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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Financial Conditions
7 May 2024
SMP
– May 2024
Financial Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/financial-conditions.html
Financial Conditions
6 Feb 2024
SMP
– February 2024
Financial Conditions | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/financial-conditions.html
Domestic Financial Conditions
10 Nov 2023
SMP
– November 2023
Domestic Financial Conditions | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/domestic-financial-conditions.html
Domestic Financial Conditions
10 Feb 2023
SMP
– February 2023
By contrast, growth in personal credit (4 per cent of total credit) increased slightly over the quarter, largely driven by increases in outstanding credit card balances and consistent with strong nominal
https://www.rba.gov.au/publications/smp/2023/feb/domestic-financial-conditions.html
Domestic Financial Conditions
4 Nov 2022
SMP
– November 2022
in part because consumers shifted to using debit cards rather than credit cards). ... This growth in personal credit has largely reflected increases in outstanding credit card balances, consistent with strong nominal consumption growth, and follows a
https://www.rba.gov.au/publications/smp/2022/nov/domestic-financial-conditions.html
Domestic Financial Conditions
4 Feb 2022
SMP
– February 2022
Much of the decline in personal credit over the past six months has been driven by lower credit card debt, consistent with consumers having had reduced opportunities for spending during lockdowns. ... In addition, BHP removed its dual-listed company
https://www.rba.gov.au/publications/smp/2022/feb/domestic-financial-conditions.html
Domestic Financial Conditions
5 Nov 2021
SMP
– November 2021
Much of the recent decline was driven by lower credit card debt, consistent with consumers having had reduced opportunities for spending during lockdowns at the same time that government payments were
https://www.rba.gov.au/publications/smp/2021/nov/domestic-financial-conditions.html
Domestic Financial Conditions
6 Aug 2021
SMP
– August 2021
Much of this reflected an increase in spending on credit cards alongside the recovery in economic conditions as restrictions to contain the virus had eased.
https://www.rba.gov.au/publications/smp/2021/aug/domestic-financial-conditions.html
Domestic Financial Conditions
6 May 2021
SMP
– May 2021
Much of this reflects an increase in spending on credit cards alongside the recovery in economic conditions as restrictions to contain the virus were eased.
https://www.rba.gov.au/publications/smp/2021/may/domestic-financial-conditions.html
Domestic Financial Conditions
4 Feb 2021
SMP
– February 2021
Around half of the decline in personal credit between March and September was due to the decline in outstanding credit card debt, reflecting lower credit card spending by households and borrowers ... More recently, spending on credit cards has increased
https://www.rba.gov.au/publications/smp/2021/feb/domestic-financial-conditions.html