views as to the feasibility of different possible ways of provisioning dual-network cards?
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/some-emerging-issues.html

Payments System Board Update: May 2023 Meeting

25 May 2023 Media Releases
Today’s Payments System Board meeting discussed the Bank’s targeted self-assessment of Australia's real-time gross settlement system against the relevant international standards, the pricing of New Payments Platform services, competition in the
https://www.rba.gov.au/media-releases/2023/mr-23-11.html

The Cost of Card Payments for Merchants

19 Mar 2020 Bulletin – March 2020
Kateryna Occhiutto
Data on merchants’ costs of accepting card payments show large differences in payment costs across both merchants and card systems.
https://www.rba.gov.au/publications/bulletin/2020/mar/the-cost-of-card-payments-for-merchants.html

Merchant Payment Costs and Least-cost Routing

13 Dec 2017 Speech
Anthony Richards
Speech delivered by Tony Richards, Head of Payments Policy, at the Australian Payment Summit 2017, Sydney
https://www.rba.gov.au/speeches/2017/sp-so-2017-12-13.html