Search: least-cost routing (LCR)
RBA Glossary definition for LCR
LCR – Liquidity Coverage Ratio
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The Australian Debit Card Market: Default Settings and Tokenisation
19 Jun 2023
Consultations
PDF
397KB
routing of debit transactions through its promotion of least-cost routing (LCR). ... and gateways would be expected to offer and promote the least-cost routing of transactions made.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202306-issues-paper-australian-debit-card-market.pdf
The Australian Debit Card Market: Default Settings and Tokenisation
28 Sep 2023
Consultations
PDF
404KB
preferred debit card network through least-cost routing (LCR). The Board expects acquirers,. ... In effect, this would. mandate that merchants be provided with at least a basic form of LCR, where the merchant chooses.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202309-conclusions-paper-australian-debit-card-market.pdf