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RBA Glossary definition for interchange fee

interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.

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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 | 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

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

13 Jun 2023 Submissions
competition. Effects on issuers and cardholders of a zero interchange fee. Since, under the proposal for authorisation, no interchange fees will be paid by card issuers to EFTPOS transaction acquirers, the ... Australia, with an interchange fee that
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

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

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

Joint Media Release: Debit and Credit Card Schemes in Australia: A Study of Interchange Fees and Access

10 Oct 2000 Media Release
Joint Media Release Debit and Credit Card Schemes in Australia A Study of Interchange Fees and Access. ... The study deals with interchange fees and the conditions of entry to these networks.
https://www.rba.gov.au/media-releases/2000/jmr-rba-accc.html

Study of Interchange Fees and access in Debit and Credit Card Schemes Australian Competition and Consumer Commission and the Reserve Bank…

16 Sep 1999 Media Releases
Joint study into interchange fees for debit and credit cards, and membership criteria for credit cards
https://www.rba.gov.au/media-releases/1999/mr-99-accc.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/

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