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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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Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…

1 Mar 2014 Submissions
merchants accept cards from both networks), and where consumers may hold one network's card but not necessarily both, competition tends to involve offering incentives for a consumer to hold and ... a network where interchange payments flow to the
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html

Submission to Australian Competition and Consumer Commission on Applications for Authorisation A91379 & A91380: MasterCard and Visa…

2 Sep 2013 Submissions PDF 1124KB
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-2013-08.pdf

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments

8 May 2024 Submissions
merchants accept cards from both networks), and where consumers may hold one network's card but not necessarily both, competition tends to involve offering incentives for a consumer to hold and ... premium/platinum, super premium, ‘elite’/‘high net
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-as-payment-instruments.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-The Credit Card Market

8 May 2024 Submissions
Interchange revenues from transactions on MasterCard and Visa credit cards (and issuer fees from American Express ‘companion’ card transactions): based on incomplete data, the Bank estimates these at around $1–1 ... While almost all Australian
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/the-credit-card-market.html

Applications for Authorisation in Relation to PIN@POS – July 2016 | Payments System | Submissions

8 May 2024 Submissions
the Reserve Bank of Australia, and recent trends in payment card use and fraud losses. ... payments. Debit and credit cards play an important and growing role in the payments system.
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-07/index.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit cards as sources of credit

8 May 2024 Submissions
The decreased share of credit card debt may partly reflect the high cost of credit cards relative to mortgage interest rates and the increasing ability of households to use mortgage offset ... The Bank publishes data on average advertised credit card
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-source-of-credit.html

Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

8 May 2024 Submissions
network.”. In response to this, and other concerns expressed about interchange pricing in credit card networks, the Wallis Inquiry recommended:. ... The study does not see a continued need for an interchange fee in the debit card network.”.
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Submissions

8 May 2024 Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Introduction

8 May 2024 Submissions
The major points include:. There are a wide range of card products and issuers in the Australian credit card market, and while ‘standard’ interest rates on credit cards tend to be ... cards still provide an incentive for credit card use for many
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/introduction.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-References

8 May 2024 Submissions
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates. ... Payments Consulting Network (2014), ‘2013 Australian ATM and Branch Automation Market Study’, 30 May.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/references.html