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 the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees – 21 March 2003 | Payments System | Submissions
21 Mar 2003
Submissions
and Credit Card Schemes in Australia: A Study of Interchange Fees and Access (the “Joint Study”). ... Merchants will therefore be significant direct beneficiaries of debit and credit card reform, taken together, in terms of the net costs they incur
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/
List of tables
10 Feb 2008
SMP
– February 2008
Margin loans. 9.66. 0.33. 0.69. Standard credit cards. 18.57. 0.39. 0.78. ... Low-rate credit cards. 11.76. 0.41. 0.60. Unsecured term loans. 13.89. 0.46.
https://www.rba.gov.au/publications/smp/2008/feb/tables.html
List of tables
10 Feb 2009
SMP
– February 2009
0.04. Standard credit cards. 18.67. 1.08. 1.25. 0.88. Low-rate credit cards.
https://www.rba.gov.au/publications/smp/2009/feb/tables.html
List of tables
10 Aug 2008
SMP
– August 2008
0.14. 1.57. Standard credit cards. 19.66. 0.14. 1.88. Low-rate credit cards.
https://www.rba.gov.au/publications/smp/2008/aug/tables.html
Box D: Enhancing the Transparency of Interest Rates
6 Feb 2020
SMP
– February 2020
On average, borrowers pay a much higher interest rate on credit cards, which are a form of unsecured finance, compared with other forms of personal finance. ... However, about half of all other personal loans (i.e. excluding credit cards) are secured
https://www.rba.gov.au/publications/smp/2020/feb/box-d-enhancing-the-transparency-of-interest-rates.html
Submission to Payments System Review – January 2021 | Responses and Options Paper
8 May 2024
Submissions
The reduced popularity of credit cards is likely to reflect a range of factors, including reductions in the generosity of credit card rewards programs and changing attitudes towards this type of ... New technology (terminals and chip-based cards) rolled
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html
Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions
8 May 2024
Submissions
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/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates – August 2015 | Financial Sector | Submissions
1 May 2012
Submissions
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates - August 2015
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/
List of tables
10 May 2009
SMP
– May 2009
0.96. Standard credit cards. 17.9. 0.71. 2.03. 0.12. Low-rate credit cards.
https://www.rba.gov.au/publications/smp/2009/may/tables.html
Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions
8 May 2024
Submissions
Credit cards and some debit cards allow payments to be initiated by a merchant with the customer's card number and associated security information. ... However, the NPP does not currently provide access to some account types, including credit card and
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html