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RBA Glossary definition for SCCI

SCCI – Specialist Credit Card Institution

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Non-Banks in the Payments System: A Central Bank Perspective

4 May 2007 Speech
Philip Lowe
Remarks by Philip Lowe to the Federal Reserve Bank of Kansas City Conference on ‘Non-Banks in the Payments System: Innovation, Competition and Risk’, Santa Fe
https://www.rba.gov.au/speeches/2007/sp-ag-050507.html

The Problem | Variation to the MasterCard and Visa Access Regimes: Details-stage Regulation Impact Statement – March 2014

9 Mar 2023
This both discourages entry and imposes unnecessarily high costs on those that seek SCCI status. ... of parties have, in the past, considered gaining SCCI status but decided against it.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/201403-impact-stmt/problem.html

Background | Variation to the MasterCard and Visa Access Regimes: Details-stage Regulation Impact Statement – March 2014

9 Mar 2023
Since the introduction of these arrangements, only two entities have gained SCCI status; a third entity has recently indicated that it has received in-principle approval to become an SCCI. ... joining the system and that an SCCI intending to acquire both
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/201403-impact-stmt/background.html

Debit Cards

20 Sep 2005 PSB Annual Report – 2005
At the time this access regime was being developed, the Bank expected that an SCCI joining the Visa credit card system with the intention of acquiring credit card transactions would also ... If an SCCI is not able to acquire both Visa credit and debit
https://www.rba.gov.au/publications/annual-reports/psb/2005/debit-cards.html

Abbreviations

12 Sep 2014 PSB Annual Report – 2014
SCCI. Specialist Credit Card Institution. SEPA. Single Euro Payments Area. SSF.
https://www.rba.gov.au/publications/annual-reports/psb/2014/abbreviations.html

Abbreviations

2 Oct 2013 PSB Annual Report – 2013
RTGS. Real-time gross settlement. RTPC. Real-Time Payments Committee. SCCI. Specialist Credit Card Institution.
https://www.rba.gov.au/publications/annual-reports/psb/2013/abbreviations.html

Non-Banks in the Payments System: A Central Bank Perspective

11 May 2007 Bulletin PDF 49KB
Reserve Bank of Australia Bulletin May 2007
https://www.rba.gov.au/publications/bulletin/2007/may/pdf/bu-0507-3.pdf

Payments System Board Annual Report 2004 - Competition and Efficiency

22 Sep 2005 PSB Annual Report 2004 PDF 67KB
https://www.rba.gov.au/publications/annual-reports/psb/2004/pdf/competition.pdf

Assessment | Payment Card Access Regimes: Conclusions – March 2014

9 Mar 2023
Potential members and existing SCCIs will also benefit from removing regulatory costs arising from the SCCI regime that are higher than warranted for credit card business. ... schemes will no longer have the option of gaining eligibility through SCCI
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/201403-impact-stmt/conclusions/assessment.html

Glossary

11 Nov 2004 PSB Annual Report – 2004
SCCI. Specialised Credit Card Institution. Settlement. the discharge of obligations arising from fund transfers between two or more parties.
https://www.rba.gov.au/publications/annual-reports/psb/2004/glossary.html