Search: interchange fee

Sort by: Relevance Date
31–40 of 3,580 search results for interchange fee

RBA Glossary definition for interchange fee

interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.

Search Results

Innovation and Regulation in the Australian Payments System

7 Dec 2020 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, to the Australian Payments Network, Online
https://www.rba.gov.au/speeches/2020/sp-gov-2020-12-07.html

Competition and Efficiency

1 Oct 2000 PSB Annual Report – 2000
The interchange fee for Bankcard is 1.2 per cent for all transactions. ... Merchants cannot pass on the mechant service fee, and thus the interchange fee, to credit card users but instead pass these fees on to all customers – not just those using
https://www.rba.gov.au/publications/annual-reports/psb/2000/competition.html

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

Opening Statement to House of Representatives Standing Committee - The Australian Payments System

15 May 2006 Speech
Philip Lowe
Opening Statement delivered by Philip Lowe to House of Representatives Standing Committee on Economics, Finance and Public Administration, Sydney
https://www.rba.gov.au/speeches/2006/sp-ag-150506.html

Guidance Note | Common Benchmark for the Setting of Credit Card Interchange Fees

9 Mar 2023
The Reserve Bank recognises that, due to trends in different types of transactions, the weighted average of interchange fees may change over time, even though interchange fee rates themselves have not ... For example, if an interchange fee rate is
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/cc-fees-benchmark/guidance.html

Introduction

20 Sep 2005 PSB Annual Report – 2005
While in the first instance, the interchange fees are paid by the merchant's bank, they are passed onto the merchant through the fee that is charged for providing credit card ... The Bank has also proposed reducing interchange fees in the Visa Debit
https://www.rba.gov.au/publications/annual-reports/psb/2005/introduction.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

Competition and Efficiency

11 Nov 2004 PSB Annual Report – 2004
As required, the new interchange fee arrangements became effective on 31 October 2003, with the new fees varying slightly across the schemes reflecting differences in costs. ... Most merchants visited received substantial unilateral fee reductions,
https://www.rba.gov.au/publications/annual-reports/psb/2004/competition.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

Reform of Australia's Payments System: The 2007/08 Review

27 Jun 2007 Speech
Philip Lowe
Speech by Philip Lowe to the 4th International Consumer Credit Card Summit 2007, Sydney
https://www.rba.gov.au/speeches/2007/sp-ag-270607.html