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
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
Payments System Regulation and Policy Issues
27 Sep 2023
PSB Annual Report
– September 2023
Payments System Regulation and Policy Issues | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/payments-system-regulation-and-policy-issues.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
About the Payments System Board
27 Sep 2023
PSB Annual Report
– September 2023
About the Payments System Board | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/about-the-payments-system-board.html
Annual Performance Statement for 2021/22
27 Oct 2022
RBA Annual Report
– October 2022
Monitor the outcomes for consumers and businesses following past reviews of the regulatory framework for card payments. ... In 2021/22, the Bank focused on:. least-cost routing (LCR) functionality, where merchants can choose to route transactions on
https://www.rba.gov.au/publications/annual-reports/rba/2022/annual-performance-statement.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
Abbreviations
28 Sep 2022
PSB Annual Report
– 2022
Australian Dollar. AusPayNet. Australian Payments Network. AUSTRAC. Australian Transaction Reports and Analysis Centre. ... DNDC. Dual-network debit card. EMEAP. Executives' Meeting of East Asia-Pacific Central Banks.
https://www.rba.gov.au/publications/annual-reports/psb/2022/abbreviations.html
About the Payments System Board
28 Sep 2022
PSB Annual Report
– September 2022
expectations on issuance of dual-network debit cards and least-cost routing of debit transactions. ... including financial institutions, card schemes, retail acquirers, the Australian Payments Network and the Bank (in its role as provider of banking
https://www.rba.gov.au/publications/annual-reports/psb/2022/about-the-payments-system-board.html
Retail Payments Regulation and Policy Issues
21 Oct 2021
PSB Annual Report
– 2021
The Review has addressed a range of payments policy issues, including: how to support dual-network debit card (DNDC) issuance and the provision of least-cost routing (LCR); the levels of ... Visa and Mastercard introduced additional strategic merchant
https://www.rba.gov.au/publications/annual-reports/psb/2021/retail-payments-regulation-and-policy-issues.html
Abbreviations
21 Oct 2021
PSB Annual Report
– 2021
Australian Dollar. AusPayNet. Australian Payments Network. AUSTRAC. Australian Transaction Reports and Analysis Centre. ... DNDC. Dual-network debit card. EMEAP. Executives' Meeting of East Asia-Pacific Central Banks.
https://www.rba.gov.au/publications/annual-reports/psb/2021/abbreviations.html