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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Interchange fees | 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/interchange-fees.html
Developments in Retail Payments | Review of Retail Payments Regulation – Issues Paper
9 Mar 2023
Review of Retail Payments Regulation – Issues Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/developments-in-retail-payments.html
Appendix A: Varied standards | 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/appendix-a.html
Introduction | 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/introduction.html
Scheme fees | 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/scheme-fees.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
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