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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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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

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

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

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

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

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

RBA Payments System Board 2018 Annual Report - Governor's Foreword

20 Sep 2018 Annual Report PDF 566KB
RBA Payments System Board 2018 Annual Report
https://www.rba.gov.au/publications/annual-reports/psb/2018/pdf/governors-foreword.pdf

Visa Inc.’s Response to the Reserve Bank of Australia’s ...

19 Feb 2020 PDF 1412KB
Chapter 2: Competition in the Cards Market – Payment Economics 17 2.1 Dual-Network Debit Cards and Merchant Choice Routing 17 2.1.1 Introduction 17 2.1.2 Consumer Choice ... Appendix A: Analysis of RBA Perspectives in Review of Retail Payments
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/visa.pdf

Payments System Board Annual Report 2017 - Governor’s Foreword

12 Sep 2017 PSB Annual Report 2017 PDF 790KB
https://www.rba.gov.au/publications/annual-reports/psb/2017/pdf/governors-foreword.pdf