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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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AusPayNet Submission

28 Sep 2023 PDF 278KB
The implementation of merchant-choice routing for contactless dual-network debit card (DNDC). ... time-consuming than a card insert flow (tap card once, cardholder selects preferred network,.
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/auspaynet.pdf

Annual Performance Statement

9 Aug 2023 RBA Annual Report - 2022 PDF 186KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/annual-performance-statement.pdf

Facsimilie Transmission Header version_001

14 Jul 2023 PDF 302KB
Setting a default network on dual-network debit cards. Coles does not support the proposal to issue dual-network debit cards (DNDCs) without a priority. ... Tokenisation of dual-network debit cards. Question 4: What is the relative importance of
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/coles.pdf

The Australian Debit Card Market: Default Settings and Tokenisation

19 Jun 2023 Consultations PDF 397KB
Australia’s debit card market. The key issues are:. 1. The practice of a default routing network being set at issuance on dual-network debit cards. ... 2. Setting a default network on dual-network. debit cards. 2.1 Background.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202306-issues-paper-australian-debit-card-market.pdf

Undertaking No. 2 of 2023 Undertaking In Relation to ...

9 Jun 2023 PDF 370KB
a) merchants operating in Australia should be able to make decisions with regard to the routing of dual-network debit card transactions without implications for the interchange rates that are applied ... b) payment schemes offering, or negotiating,
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/undertakings/pdf/2023-06-08-tying-conduct-undertaking-from-visa-rba.pdf

Domestic Regulatory Developments

21 Nov 2022 FSR - October 2021 PDF 120KB
https://www.rba.gov.au/publications/fsr/2021/oct/pdf/04-regulatory-developments.pdf

Financial Stability Review

18 Nov 2022 FSR - October 2021 PDF 3266KB
https://www.rba.gov.au/publications/fsr/2021/oct/pdf/financial-stability-review-2021-10.pdf

Reserve Bank of Australia Annual Report 2021

29 Sep 2022 RBA Annual Report 2021 PDF 6721KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/2021-report.pdf

Abbreviations

27 Sep 2022 PSB Annual Report - 2022 PDF 76KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/abbreviations.pdf

Payments System Board Annual Report 2022

27 Sep 2022 PSB Annual Report - 2022 PDF 2830KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/psb-annual-report-2022.pdf