Search: 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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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). ... Including competition via the maintenance of multiple payment platforms that include a balance between domestic and
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/acci-2021-07-09.pdf
Bulletin September Quarter 2020
9 Jun 2021
Bulletin
- September 2020
PDF
5941KB
https://www.rba.gov.au/publications/bulletin/2020/sep/pdf/bulletin-2020-09.pdf
Review of Retail Payments Regulation - Consultation Paper - May 2021
28 May 2021
PDF
712KB
One threat is a growing number of small and medium-sized card issuers choosing to issue single-network debit cards (SNDCs) instead of DNDCs. ... Revoking the designation of the American Express Companion Card system, given that the four major banks
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/consultation-paper-202105/pdf/review-of-retail-payments-regulation-consultation-paper-202105.pdf
Submission to the Parliamentary Joint Committee on Corporations and Financial Services inquiry into Mobile payment and digital wallet…
26 May 2021
Submissions
PDF
626KB
and credit cards, meaning NFC payments can generally be accepted by any card terminal that accepts contactless payments with a plastic card. ... card schemes provide the Bank with access to their fee schedules and scheme rules.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-into-mobile-payment-and-digital-wallet-financial-services.pdf
Retail Payments Regulation and Policy Issues
15 Oct 2020
PSB Annual Report
– 2020
When choosing to pay with a card, households are increasingly using debit cards, which have become the most frequently used payment method in Australia. ... Given the rapid growth in the use of cards, the Board has continued to focus on holding down the
https://www.rba.gov.au/publications/annual-reports/psb/2020/retail-payments-regulation-and-policy-issues.html
Payments System Board Annual Report 2020
14 Oct 2020
PSB Annual Report
2020
PDF
7381KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/2020-psb-annual-report.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
Retail Central Bank Digital Currency: Design Considerations, Rationales and Implications
17 Sep 2020
Bulletin
– September 2020
There has recently been increasing international focus on the possible issuance of central bank digital currencies (CBDC), or what might be considered a digital equivalent of banknotes.
https://www.rba.gov.au/publications/bulletin/2020/sep/retail-central-bank-digital-currency-design-considerations-rationales-and-implications.html
Retail Central Bank Digital Currency: Design Considerations, Rationales and Implications
17 Sep 2020
Bulletin
- September 2020
PDF
860KB
https://www.rba.gov.au/publications/bulletin/2020/sep/pdf/retail-central-bank-digital-currency-design-considerations-rationales-and-implications.pdf
PSB Board Annual Report 2019
20 May 2020
Annual Report
PDF
3893KB
https://www.rba.gov.au/publications/annual-reports/psb/2019/pdf/2019-psb-annual-report.pdf