Search: smart card

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31–40 of 414 search results for smart card

RBA Glossary definition for smart card

smart card – Also known as a chip card or IC (integrated circuit) card. A card containing one or more computer chips or integrated circuits for identification, data storage or special-purpose processing used to validate personal identification numbers (PINs), authorise purchases, verify account balances and store personal records.

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Promoting Competition in the Debit Card Market

21 Jun 2023 Media Releases
Mastercard and Visa have each given undertakings to the Reserve Bank that they will not engage in ‘tying conduct’ involving their debit and credit card products.
https://www.rba.gov.au/media-releases/2023/mr-23-15.html

Reform of Credit Card Schemes in Australia

27 Aug 2002 Media Releases
Announcement of the final decisions on the Reform of Credit Card Schemes in Australia
https://www.rba.gov.au/media-releases/2002/mr-02-15.html

Reform of Credit Card Schemes in Australia

14 Dec 2001 Media Releases
The Reserve Bank of Australia has released, for public discussion, a Consultation Document outlining proposed reforms to credit card schemes in Australia
https://www.rba.gov.au/media-releases/2001/mr-01-25.html

Reform of Credit Card Schemes in Australia – Access Regime

24 Jul 2003 Media Releases
Announces that the RBA is allowing further public comment on its revised access regime for the credit card market. Submissions on new prudential standards released by the Australian Prudential Authority on 23 July 2003 would be accepted until 12
https://www.rba.gov.au/media-releases/2003/mr-03-09.html

Review of Card Payments Regulation: Conclusions

26 May 2016 Media Releases
The Reserve Bank has released the Conclusions to its Review of Card Payments Regulation and Final Standards relating to Surcharging and to Interchange Fees in designated card schemes.
https://www.rba.gov.au/media-releases/2016/mr-16-15.html

Payments System Board Consultation on Card Surcharging

8 Jun 2011 Media Releases
At its meeting on 20 May, the Payments System Board decided to hold a public consultation on potential modifications to the ‘no-surcharge’ Standards that apply to the credit card and scheme debit card systems in Australia
https://www.rba.gov.au/media-releases/2011/mr-11-10.html

Reform of Card Payment Systems in Australia

9 Sep 2004 Media Releases
Announces that the RBA has designated the EFTPOS debit card payment system in Australia as a payment system under the Payment Systems (Regulation) Act 1998. Designation is the first step in the possible establishment of standards and/or an access
https://www.rba.gov.au/media-releases/2004/mr-04-08.html

Designation of Visa Debit Card Scheme in Australia

23 Feb 2004 Media Releases
Announcement that the RBA has designated the debit and credit card scheme operated in Australia by Visa International as a payment system under the Payment Systems (Regulation Act 1998)
https://www.rba.gov.au/media-releases/2004/mr-04-01.html

Payments System Issues: Multi-Network Debit Cards

17 Aug 2012 Media Releases
At its meeting today, the Payments System Board considered the public policy issues relating to multi-network debit cards. These are cards issued by banks and other financial institutions for ATM usage and with debit functionality from more than one
https://www.rba.gov.au/media-releases/2012/mr-12-20.html

The New Regulatory Framework for Surcharging of Card Payments

14 Sep 2016 Speech
Anthony Richards
Speech at the 26th Annual Credit Law Conference, Gold Coast
https://www.rba.gov.au/speeches/2016/sp-so-2016-09-14.html