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.
Search Results
Payments System Board Update: August 2018 Meeting
24 Aug 2018
Media Releases
At its meeting today, the Payments System Board discussed issues including the 2018 assessment of the ASX Clearing and Settlement Facilities, the ASX CHESS replacement consultation, the Productivity Commission's Final Report on Competition in the
https://www.rba.gov.au/media-releases/2018/mr-18-19.html
Review of Card Payments Regulation - November 2019 | Consultations
10 Nov 2019
Consultations
Review of Card Payments Regulation
https://www.rba.gov.au/publications/consultations/201911-review-of-card-payments-regulation.html
Media Releases – 2013
31 Dec 2013
Media releases
issued in 2013
https://www.rba.gov.au/media-releases/2013/
Retail Payments Regulation and Policy Issues
14 Sep 2017
PSB Annual Report
– 2017
A public consultation was held in response to concerns about possible restrictions on the ability of card issuers and mobile wallet providers to enable both networks on dual-network debit cards ... In 2013, the Bank had received voluntary undertakings by
https://www.rba.gov.au/publications/annual-reports/psb/2017/retail-payments-regulation-and-policy-issues.html
Payments System Board Update: May 2018 Meeting
18 May 2018
Media Releases
At its meeting today, the Payments System Board reviewed industry progress on providing merchants with the ability to route contactless debit card transactions to their lowest-cost processing network. Least-cost routing (LCR), or merchant routing,
https://www.rba.gov.au/media-releases/2018/mr-18-12.html
Abbreviations
27 Sep 2023
PSB Annual Report
– 2023
ATM. Automated teller machine. AUD. Australian Dollar. AusPayNet. Australian Payments Network. ... CS facility. Clearing and settlement facility. DNDC. Dual-network debit card. eftpos.
https://www.rba.gov.au/publications/annual-reports/psb/2023/abbreviations.html
Payments System Board Update: February 2018 Meeting
23 Feb 2018
Media Releases
At its meeting today, the Payments System Board considered issues including the public launch of the New Payments Platform, least-cost routing of transactions on contactless debit cards, card-not-present fraud, technology and the evolving nature of
https://www.rba.gov.au/media-releases/2018/mr-18-04.html
Executive Summary | 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/executive-summary.html
Panic, Pandemic and Payment Preferences
5 Jun 2020
Speech
PDF
256KB
Second, and particularly relevant for card payments, is least-cost routing. Least-cost routing putssome power into the hands of merchants by providing them the ability to route a dual-network ... called dual-network debit cards.
https://www.rba.gov.au/speeches/2020/pdf/sp-ag-2020-06-03.pdf
Bulletin September Quarter 2022
14 Sep 2022
Bulletin
- September 2022
PDF
8931KB
https://www.rba.gov.au/publications/bulletin/2022/sep/pdf/bulletin-2022-09.pdf