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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Submission to Payments System Review
3 Feb 2021
Submissions
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1155KB
New technology (terminals and chip-based cards) rolled out by card issuers and acquirers to enable. ... representations of payment cards. These applications can be used to make contactless payments.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf
Submission to the Parliamentary Joint Committee on Corporations and Financial Services inquiry into Mobile payment and digital wallet…
26 May 2021
Submissions
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626KB
and credit cards, meaning NFC payments can generally be accepted by any card terminal that accepts contactless payments with a plastic card. ... For digital wallet services, this network includes card issuers, cardholders that use digital wallets and
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-into-mobile-payment-and-digital-wallet-financial-services.pdf
65 Martin Place Sydney NSW 2000 GPO Box 3947 ...
23 Apr 2020
Submissions
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580KB
Credit cards and some debit cards allow payments to be initiated by a merchant with the customer’s card number and associated security information. ... monetary benefit from their credit card. Around 50 per cent of loss-marking cardholders did not
https://www.rba.gov.au/publications/submissions/payments-system/pdf/future-directions-for-the-consumer-data-right.pdf
Submission to the Senate Select Committee on Financial Technology and Regulatory Technology
9 Jan 2020
Submissions
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797KB
SE. Card data for the United States and direct debits and credit transfers. ... payments clearing systems that are managed by Australian Payments Network), and the Bank has.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf
A Strategic Plan for the Payments System
6 Jun 2023
Submissions
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539KB
network is used to process debit card transactions, typically the network that costs them the least. ... more competitive pressure on card payments system operators and participants to lower the costs.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf
Reforms to the Payment Systems (Regulation) Act 1998
20 Dec 2023
Submissions
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306KB
that merchants choosing to accept Mastercard or Visa credit cards are not obliged by scheme rules to. ... accept Mastercard or Visa debit or prepaid cards, and vice-versa. However, these undertakings may,.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/treasury-consultation-on-reforms-to-the-psra-submission-07-07-2023.pdf
Application for Authorisation in Relation to EFTPOS Interchange Fees - 21 March 2003
6 May 2008
Submissions
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27KB
Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/pdf/eftpos-interchange-fees-application.pdf
Proposed Merger Between Armaguard and Prosegur
17 Apr 2023
Submissions
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228KB
The Explanatory Memorandum for the PSRA refers to a payment system as one that ‘covers the system of payment instruments (cash, cheques, smart cards among others), their delivery, the exchange or
https://www.rba.gov.au/publications/submissions/payments-system/pdf/proposed-merger-armaguard-and-prosegur-submission-april-2023.pdf
Application for Interim Authorisation in Relation to a Joint Communications Strategy for PIN@POS - 19 July 2013
2 Sep 2013
Submissions
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963KB
Personal Identification Number at Point of Sale (PIN@POS)
https://www.rba.gov.au/publications/submissions/payments-system/pdf/applications-for-authorisation-re-pin@pos-2013-07.pdf
Submission to the Inquiry into Family Business in Australia - October 2012
31 Oct 2012
Submissions
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784KB
Parliamentary Joint Committee on Corporations and Financial Services
https://www.rba.gov.au/publications/submissions/financial-sector/pdf/inquiry-family-business-2012.pdf