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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Submissions on Review of Retail Payments Regulation
9 Mar 2023
Payments System Board Submissions on Review of Retail Payments Regulation
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/index.html
Payments System Board Update: February 2017 Meeting
17 Feb 2017
Media Releases
At its meeting today, the Payments System Board discussed progress on the New Payments Platform (NPP).
https://www.rba.gov.au/media-releases/2017/mr-17-05.html
Statement of Intent of the Payments System Board
9 Mar 2023
In recent years, the Bank has also taken a number of actions to enhance competitive pressure in the debit card market by supporting the issuance and use of dual-network debit ... cards and encouraging acquirers to provide merchants with the ability to
https://www.rba.gov.au/about-rba/boards/psb/psb-statement-of-intent.html
Payments System Board Update: November 2016 Meeting
18 Nov 2016
Media Releases
At its meeting today the Payments System Board discussed strategic priorities for the Bank's payments policy work, including some issues relating to technology, competition and efficiency.
https://www.rba.gov.au/media-releases/2016/mr-16-28.html
Payments System Board Update: February 2021 Meeting
19 Feb 2021
Media Releases
At its meeting today, the Payments System Board discussed the Bank�s review of retail payments regulation and the Treasury review of the Australian payments system, cyber risks in the Australian payments system, operational incidents at the ASX,
https://www.rba.gov.au/media-releases/2021/mr-21-02.html
Abbreviations
8 Oct 2023
PSB Annual Report
- 2023
PDF
65KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/abbreviations.pdf
The Australian Debit Card Market: Default Settings and Tokenisation
19 Jun 2023
Consultations
PDF
397KB
Australia’s debit card market. The key issues are:. 1. The practice of a default routing network being set at issuance on dual-network debit cards. ... 2. Setting a default network on dual-network. debit cards. 2.1 Background.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202306-issues-paper-australian-debit-card-market.pdf
Payments System Board Update: August 2021 Meeting
20 Aug 2021
Media Releases
At its meeting today, the Payments System Board discussed the Bank's review of retail payments regulation, the assessment of the ASX clearing and settlement facilities against the Bank's Financial Stability Standards, payment scams, and an updated
https://www.rba.gov.au/media-releases/2021/mr-21-16.html
Payments System Regulation and Policy Issues
28 Sep 2022
PSB Annual Report
– September 2022
The main new policy measures in this area included:. An expectation that larger debit card issuers will continue to issue dual-network debit cards (DNDCs). ... The introduction of a sub-benchmark for interchange on single-network debit cards (SNDCs),
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html
Executive Summary | The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
28 Sep 2023
Consultations
The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/conclusions-paper/executive-summary.html