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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Payments System Board Update: May 2023 Meeting
25 May 2023
Media Releases
Today’s Payments System Board meeting discussed the Bank’s targeted self-assessment of Australia's real-time gross settlement system against the relevant international standards, the pricing of New Payments Platform services, competition in the
https://www.rba.gov.au/media-releases/2023/mr-23-11.html
The Shift to Electronic Payments – Some Policy Issues
28 Mar 2023
Speech
Speech delivered by Ellis Connolly, Head of Payments Policy, AFR Banking Summit, Sydney
https://www.rba.gov.au/speeches/2023/sp-so-2023-03-28.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 | 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
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
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
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/
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/
Consultation on Proposed Changes to the EFTPOS Interchange Fee Standard
9 Mar 2023
final decision was made on whether to remove regulation or proceed with a further realignment of interchange fees. ... It also noted that interchange fees in these schemes were not subject to normal competitive pressure.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-proposal-sep09.html
Waiver of Requirement to Recalculate Interchange Fee Benchmark
9 Mar 2023
Waiver of Requirement to Recalculate Interchange Fee Benchmark March 2015. The Reserve Bank waives the requirement to recalculate the cost-based measure and the common cost-based benchmark for the
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/waiver-of-requirement-to-recalculate-interchange-fee-benchmark.html