Search: least-cost routing (LCR)
RBA Glossary definition for LCR
LCR – Liquidity Coverage Ratio
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www.nra.net.au | 1800 RETAIL (738 245) Review of Retail ...
8 Jul 2021
PDF
204KB
3. Least Cost Routing. Increased access to Least Cost Routing (LCR) is essential to ensuring that small businesses. ... 1. Introduction. 2. Summary. 3. Least Cost Routing. 4. Impact of proposed RBA approach.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/national-retail-association-2021-07-09.pdf
Review of Retail Payments Regulation: Issues Paper
18 Dec 2019
PDF
1272KB
3.2.1 Dual-network debit cards and least-cost routing. As Australians have shifted away from cash and cheques, card payments have grown rapidly. ... eftpos network.12 This raises the possibility of least-cost routing (LCR), whereby merchants might.
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/pdf/review-of-retail-payments-regulation-issues-paper-nov-2019.pdf
20210709 - ACCI submission to the RBA review of retail payments regulation
9 Jul 2021
PDF
545KB
In general, we share the concerns raised by the RBA Board in relation to dual-network debit cards (DNDC) and least cost routing (LCR). ... Least Cost Routing (LCR) should be the default option for all merchants in all payment channels, including
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/acci-2021-07-09.pdf
Payments System Board Annual Report 2020 - Abbreviations
14 Oct 2020
PSB Annual Report
2020
PDF
623KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/abbreviations.pdf
Mastercard 72 Christie Street St Leonards NSW 2065 Australia ...
9 Jul 2021
PDF
381KB
Dual Network Debit Cards (DNDCs) and Least Cost Routing (LCR) ‘’The Bank would state an explicit expectation that the major banks will continue to issue DNDCs, with both schemes to be ... Effectiveness of least-cost routing As noted in Mastercard’s
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/mastercard-2021-07-09.pdf
PSB Board Annual Report 2019 - Abbreviations
14 Oct 2019
Annual Report
PDF
248KB
PSB Board Annual Report 2019
https://www.rba.gov.au/publications/annual-reports/psb/2019/pdf/abbreviations.pdf
RBA Payments System Board 2018 Annual Report - Abbreviations
20 Sep 2018
Annual Report
PDF
624KB
RBA Payments System Board 2018 Annual Report
https://www.rba.gov.au/publications/annual-reports/psb/2018/pdf/abbreviations.pdf
Payments System Board Annual Report 2020 - Retail Payments Regulation and Policy Issues
14 Oct 2020
PSB Annual Report
2020
PDF
729KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/retail-payments-regulation-and-policy-issues.pdf
Visa Inc.’s Response to the Reserve Bank of Australia’s ...
19 Feb 2020
PDF
1412KB
Merchant Choice Routing Visa believes that MCR is a more accurate description of payment routing than least cost routing (LCR) because it is not the case that contactless debit transactions which ... Oversimplification of the cost of electronic payments
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/visa.pdf
1 PO W275, Parramatta Westfield NSW 2150 I 1300 ...
8 Jul 2021
PDF
241KB
Support for some current proposals The Commission supports proposed policy changes, which aim to reduce anti-competitive behaviours and promote the take-up of least-cost routing (LCR). ... Encouraging implementation of least-cost routing The Commission
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/nsw-small-business-commission-2021-07-09.pdf