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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Shadow Financing in China
8 Dec 2020
Bulletin
– December 2020
In 2016, Chinese authorities launched a campaign to reduce risks in China's shadow finance system.
https://www.rba.gov.au/publications/bulletin/2020/dec/shadow-financing-in-china.html
March | 2020
19 Mar 2020
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2020/mar/
The Changing Australian Retail Payments Landscape
10 Jul 2003
Bulletin
– July 2003
However, only about 1 per cent of credit card transactions are made on cards issued by building societies and credit unions. ... First, the credit card statistics now include general-purpose charge cards, which generally do not carry a revolving line of
https://www.rba.gov.au/publications/bulletin/2003/jul/1.html
Recent Developments in the ATM Industry
7 Dec 2017
Bulletin
– December 2017
The ATM industry in Australia is undergoing a number of changes. Use of ATMs has been declining as people use cash less often for their transactions, though the number of ATMs remains at a high level. The total amount spent on ATM fees has fallen,
https://www.rba.gov.au/publications/bulletin/2017/dec/6.html
Consumer Payment Behaviour in Australia
19 Mar 2020
Bulletin
– March 2020
The Reserve Bank’s 2019 Consumer Payments Survey has provided further evidence that Australian consumers are increasingly preferring to use electronic payment methods.
https://www.rba.gov.au/publications/bulletin/2020/mar/consumer-payment-behaviour-in-australia.html
Topic: Payments
11 Sep 2018
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/payments/
Cash Use and Attitudes in Australia
15 Jun 2023
Bulletin
– June 2023
The 2022 Consumer Payments Survey reveals that the ongoing decline in cash use in Australia has accelerated since the COVID-19 pandemic.
https://www.rba.gov.au/publications/bulletin/2023/jun/cash-use-and-attitudes-in-australia.html
The Ongoing Decline of the Cheque System
15 Jun 2017
Bulletin
– June 2017
Cheque use in Australia has declined significantly over the past few decades and currently represents only a small share of non-cash payments. This decline reflects changes in the payments market as a result of technological change and customer
https://www.rba.gov.au/publications/bulletin/2017/jun/7.html
Banking Fees in Australia
10 Jun 2012
Bulletin
– June 2012
Fee income from credit cards rose by 4.0 per cent. This was driven by an increase in credit card account servicing fee income based on a small increase in the ... d) Over-limit fees are charged when a credit card limit is exceeded.
https://www.rba.gov.au/publications/bulletin/2012/jun/5.html
Banking Fees in Australia
10 May 2005
Bulletin
– May 2005
In the case of credit cards, banks charge these fees partly to cover the ‘interchange’ fee that they pay to a cardholder's bank whenever a credit card purchase is made. ... Strong growth in fee income from credit cards contributed most to the growth
https://www.rba.gov.au/publications/bulletin/2005/may/2.html