Search: least-cost routing (LCR)

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RBA Glossary definition for LCR

LCR – Liquidity Coverage Ratio

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Retail Payments Regulation and Policy Issues

20 Sep 2018 PSB Annual Report – 2018
Recent policy work has included evaluating the case for reforms that would require least-cost routing functionality to be provided to merchants, and monitoring the implementation of the Bank's recent ... Least-cost routing (LCR), or merchant routing, is
https://www.rba.gov.au/publications/annual-reports/psb/2018/retail-payments-regulation-and-policy-issues.html

Retail Payments Regulation and Policy Issues

17 Oct 2019 PSB Annual Report – 2019
Policy work has also covered a range of issues related to card payments, including the industry's implementation of least-cost routing functionality for contactless debit card transactions and improving the ... Least-cost routing (LCR), also known as
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html

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

Retail Payments Regulation and Policy Issues

15 Oct 2020 PSB Annual Report – 2020
Given the rapid growth in the use of cards, the Board has continued to focus on holding down the cost of card payments, including by encouraging the provision of least-cost ... routing (LCR) functionality and monitoring the effectiveness of and
https://www.rba.gov.au/publications/annual-reports/psb/2020/retail-payments-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

Executive Summary | The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper

28 Sep 2023 Consultations
The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/conclusions-paper/executive-summary.html

Governor's Foreword

15 Oct 2020 PSB Annual Report – 2020
Given its remit to promote a safe, competitive and efficient payments system, the Board is paying close attention to this shift towards electronic payments, especially as it relates to the cost ... It has actively encouraged acquirers to provide
https://www.rba.gov.au/publications/annual-reports/psb/2020/governors-foreword.html

Abbreviations

27 Sep 2023 PSB Annual Report – 2023
IRD. Interest rate derivative. LCR. Least-cost routing. LVCS. Low Value Clearing Service.
https://www.rba.gov.au/publications/annual-reports/psb/2023/abbreviations.html

Abbreviations

28 Sep 2022 PSB Annual Report – 2022
LCR. Least-cost routing. LIBOR. London interbank offered rate. MOG. Multilateral Oversight Group for Euroclear Bank.
https://www.rba.gov.au/publications/annual-reports/psb/2022/abbreviations.html

Abbreviations

21 Oct 2021 PSB Annual Report – 2021
LCR. Least-cost routing. LIBOR. London interbank offered rate. MOG. Multilateral Oversight Group for Euroclear Bank.
https://www.rba.gov.au/publications/annual-reports/psb/2021/abbreviations.html