Search: interchange fee
RBA Glossary definition for interchange fee
interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.
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Access Framework | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations
8 Jun 2012
Consultations
system. With the establishment of EPAL's multilateral interchange fee schedule, fees for most transactions flow in the reverse direction – from the acquirer to the issuer. ... The current interchange fees Standard considers a fee paid to the acquirer
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/access-framework.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/
Retail Payments Regulation and Policy Issues
21 Oct 2021
PSB Annual Report
– 2021
Even so, the schemes made a number of voluntary changes to their credit interchange fee schedules during the year, primarily to raise fees on some premium card categories. ... This requirement is intended to limit the possibility of schemes using
https://www.rba.gov.au/publications/annual-reports/psb/2021/retail-payments-regulation-and-policy-issues.html
Payments System | Submissions | Payments System | 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/payments-system/
Developments in the Retail Payments System
2 Oct 2009
PSB Annual Report
– 2009
Interchange fees in the MasterCard and Visa systems in Australia are regulated by the Reserve Bank. ... Interchange fees in the EFTPOS system are also regulated by the Reserve Bank.
https://www.rba.gov.au/publications/annual-reports/psb/2009/dev-payments.html
Developments in the Payments System
11 Sep 2008
PSB Annual Report
– 2008
Actual interchange fees are negotiated bilaterally between participants. Previous liaison has suggested that the interchange fee for transactions involving a cash-out component has in some cases fallen in line with ... Nonetheless, increased competition
https://www.rba.gov.au/publications/annual-reports/psb/2008/dev-payments.html
Retail Payments Regulation and Policy Issues
17 Oct 2019
PSB Annual Report
– 2019
Based on current information, these may include the level of the interchange fee benchmarks and caps, the transparency of scheme and processing fees, competition in the debit card market, the competitive ... In 2018/19, Mastercard and Visa were required
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html
Developments in Retail Payments Systems
10 Sep 2012
PSB Annual Report
– 2012
contactless or chip; Table 6). Reflecting this, the number of interchange fee categories, and the variability in the level of fees between categories, has grown steadily in the years since the ... The margin between the average merchant service fee and
https://www.rba.gov.au/publications/annual-reports/psb/2012/dev-ret-pay-sys.html
Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees - 21 March 2003
7 May 2008
Submissions
PDF
26KB
Reform of Debit Card (EFTPOS) Interchange Fees
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/pdf/eftpos-interchange-fees.pdf
Developments in Retail Payment Systems
8 Sep 2011
PSB Annual Report
– 2011
Purchases below $15 without cash-out, charity payments and Medicare Easyclaim: no interchange fee is paid. ... Current bilateral interchange fees on cash-outs are around 20 cents, also paid to the acquirer.
https://www.rba.gov.au/publications/annual-reports/psb/2011/dev-payments.html