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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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Payments System Reforms

27 Apr 2006 Media Releases
The Reserve Bank released a package of reforms to the EFTPOS and scheme debits systems. It also revoked the designation of the Bankcard system, which is in the process of winding up, and determined that the Payment Systems (Regulation) Act 1998 does
https://www.rba.gov.au/media-releases/2006/mr-06-02.html

Payments System Issues

11 Dec 2006 Media Releases
own interchange categories and fees provided that the weighted-average fee remained below the appropriate benchmark. ... The recent resetting of interchange fees has led some parties to argue that the backward-looking and scheme-specific nature of the
https://www.rba.gov.au/media-releases/2006/mr-06-13.html

Review of the Regulatory Framework: Access and Interchange Fees | Review of the Regulatory Framework for the eftpos System: Consultation on …

9 Mar 2012 Consultations
These provisions are aimed at preventing participants from using negotiations over interchange fees to frustrate access to the system. ... Whether provisions in the Bank's interchange fees Standard that govern bilateral interchange fee agreements remain
https://www.rba.gov.au/publications/consultations/201203-replacing-eftpos-designation/access-interchange-fees.html

Payments System Reform

10 Dec 2008 Media Releases
Media release announcing the designation of the ATM system, the release of a consultation document setting out a draft Access Regime of that system and the variation of the Interchange Fee Standards for credit and debit cards
https://www.rba.gov.au/media-releases/2008/mr-08-28.html

Payments System Issues

22 Sep 2009 Media Releases
Announcement of a short paper setting out the Payments System Board's proposal to change the regulation of interchange fees in the EFTPOS system and a draft Standard
https://www.rba.gov.au/media-releases/2009/mr-09-20.html

Payments System Reform

24 Feb 2005 Media Releases
Announces that the Payments System Board decided to release draft standards for the EFTPOS and Visa Debit systems for public comment. The Board also considered the case for designating the American Express and Diners Club payments system, but
https://www.rba.gov.au/media-releases/2005/mr-05-02.html

Debit and Credit Card Schemes in Australia: A Study of Interchange Fees and Access - October 2000

14 Aug 2008 PDF 407KB
Interchange Fees and Access
https://www.rba.gov.au/payments-and-infrastructure/resources/publications/payments-au/interchg-fees-study.pdf

Payment System Reform

20 Jul 2005 Media Releases
The Reserve Bank has released for public comment a draft revised standard for the setting of credit card interchange fees, which would mean the establishment of a common benchmark rather than scheme-specific benchmarks for the Bankcard, MasterCard
https://www.rba.gov.au/media-releases/2005/mr-05-08.html

Payments System Issues: Consultation on a Variation to the Standards Relating to Surcharging

16 Dec 2011 Media Releases
Payments System Issues: Consultation on a Variation to the Standards Relating to Surcharging
https://www.rba.gov.au/media-releases/2011/mr-11-29.html

Variation of Interchange Fee Standards

9 Dec 2008 Media Release PDF 112KB
Payment Systems (Regulation) Act 1998
https://www.rba.gov.au/media-releases/2008/pdf/mr-08-28-vifs.pdf