Submissions on Reform of Debit Card Systems
On 20 December 2005 the Reserve Bank gazetted a draft Access Regime for the EFTPOS System and released a Consultation Document setting out the Bank's reasoning. The Bank also gazetted a revised draft Interchange Standard. The Bank sought comments on these proposed reforms. The following submissions have been received.
Received by 17 February 2006
Australian Consumers’ Association
Comment on Reform of Debit Card Systems in Australia 74KB
17 February 2006
Australian Merchant Payments Forum
Letter 32KB
Submission to the Reserve Bank of Australia:
Comment on Draft Standards for EFTPOS & Visa Debit 93KB
16 February 2006
Australian Payments Clearing
Association
Draft Access Regime for the EFTPOS Payment System 54KB
Draft Standard for the designated EFTPOS Payment System 59KB
10 February 2006
Bank of Queensland Limited
Letter: Reform of Debit Card Systems in Australia –
A Consultation Document – December 2005 16KB
Submission to RBA on EFTPOS Draft Standards: February 2006 24KB
17 February 2006
Bunnings
Letter: Re EFTPOS System Reform – AMPF Member Submission 23KB
16 February 2006
Coles Myer Ltd
Submission to the Reserve Bank of Australia: Revised Draft
Standard for setting EFTPOS Interchange – February 2006 39KB
17 February 2006
CreditLink Services Ltd
Letter: Submission to the RBA on the Proposed Draft Standards for the EFTPoS System 44KB
14 February 2006
Credit Union Industry Association
Letter: Credit Union Industry Submission: Reform of Visa Debit and EFTPOS 103KB
17 February 2006
First Data International
Submissions to the Reserve Bank of Australia: Reform of Debit Card Systems in Australia 53KB
17 February 2006
MoneySwitch Limited
Letter: Submission on Reform of Debit Card Systems in Australia 36KB
17 February 2006
Spark's Shoes
Letter: Re: Reform of the EFTPOS System 42KB
17 February 2006
Visa International Service Association
Letter: Draft Standards for Regulation of the Visa Debit Scheme 69KB
15 February 2006
Confidential Information
The following organisations provided confidential information on their costs associated with the provision of EFTPOS services:
- Australia Post
- Caltex
- Spark's Shoes
- Woolworths
Received after 17 February 2006
Australian Consumers' Association
The consumer payments system and RBA reform program:
A review for the Australian Consumers' Association 328KB
24 February 2006
MoneySwitch Limited
Letter: Additional Submission on Reform of Debit Card Systems
in Australia – Proposed Scheme Debit Standard 31KB
7 March 2006
National Australia Bank Limited
Letter: Response to Draft Standard for the designated EFTPOS payments system
and Draft Access Regime for the designated EFTPOS payments system 23KB
22 February 2006