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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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Summary

11 Feb 2020 DOCX 175KB
Q5: Have recent and prospective developments in technology changed the case for promoting the continued issuance of dual-network debit cards? ... What policy actions might be needed to promote competition and efficiency in an environment where
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/anz.DOCX

Reserve Bank of Australia Annual Report 2023

1 May 2024 RBA Annual Report - 2023 PDF 9575KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/rba-annual-report-2023.pdf

The Cost of Card Payments for Merchants

14 Sep 2022 Bulletin - September 2022 PDF 903KB
https://www.rba.gov.au/publications/bulletin/2022/sep/pdf/the-cost-of-card-payments-for-merchants.pdf

RBA Debit Card Default Settings and Tokenisation: Wpay submission

28 Sep 2023 PDF 134KB
Setting a default network on dual-network debit cards. In regard to Questions 1-3, while some technical work would be required, we expect to be ableto implement a default routing ... 100% of Dual Network Debit Card (DNDC) traffic. This would include in
https://www.rba.gov.au/payments-and-infrastructure/submissions/the-australian-debit-card-market-default-settings-and-tokenisation/wpay.pdf

Abbreviations

21 Oct 2021 PSB Annual Report - 2021 PDF 76KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/abbreviations.pdf

Payments System Board Annual Report 2020 - Abbreviations

14 Oct 2020 PSB Annual Report 2020 PDF 623KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/abbreviations.pdf

The Cost of Card Payments for Merchants

18 Mar 2020 Bulletin - March 2020 PDF 605KB
https://www.rba.gov.au/publications/bulletin/2020/mar/pdf/the-cost-of-card-payments-for-merchants.pdf

APCA RBA Card Review Submission_24 april_FINAL

24 Apr 2015 PDF 107KB
expected to reissue cards so that the card informed the customer whether a system was. ... Promoting innovation in card services and products. The “dual-network debit card” announcement by the RBA on the 21 August 2013 provides a.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-card-payments-regulation/apca.pdf

Payments System Board Annual Report 2017

10 Feb 2020 PSB Annual Report 2017 PDF 3337KB
https://www.rba.gov.au/publications/annual-reports/psb/2017/pdf/2017-psb-annual-report.pdf

19 February 2020 Tony Richards Head of Payments Policy ...

19 Feb 2020 DOCX 95KB
Many of Cuscal’s clients are smaller card issuers, these clients suffer a disproportionate cost per cardholder to support dual-network debit cards (DNDC), due to the need to comply with ... Yes, developments in technology will change the need for
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/cuscal.DOCX