Search: least-cost routing (LCR)
RBA Glossary definition for LCR
LCR – Liquidity Coverage Ratio
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Bulletin September Quarter 2022
14 Sep 2022
Bulletin
- September 2022
PDF
8931KB
https://www.rba.gov.au/publications/bulletin/2022/sep/pdf/bulletin-2022-09.pdf
An Efficient, Competitive and Safe Payments System
14 Dec 2022
Speech
PDF
638KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-gov-2022-12-14.pdf
Regulatory Framework
9 Mar 2023
In addition, the Bank expects the payments industry to provide ‘least-cost routing’ (LCR) functionality to merchants. ... In addition, all acquirers and payment facilitators providing card acceptance services to merchants are expected to offer and
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/regulatory-framework.html
The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
27 Nov 2023
RDP
2023-08
Card payments are used least for household bills, with consumers tending to use lower-cost payment methods such as bank transfers and BPAY for these payments. ... Second, the merchant could have least-cost routing (LCR) enabled. This lets merchants
https://www.rba.gov.au/publications/rdp/2023/2023-08/full.html
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The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
21 Nov 2023
RDP
PDF
2354KB
choice than at businesses that do surcharge. Card payments are used least for household bills, with. ... are encouraged to use the lowest cost payment instrument. Changes to the Reserve Bank’s.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf
Payments System Regulation and Policy Issues
27 Sep 2023
PSB Annual Report
– September 2023
Payments System Regulation and Policy Issues | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/payments-system-regulation-and-policy-issues.html
Payments System Regulation and Policy Issues
28 Sep 2022
PSB Annual Report
– September 2022
A particular focus of this Review was on measures to support and promote the ongoing availability of least-cost routing (LCR), or merchant-choice routing, which is the ability of merchants ... The Bank continues to explore LCR-related issues with a range
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html
Payments System Board Annual Report 2020
14 Oct 2020
PSB Annual Report
2020
PDF
7381KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/2020-psb-annual-report.pdf
Annual Performance Statement for 2021/22
27 Oct 2022
RBA Annual Report
– October 2022
In 2021/22, the Bank focused on:. least-cost routing (LCR) functionality, where merchants can choose to route transactions on dual-network debit cards to the lowest-cost processing network. ... Progress on activities to deliver convenient, secure,
https://www.rba.gov.au/publications/annual-reports/rba/2022/annual-performance-statement.html
Executive Summary | Review of Retail Payments Regulation – Conclusions Paper
9 Mar 2023
Review of Retail Payments Regulation – Conclusions Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/conclusions-paper-202110/executive-summary.html