Search: interchange fee
RBA Glossary definition for interchange fee
interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.
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Innovation and Regulation in the Australian Payments System
7 Dec 2020
Speech
Speech delivered by Philip Lowe, Governor, to the Australian Payments Network, Online
https://www.rba.gov.au/speeches/2020/sp-gov-2020-12-07.html
Consultation on Proposed Changes to the EFTPOS Interchange Fee Standard
9 Mar 2023
final decision was made on whether to remove regulation or proceed with a further realignment of interchange fees. ... It also noted that interchange fees in these schemes were not subject to normal competitive pressure.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-proposal-sep09.html
Payments System Issues: Consultation on a Variation to the Standards Relating to Surcharging
16 Dec 2011
Media Releases
Payments System Issues: Consultation on a Variation to the Standards Relating to Surcharging
https://www.rba.gov.au/media-releases/2011/mr-11-29.html
Discussion Paper: Options for EFTPOS Interchange Fee Reform
29 Aug 2002
PDF
210KB
The recent debate regarding credit card interchange fees indicates a range of different interchange fee pricing models. ... Even under any EFTPOS interchange fee reform ultimately adopted, fees for such gateway services may continue to be appropriate
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/eftpos-fee-reform.pdf
Opening Statement to House of Representatives Standing Committee - The Australian Payments System
15 May 2006
Speech
Opening Statement delivered by Philip Lowe to House of Representatives Standing Committee on Economics, Finance and Public Administration, Sydney
https://www.rba.gov.au/speeches/2006/sp-ag-150506.html
Waiver of Requirement to Recalculate Interchange Fee Benchmark
9 Mar 2023
Waiver of Requirement to Recalculate Interchange Fee Benchmark March 2015. The Reserve Bank waives the requirement to recalculate the cost-based measure and the common cost-based benchmark for the
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/waiver-of-requirement-to-recalculate-interchange-fee-benchmark.html
Guidance Note | Common Benchmark for the Setting of Credit Card Interchange Fees
9 Mar 2023
The Reserve Bank recognises that, due to trends in different types of transactions, the weighted average of interchange fees may change over time, even though interchange fee rates themselves have not ... For example, if an interchange fee rate is
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/cc-fees-benchmark/guidance.html
Introduction
20 Sep 2005
PSB Annual Report
– 2005
While in the first instance, the interchange fees are paid by the merchant's bank, they are passed onto the merchant through the fee that is charged for providing credit card ... The Bank has also proposed reducing interchange fees in the Visa Debit
https://www.rba.gov.au/publications/annual-reports/psb/2005/introduction.html
Reform of Australia's Payments System: The 2007/08 Review
27 Jun 2007
Speech
Speech by Philip Lowe to the 4th International Consumer Credit Card Summit 2007, Sydney
https://www.rba.gov.au/speeches/2007/sp-ag-270607.html
The Evolution and Regulation of the Payments System
14 Mar 2006
Speech
Speech by Philip Lowe to the Payments System Conference 2006, Melbourne Business School, Melbourne
https://www.rba.gov.au/speeches/2006/sp-ag-140306.html