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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A Draft Revised Standard [Version A] | Proposed Changes to the Credit Card Interchange Standard: A Consultation Document
9 Mar 2023
This Standard will replace Standard No. 1, The Setting of Wholesale ('Interchange') Fees which applies to each of the Schemes individually. ... For purposes of paragraph 10, the average of interchange fees in each Scheme is a weighted average calculated
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/consult-doc-jul05/a.html
Introduction | Common Benchmark for the Setting of Credit Card Interchange Fees
9 Mar 2023
Common Benchmark for the Setting of Credit Card Interchange Fees – November 2005 1. ... The revisions are principally technical in nature. They do not affect the average level of interchange fees across the three schemes.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/cc-fees-benchmark/intro.html
Attachment | A Variation to the Access Regime for the ATM System: Consultation Document – May 2012 | Consultations
29 May 2012
Consultations
ATM Acquirer does not pay an interchange fee to access any ATMs of the ATM Issuer in the arrangement;. ... 13. 14. Each ATM Acquirer in the ATM system that receives an interchange fee within the terms of sub-paragraph.
https://www.rba.gov.au/publications/consultations/201205-acc-reg-atm-sys-cons-doc/attachment.html
Background | Common Benchmark for the Setting of Credit Card Interchange Fees
9 Mar 2023
Common Benchmark for the Setting of Credit Card Interchange Fees – November 2005 2. ... The standards then require that in each scheme the weighted-average interchange fee be no higher than that benchmark.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/cc-fees-benchmark/background.html
Interchange Fees, Access and Competition | Reform of Debit Card Systems in Australia: A Consultation Document – December 2005
9 Mar 2023
fee. Under the Bank's draft interchange Standard for the EFTPOS system, the cap on interchange fees will be re-calculated every three years, potentially requiring interchange fees to be renegotiated ... The effect of the provisions is to ensure that,
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-doc-dec05/interchange-fees-access-and-competition.html
Standard | Common Benchmark for the Setting of Credit Card Interchange Fees
9 Mar 2023
Common Benchmark for the Setting of Credit Card Interchange Fees – November 2005 Standard. ... If, prior to 1 November 2006, any interchange fee is introduced, varied, or removed in a Scheme, the average of interchange fees implemented in that Scheme
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/cc-fees-benchmark/standard.html
The Setting of Interchange Fees in the Visa Debit Payment System
9 Mar 2023
the date any interchange fee is introduced, varied or removed in the Visa Debit system. ... and to which the Standard The setting of wholesale (‘interchange’) fees in the designated credit card schemes applies.
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/standards/interchange-visa-debit/
The Key Issues | Reform of the EFTPOS and Visa Debit Systems in Australia: Final Reforms and Regulation Impact Statement
9 Mar 2023
In the credit card systems, interchange fees are agreed between members of the schemes and the same interchange fee is paid by every acquirer in the scheme. ... In this way, interchange fees place a floor under the merchant service fee.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/impact-stmt-apr06/key-issues.html
The Draft Access Regime | An Access Regime for the ATM System – February 2009
9 Mar 2023
The Draft Access Regime would eliminate interchange fees between the direct connectors that form the core of the ATM system. ... An important consideration in setting this restriction was the desire to avoid a renewed proliferation of bilateral
https://www.rba.gov.au/payments-and-infrastructure/atms/access-regime/draft-access.html
Developments in Retail Payment Systems
25 Oct 2010
PSB Annual Report
– 2010
Interchange fees in the EFTPOS system are also regulated by the Reserve Bank. ... more than the regulated decline in interchange fees in the MasterCard and Visa systems.
https://www.rba.gov.au/publications/annual-reports/psb/2010/dev-payments.html