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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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Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
Growth in e-commerce has also been associated with an increase in online card payments. ... systems, along with access regimes for several card systems and the ATM system.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

Proposed Merger Between Armaguard and Prosegur – April 2023 | Responses and Options Paper

24 May 2023 Submissions
The Explanatory Memorandum for the PSRA refers to a payment system as one that ‘covers the system of payment instruments (cash, cheques, smart cards among others), their delivery, the exchange or
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-april-2023/index.html

Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions

25 May 2023 Submissions
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/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html

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

Proposed Merger Between Armaguard and Prosegur

17 Apr 2023 Submissions PDF 228KB
The Explanatory Memorandum for the PSRA refers to a payment system as one that ‘covers the system of payment instruments (cash, cheques, smart cards among others), their delivery, the exchange or
https://www.rba.gov.au/publications/submissions/payments-system/pdf/proposed-merger-armaguard-and-prosegur-submission-april-2023.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

Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…

1 Mar 2014 Submissions
the point of sale, and certain types of debit cards can now be used in a card-not-present environment (e.g. ... firms specialising in providing card acceptance to merchants and not issuing cards to cardholders).
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology

9 Jan 2020 Submissions PDF 797KB
SE. Card data for the United States and direct debits and credit transfers. ... these services should be subject to the same surcharging rules as traditional card payment.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf

Submission to the Senate Select Committee on Australia as a Technology and Financial Centre - July 2021

19 Jul 2021 Submissions PDF 610KB
of some of the technology associated with cryptocurrencies – in particular, DLT, blockchains and smart contracts – particularly in areas where there are inefficient, legacy business processes involving many different parties; for example,
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-into-australia-as-a-technology-and-financial-centre.pdf

Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

13 Jun 2023 Submissions
cards. Thus, at least three quarters of consumers (EFTPOS users plus credit card users who performed no EFTPOS transactions) are likely to have a positive valuation on EFTPOS. ... Conclusion on the social cost of payment systems. Table 4 summarises the
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html