Search: least-cost routing (LCR)
RBA Glossary definition for LCR
LCR – Liquidity Coverage Ratio
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A Strategic Plan for the Payments System
6 Jun 2023
Submissions
PDF
539KB
least-cost routing’ (LCR) initiatives. LCR is functionality that enables merchants to choose which card. ... obsolete infrastructure imposes a cost on the payment system and economy more broadly.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf
Submission to Payments System Review – January 2021 | Responses and Options Paper
8 May 2024
Submissions
Participants in the online payments ecosystem. As more payments migrate online, a potential policy issue that could emerge is how to support the operation of least-cost routing in the online ... In the past, the Bank has mainly sought to encourage
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html
Competition in the Payments System | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector | Submissions
6 Sep 2017
Submissions
One area where competition is yet to emerge is in the provision of least-cost transaction routing to merchants. ... The Bank understands that a number of acquirers are currently considering providing least-cost routing to merchants, a development which
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/competition-in-the-payments-system.html
Competition in the Australian Financial System - March 2018
21 Mar 2018
Submissions
PDF
503KB
Supplementary Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system-2018-03/pdf/supplementary-submission-to-productivity-commission-march-2018.pdf
Supplementary Submission to the Financial System Inquiry August 2014
26 Aug 2014
Submissions
PDF
339KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/pdf/financial-system-inquiry-2014-08.pdf
Submission to Payments System Review
3 Feb 2021
Submissions
PDF
1155KB
growing digitalisation of the economy increasing demands for more convenient, cost-effective, reliable. ... As more payments migrate online, a potential. policy issue that could emerge is how to support the operation of least-cost routing in the online.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf
Competition in the Financial System - September 2017
19 Sep 2017
Submissions
PDF
969KB
Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/pdf/submission-to-productivity-commission-september-2017.pdf
Submission to the Financial System Inquiry March 2014
10 Nov 2017
Submissions
PDF
3041KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/pdf/financial-system-inquiry-2014-03.pdf