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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Payments System Board Update: May 2019 Meeting
24 May 2019
Media Releases
Least-cost routing of debit card transactions. The Board has been supportive of dual-network debit cards because they provide convenience and choice to both consumers and merchants and can help ... The Board stressed that the benefits to competition from
https://www.rba.gov.au/media-releases/2019/mr-19-13.html
Regulatory Developments in Retail Payments
2 Oct 2013
PSB Annual Report
– 2013
The outcome will safeguard the rights of Australian card-issuing banks and institutions to maintain existing dual-network arrangements in the contactless environment. ... present. The Board has asked the Bank to maintain liaison with the industry on
https://www.rba.gov.au/publications/annual-reports/psb/2013/reg-dev-ret-pay.html
Review of Retail Payments Regulation – Conclusions Paper
9 Mar 2023
Review of Retail Payments Regulation October 2021. Conclusions Paper. Download the complete Document 1.7. MB. Reserve Bank of Australia 2021. All rights reserved. The contents of this publication shall not be reproduced, sold or distributed without
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/conclusions-paper-202110/index.html
Payments System Board Update: November 2022 Meeting
24 Nov 2022
Media Releases
At its meeting today, the Payments System Board discussed the recent technology outage at the Bank, ASX CHESS replacement, cyber resilience at payments and market infrastructures, payments reforms including common access requirements, least-cost
https://www.rba.gov.au/media-releases/2022/mr-22-39.html
Panic, Pandemic and Payment Preferences
3 Jun 2020
Speech
Speech delivered by Michele Bullock, Assistant Governor (Financial System), Morgan Stanley Disruption Evolved Webcast, Sydney
https://www.rba.gov.au/speeches/2020/sp-ag-2020-06-03.html
Payments System Board Update: November 2017 Meeting
17 Nov 2017
Media Releases
At its meeting today, the Payments System Board discussed issues including the cost of payments to merchants, trends in card fraud, developments in the ATM industry and the assessment of LCH Ltd's SwapClear Service.
https://www.rba.gov.au/media-releases/2017/mr-17-24.html
Consultation on Preliminary Conclusions to the Review of Retail Payments Regulation
28 May 2021
Media Releases
At its meeting on 21 May, the Payments System Board approved a consultation on a proposed package of policy actions related to the Bank's retail payments regulation. The Bank has today released a Consultation Paper setting out the proposed policy
https://www.rba.gov.au/media-releases/2021/mr-21-08.html
List of tables
20 Sep 2018
PSB Annual Report
– 2018
Number. Value. $. Number. Value. Number. Value. Cards. 73.5. 5.4. 68. ... 0.0 to 3.6. 1.8 to 9.1. Dual network. 4.5. 4.5. Strategic categories.
https://www.rba.gov.au/publications/annual-reports/psb/2018/tables.html
Review of Retail Payments Regulation – Issues Paper
29 Nov 2019
Media Releases
The Payments System Board’s Review of Retail Payments Regulation has commenced with the release of an Issues Paper
https://www.rba.gov.au/media-releases/2019/mr-19-32.html
Bulletin
17 Apr 2024
Bulletin
- April 2024
PDF
7253KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/bulletin-2024-04.pdf