Search: direct entry payment
RBA Glossary definition for direct entry payment
direct entry payment – A direct debit or credit.
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Trends in the Australian Payments System
26 Sep 2006
PSB Annual Report
– 2006
Of the other payment systems, the largest values are carried by the direct entry system, which accounts for some 80 per cent of the value of non-cash retail payments. ... Use of the direct entry system is also lower than in many European countries
https://www.rba.gov.au/publications/annual-reports/psb/2006/au-payments.html
Retail Payments Developments
9 Oct 2015
PSB Annual Report
– 2015
Direct Entry payments remain an important part of the payments landscape, used by consumers for internet ‘pay-anyone’ transactions, and by businesses, corporations and governments for a range of bulk payments, ... Accordingly, Direct Entry payments
https://www.rba.gov.au/publications/annual-reports/psb/2015/retail-payments-developments.html
Trends in Retail Payments
2 Oct 2013
PSB Annual Report
– 2013
Direct Entry (DE) payments are an important part of the payments landscape. ... These systems can also be used to initiate Direct Entry payments to top up stored-value balances.
https://www.rba.gov.au/publications/annual-reports/psb/2013/trends-in-ret-pay.html
Trends in Retail Payments
12 Sep 2014
PSB Annual Report
– 2014
without the introduction of credit risk for the receiving financial institution (see ‘Same-day Settlement of Direct Entry’ in the chapter on ‘Strategic Review of Innovation’). ... Australia). The share of other electronic payments (direct debits
https://www.rba.gov.au/publications/annual-reports/psb/2014/trends-in-ret-pay.html
Retail Payments Trends
24 Oct 2016
PSB Annual Report
– 2016
Direct entry payments account for the majority of non-cash payments by value, while card payments make up around two-thirds of the number of non-cash payments; this share has ... Direct Entry (DE) payments account for the bulk of the value of non-cash
https://www.rba.gov.au/publications/annual-reports/psb/2016/retail-payments-trends.html
The Introduction of Same-day Settlement of Direct Entry Obligations in Australia
19 Jun 2014
Bulletin
– June 2014
In November 2013, the Reserve Bank introduced changes to its Reserve Bank Information and Transfer System (RITS) to allow the same-day settlement of non-government direct entry obligations. This outcome met one of the objectives set by the Payments
https://www.rba.gov.au/publications/bulletin/2014/jun/7.html
Banking and Payment Services
12 Apr 2020
RBA Annual Report
– 2020
While the Bank provides a broad range of payment and collection services, the bulk of the Australian Government's payments are made via the local low-value direct entry systems both ... These include direct entry, RTGS, BPAY, cheque, eftpos, cash, NPP
https://www.rba.gov.au/publications/annual-reports/rba/2020/banking-and-payment-services.html
Resource Costs of Payments
31 Dec 2014
RDP
2014-14
built into direct entry payments) and pay scheme fees to BPAY for clearing, marketing, centralised governance and product development services. ... In total, direct debit payments involve the least resource cost across all payment methods, reflecting the
https://www.rba.gov.au/publications/rdp/2014/2014-14/resource-costs-payments.html
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2.3 Banking and Payment Services
19 Oct 2023
RBA Annual Report
– October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html
The Evolution of Payment Costs in Australia
11 Apr 2019
RDP
PDF
1298KB
The per transaction resource costs presented in Table 1 are the sum of both the direct costs of each payment and the costs of managing the accounts from which payments are ... 16 For example, the Community of Interest Network (COIN) has worked to reduce
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-14.pdf