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
Real-time Payments in Australia
5 May 2022
Speech
PDF
265KB
payments. In Australia,card payments are the dominant payment method for both in-store and online purchases. ... It is alsointeresting to note that Australians make debit card payments more frequently than in comparablecountries (Graph 3).
https://www.rba.gov.au/speeches/2022/pdf/sp-so-2022-05-03.pdf
Policymaking at the Reserve Bank
18 Oct 2022
Speech
PDF
489KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-dg-2022-10-18.pdf
Payments: The Future?
8 Dec 2021
Speech
PDF
299KB
Philip LoweGovernor. Address to the Australian Payments Network Summit 2021 Online – 9 December 2021. ... There has been particularly strong growth in debit card transactions as peoplehave switched from credit to debit.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-12-09.pdf
22/09/2020 New Financial Statistics: The Value of Sound Data ...
22 Sep 2020
Speech
PDF
172KB
That is, people were spending less and so were accumulatingless credit card debt. ... Taken together, these developments have worked toreduce the stock of outstanding credit card debt.
https://www.rba.gov.au/speeches/2020/pdf/sp-so-2020-09-17.pdf
12/12/2019 Opening Statement to the Senate Economics Legislation Committee ...
19 Dec 2019
Speech
PDF
316KB
merchant service fees paidby Australian businesses to accept payment cards. ... One of these was in cash. Nearly half of thesetransactions used bank transfers, while other payment methods included cheques, credit cards,BPAY, debit cards and PayPal, in
https://www.rba.gov.au/speeches/2019/pdf/sp-so-2019-12-12.pdf
Remarks at the Breakfast event to launch ASIC's National Financial Capability Strategy 2018
22 Aug 2018
Speech
PDF
99KB
We all need to prepare for that rainy day. It rarely makes sense to take all thecredit that you are offered, whether on a credit card or when you apply for
https://www.rba.gov.au/speeches/2018/pdf/sp-gov-2018-08-21.pdf
Opening Statement to the House of Representatives Standing Committee on Economics
8 Feb 2024
Speech
PDF
262KB
Speech - 2024
https://www.rba.gov.au/speeches/2024/pdf/sp-gov-2024-02-09.pdf
Attachment: Decisions of the Payments System Board
12 May 2006
Speech
PDF
18KB
Attachment to Opening Remarks to the House of Representatives Standing Committee on Economics, Finance and Public Administration, Sydney, 15 May 2006
https://www.rba.gov.au/speeches/2006/pdf/sp-ag-150506-attachment.pdf
The Reserve Bank of Australia - Post Wallis
27 Feb 2001
Speech
PDF
73KB
They determine the revenue flows associated with card transactions,the costs ultimately borne by merchants and card-holders, the incentives to useand accept credit and debit cards and the terms of ... 12. encouraging use of credit cards rather than
https://www.rba.gov.au/speeches/1999/pdf/sp-ag-281099.pdf
The Future of Payments: Cryptocurrencies, Stablecoins or Central Bank Digital Currencies?
26 Nov 2021
Speech
PDF
322KB
A retail (or general-purpose) CBDC would be like a digital versionof cash that is universally accessible, presumably via wallets on phones and possibly via purpose-built devices like smart cards. ... In addition,there appears to be growing recognition
https://www.rba.gov.au/speeches/2021/pdf/sp-so-2021-11-18.pdf