Search: least-cost routing (LCR)
RBA Glossary definition for LCR
LCR – Liquidity Coverage Ratio
Search Results
Payments System Board Annual Report 2021
21 Oct 2021
PSB Annual Report
- 2021
PDF
1811KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/psb-annual-report-2021.pdf
Retail Payments Regulation and Policy Issues
21 Oct 2021
PSB Annual Report
- 2021
PDF
277KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/retail-payments-regulation-and-policy-issues.pdf
AFIA submission to RBA - Review of Retail Payments Consultation Paper
2 Sep 2021
PDF
391KB
Submissions to the Review of Retail Payments Regulation Consultation Paper
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/afia-2021-08-18.pdf
20th July, 2021. Head of Payments Policy Department Reserve ...
4 Aug 2021
PDF
260KB
Least Cost Routing (LCR) RBA’s own figures suggest that fewer than 10 per cent of debit transactions in Australia are conducted via LCR. ... Least cost routing needs to be the regulated default option for all merchants in all.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/aacs-2021-08-05.pdf
ALNA Submission to RBA on Review of Retail Payments Regulation - July 2021
30 Jul 2021
PDF
197KB
adopted in our channel, and so has the positive reform to enable least cost routing. ... The introduction of Least cost routing (LCR), which started to roll out in our industry in 2019 has been an extremely positive step in this direction and it has
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/alna-2021-07-09.pdf
FCA Submission to RBA July 2021
21 Jul 2021
PDF
177KB
Least Cost Routing (LCR) enables merchants to choose the lowest cost debit fee offering, to minimise their costs. ... 2) Least Cost Routing (LCR) is made available as the default option for all merchants in all payment channels.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/fca-2021-07-21.pdf
Australian Retailers Association ABN 99 064 713 718 Level ...
19 Jul 2021
PDF
583KB
dual-network debit cards (DNDCs) and least-cost routing (LCR), as well as greater scrutiny on individual. ... from dual-network to single-network debit cards (SNDCs), rendering least-cost routing impossible on.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/australian-retailers-association-2021-07-09.pdf
CMSPI 19th Floor, Promenade II 1230 Peachtree Street NE ...
19 Jul 2021
PDF
1127KB
feedback into their proposals. CMSPI’s response to the RBA’s consultation focuses firstly on Least-Cost Routing (LCR), with particular attention. ... Restrictions on the availability of Routing have a significant cost impact on Australian merchants.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/cmspi-2021-07-08.pdf
Review of Retail Payments Regulation - Letter to RBA
19 Jul 2021
PDF
98KB
Firstly, FinTech Australia advocates in favour of least cost routing (LCR) for merchantsaccepting multi network debit cards issued by authorised deposit-taking institutions (ADIs), dueto its benefits to merchants and consumers. ... However, merchants or
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/fintech-australia-2021-07-06.pdf
For Official Use Only Russell Zimmerman Retail Consultant Review ...
19 Jul 2021
PDF
896KB
few) one area that merchants can make savings, is by Merchant Choice or Least Cost Routing,. ... Merchant Choice / Least Cost Routing should be mandated by the RBA to all acquirers, on an.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/russell-zimmerman-consulting-2021-07-09.pdf