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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Payments System Board Annual Report 2021
21 Oct 2021
PSB Annual Report
- 2021
PDF
1811KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/psb-annual-report-2021.pdf
Review of Card Payments Regulation – Issues Paper
4 Mar 2015
PDF
936KB
Review of Card Payments Regulation
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/pdf/review-of-card-payments-regulation-issues-paper.pdf
Payments System Board Annual Report 2017 - Retail Payments Regulation and Policy Issues
12 Sep 2017
PSB Annual Report
2017
PDF
848KB
https://www.rba.gov.au/publications/annual-reports/psb/2017/pdf/retail-payments-regulation-and-policy-issues.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
Standard No.2 of 2016: The Setting of Interchange Fees in the Designated Debit and Prepaid Card Schemes and Net Payments to Issuers…
15 Dec 2021
PDF
129KB
Dual-Network Debit Card or DNDC means a Debit Card of a Scheme (the ‘First Scheme’) that incorporates the functionality necessary to enable a transaction between the holder of the Device ... ii) any of the following earned, accrued or receivable by a
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/pdf/standard-no-2-of-2016-debit-and-prepaid-card-interchange-2021-11-18.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
1 John Chaplin – individual submission 1. Payment scheme ...
11 Feb 2020
PDF
203KB
4. Dual network cards. The market experience of Australia in relation to the introduction of contactless and. ... dual network cards elect to remove the application with the lowest cost to merchants.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/john-chaplin.pdf
KeyOne Consulting www.keyone.consulting KeyOne Consulting Pty Ltd ABN 98 ...
31 Jan 2020
PDF
138KB
We do not support dual-network debit cards for three reasons. Firstly, for an issuer the cost of issuing dual-network cards is significantly higher than a single network card. ... Second, the utility of a dual-network card and the proposition that it
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/keyone-consulting.pdf
Reserve Bank of Australia Annual Report 2023
16 Oct 2023
RBA Annual Report
- 2023
PDF
1078KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/communication-and-community-engagement.pdf
Stripe Response to RBA Consultation on DNDC and Tokenization 2023
28 Sep 2023
PDF
219KB
Tokenization of dual-network debit cards. Introduction. Stripe is writing in response to the Reserve Bank of Australia’s (RBA’s) Issues Paper on ‘TheAustralian Debit Card Market: Default Settings and ... We share the view that tokenization of
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/stripe.pdf