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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

8 May 2024 Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/

Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

8 May 2024 Submissions
network.”. In response to this, and other concerns expressed about interchange pricing in credit card networks, the Wallis Inquiry recommended:. ... The study does not see a continued need for an interchange fee in the debit card network.”.
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Introduction

8 May 2024 Submissions
The major points include:. There are a wide range of card products and issuers in the Australian credit card market, and while ‘standard’ interest rates on credit cards tend to be ... cards still provide an incentive for credit card use for many
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/introduction.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-References

8 May 2024 Submissions
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates. ... Payments Consulting Network (2014), ‘2013 Australian ATM and Branch Automation Market Study’, 30 May.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/references.html

Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees – 21 March 2003 | Payments System | Submissions

21 Mar 2003 Submissions
and Credit Card Schemes in Australia: A Study of Interchange Fees and Access (the “Joint Study”). ... Merchants will therefore be significant direct beneficiaries of debit and credit card reform, taken together, in terms of the net costs they incur
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates – August 2015 | Financial Sector | Submissions

1 May 2012 Submissions
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates - August 2015
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/

The Australian Securities and Investments Commission's Review of the EFT Code of Conduct – April 2007 | Payments System | Submissions

8 May 2024 Submissions
In particular, the Reserve Bank believes there is merit in considering changes to the drafting of the EFT Code that would clarify the obligations of ATM owners and card-issuing institutions ... One of those concerns was that the EFT Code currently
https://www.rba.gov.au/publications/submissions/payments-system/asic-review-of-eft-code-of-conduct/index.html

Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions

8 May 2024 Submissions
Credit cards and some debit cards allow payments to be initiated by a merchant with the customer's card number and associated security information. ... However, the NPP does not currently provide access to some account types, including credit card and
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html

Financial Sector | Submissions

8 May 2024 Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/financial-sector/

Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions

8 May 2024 Submissions
and credit cards, meaning NFC payments can generally be accepted by any card terminal that accepts contactless payments with a plastic card. ... For digital wallet services, this network includes card issuers, cardholders that use digital wallets and
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html