Search: interchange fee
RBA Glossary definition for interchange fee
interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.
Search Results
Access Regime and Standards | Reform of the EFTPOS and Visa Debit Systems in Australia: Final Reforms and Regulation Impact Statement
9 Mar 2023
relevant year' is the financial year in which the interchange fee benchmark is calculated;. ... interchange fees it received in the previous financial year by 1 November each year.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/impact-stmt-apr06/access-regime.html
Interchange Fees | Reform of the EFTPOS and Visa Debit Systems in Australia: A Consultation Document – February 2005
9 Mar 2023
2.3 The Detriment from Current Interchange Fees. The Bank's view is that the arguments in support of the current interchange fee are relatively weak. ... This would involve setting interchange fees to zero, except where a fee was required according
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-doc-feb05/interchg-fees.html
Common Benchmark for the Setting of Credit Card Interchange Fees
9 Mar 2023
Listing of chapters contained in the Reserve Bank's Common Benchmark tor the Setting of Credit Card Interchange Fees
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/cc-fees-benchmark/
Interchange Fees for the MasterCard and Visa Schemes
29 Sep 2006
Media Releases
Announcement of calculation of Interchange Fee Benchmarks for the MasterCard and Visa Schemes
https://www.rba.gov.au/media-releases/2006/mr-06-08.html
Attachment B | Reform of Debit Card Systems in Australia: A Consultation Document – December 2005
9 Mar 2023
relevant year’ is the financial year in which the interchange fee benchmark is calculated;. ... For the initial interchange fee benchmark the relevant year is the financial year [2006/07].
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-doc-dec05/attachment-b.html
Submissions on the Proposed Changes to the EFTPOS Interchange Fee Standard
9 Mar 2023
Announces that on 24 September 2009 the Reserve Bank gazetted a revised Draft Standard for the Setting of Interchange Fees in the EFTPOS System and released a Consultation Proposal setting out the Bank's reasoning. The Bank sought comments on the
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/submissions-pro-interchg-stds/
Payments System
9 Mar 2023
Overview of the Australian Payments System
https://www.rba.gov.au/payments-and-infrastructure/payments-system.html
Submissions on Debit Card Interchange Fees
9 Mar 2023
Listing of submissions received from interested parties on the setting of standards for interchange fees for the EFTPOS and Visa Debit payment systems
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/submissions-debit-fees/
A Draft Revised Standard [Version A] | Proposed Changes to the Credit Card Interchange Standard: A Consultation Document
9 Mar 2023
This Standard will replace Standard No. 1, The Setting of Wholesale ('Interchange') Fees which applies to each of the Schemes individually. ... For purposes of paragraph 10, the average of interchange fees in each Scheme is a weighted average calculated
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/consult-doc-jul05/a.html
Interchange Fees for the Bankcard, Mastercard and Visa Credit Card Schemes
31 Oct 2003
Media Releases
Credit card reform has resulted in interchange fees charged by Bankcard, MasterCard and Visa card schemes to be reduced to around a little over half of their previous level. The Reserve Bank is confident that competition will ensure that the new,
https://www.rba.gov.au/media-releases/2003/mr-03-14.html