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1–10 of 608 search results for interchange fee

Did you mean interchange fees?

RBA Glossary definition for interchange fee

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

Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

8 May 2024 Submissions

competition. Effects on issuers and cardholders of a zero interchange fee. Since, under the proposal for authorisation, no interchange fees will be paid by card issuers to EFTPOS transaction acquirers, the ... Australia, with an interchange fee that

https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

A Guide to the Card Payments System Reforms

10 Sep 2010 Bulletin – September 2010

Michele Bullock

Graph 1. The standard for credit card interchange fees, introduced in 2003, sets a cap on the average interchange fee in the MasterCard and Visa credit card systems. ... Until 2003, these fees had been hidden. While merchants paid interchange fees as

https://www.rba.gov.au/publications/bulletin/2010/sep/7.html

Merchant Service Fees for Credit Cards

10 Jul 2004 Bulletin – July 2004

Table 1: Interchange Fees. Per cent of transaction value. Pre-reform. Post-reform. ... Many large merchants were previously paying merchant fees close to the average interchange fee, while small merchants generally paid much higher rates.

https://www.rba.gov.au/publications/bulletin/2004/jul/2.html

The Personal Credit Card Market in Australia: Pricing over the Past Decade

10 Mar 2012 Bulletin – March 2012

Iris Chan, Sophia Chong and Stephen Mitchell

Specifically, the Reserve Bank imposed interchange fee Standards (which came into effect in 2003) that placed a cap on weighted-average interchange fees for the MasterCard and Visa credit card schemes. ... In line with this, there has been an increase in

https://www.rba.gov.au/publications/bulletin/2012/mar/7.html

Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees – 21 March 2003 | Payments System | Submissions

21 Mar 2003 Submissions

Debit card acquirers can be expected to seek to recoup the loss of interchange fee revenue directly from merchants through increases in merchant service fees on EFTPOS transactions. ... The proposal does not provide any methodology for determining a

https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/