Search: interchange fee
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interchange fees?
RBA Glossary definition for interchange fee
interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.
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The Effect of Least-cost Routing on Merchant Payment Costs
18 Apr 2024
Bulletin
– April 2024
The RBA supports all merchants being able to choose the card network used to process debit transactions – a functionality known as least-cost routing (LCR) – with the aim of increasing competition and reducing the cost of accepting card payments.
https://www.rba.gov.au/publications/bulletin/2024/apr/the-effect-of-least-cost-routing-on-merchant-payment-costs.html
The Cost of Card Payments for Merchants
15 Sep 2022
Bulletin
– September 2022
The average cost for a merchant to accept a card payment has declined over recent years.
https://www.rba.gov.au/publications/bulletin/2022/sep/the-cost-of-card-payments-for-merchants.html
Bank Fees in Australia During the COVID-19 Pandemic
17 Jun 2021
Bulletin
– June 2021
The Reserve Bank's annual survey of bank fees shows that their fee income from both households and businesses in Australia declined notably over 2020 due to the disruption to economic activity caused by the COVID-19 pandemic.
https://www.rba.gov.au/publications/bulletin/2021/jun/bank-fees-in-australia-during-the-covid-19-pandemic.html
Developments in the Buy Now, Pay Later Market
18 Mar 2021
Bulletin
– March 2021
The buy now, pay later (BNPL) sector is growing rapidly and new providers and business models are emerging.
https://www.rba.gov.au/publications/bulletin/2021/mar/developments-in-the-buy-now-pay-later-market.html
The Cost of Card Payments for Merchants
19 Mar 2020
Bulletin
– March 2020
Data on merchants’ costs of accepting card payments show large differences in payment costs across both merchants and card systems.
https://www.rba.gov.au/publications/bulletin/2020/mar/the-cost-of-card-payments-for-merchants.html
Bank Fees in Australia
20 Jun 2019
Bulletin
– June 2019
The Reserve Bank has conducted a survey on bank fees each year since 1997.
https://www.rba.gov.au/publications/bulletin/2019/jun/bank-fees-in-australia.html
Recent Developments in the ATM Industry
7 Dec 2017
Bulletin
– December 2017
The ATM industry in Australia is undergoing a number of changes. Use of ATMs has been declining as people use cash less often for their transactions, though the number of ATMs remains at a high level. The total amount spent on ATM fees has fallen,
https://www.rba.gov.au/publications/bulletin/2017/dec/6.html
Banking Fees in Australia
15 Jun 2017
Bulletin
– June 2017
The Reserve Bank has conducted an annual survey on bank fees since 1997. The most recent survey suggests that banks' aggregate fee income increased at a relatively slow pace in 2016. Deposit and loan fee income continued to decline relative to the
https://www.rba.gov.au/publications/bulletin/2017/jun/4.html
The ATM System since the 2009 Reforms
17 Mar 2016
Bulletin
– March 2016
The past seven years have seen two major forces affecting the ATM system. Reforms to pricing arrangements in 2009 have had a number of effects, including establishing an environment that has encouraged a rise in ATM numbers. More recently, the ATM
https://www.rba.gov.au/publications/bulletin/2016/mar/4.html
Banking Fees in Australia
24 Jun 2013
Bulletin
– June 2013
The Reserve Bank has conducted a survey on bank fees each year since 1997. The results of the most recent survey suggest that banks' fee income from households continued to decline in 2012, but fee income from businesses increased substantially.
https://www.rba.gov.au/publications/bulletin/2013/jun/5.html