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RBA Glossary definition for interchange fee

interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.

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

8 May 2024 Submissions
competition. Effects on issuers and cardholders of a zero interchange fee. Since, under the proposal for authorisation, no interchange fees will be paid by card issuers to EFTPOS transaction acquirers, the ... Australia, with an interchange fee that
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Submissions

8 May 2024 Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/

Payments System | Submissions | Payments System | Submissions

8 May 2024 Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/payments-system/

Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper

8 May 2024 Submissions
As noted above, the ATM Access Regime places certain restrictions on the ability of financial institutions (card issuers) to pay interchange fees to access other participants' ATM fleets. ... The exemption allows card issuers to pay interchange fees to
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html

Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
It has largely focused on:. interchange fees and scheme rule restrictions relating to merchants in card systems, with regulation aimed at improving efficiency in the payments system by making price signals
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments

8 May 2024 Submissions
Box B Interchange Fees. An interchange fee is a fee charged by the financial institution on one side of a payment transaction to the financial institution on the other side of ... The higher the interchange fee, therefore, the less the cardholder has to
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-as-payment-instruments.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-References

8 May 2024 Submissions
RBA and ACCC (2000), Debit and Credit Card Schemes in Australia: A Study of Interchange Fees and Access, October. ... Available at <>. Verdier M (2011), ‘Interchange Fees in Payment Card Systems: a Review of the Literature’, Journal of Economic
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/references.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-The Credit Card Market

8 May 2024 Submissions
Interchange revenues from transactions on MasterCard and Visa credit cards (and issuer fees from American Express ‘companion’ card transactions): based on incomplete data, the Bank estimates these at around $1–1 ... had their fees waived as part of
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/the-credit-card-market.html

Publications | Payments & Infrastructure Resources

23 Apr 2024
A list of useful Australian publications on payments issues
https://www.rba.gov.au/payments-and-infrastructure/resources/publications/

Payments & Infrastructure Resources – Media Releases

23 Apr 2024
Media releases relating to the Payments System
https://www.rba.gov.au/payments-and-infrastructure/resources/media-releases.html