Search: BPAY
RBA Glossary definition for BPAY
BPAY – BPAY is a payments clearing organisation owned by a group of retail banks. Individuals who hold accounts with a BPAY participating financial institution can pay billing organisations which participate in BPAY, using account transfers initiated by phone or internet. The transfers may be from savings, cheque or credit card accounts.
Search Results
5.5 Abbreviations
19 Oct 2023
RBA Annual Report
– 2023
BIS. Bank for International Settlements. BPA. bulk purchase annuity. BPAY. A payments clearing organisation owned by a group of retail banks.
https://www.rba.gov.au/publications/annual-reports/rba/2023/abbreviations.html
Resource Costs of Payments
31 Dec 2014
RDP
2014-14
5.37. Direct entry. 0.13. 0.03. 0.16. 0.25. 0.41. BPAY. 0.03. 0.41. ... Of the remote payment options, direct debit is considerably less resource intensive than BPAY, debit and credit cards.
https://www.rba.gov.au/publications/rdp/2014/2014-14/resource-costs-payments.html
See 7 more results from "RDP 2014-14"
Payments System Issues
27 Nov 2009
Media Releases
At its meeting on 23 November 2009, the Payments System Board decided to amend the EFTPOS interchange fee Standard to make the regulation of EFTPOS interchange fees more consistent with that for scheme debit interchange fees
https://www.rba.gov.au/media-releases/2009/mr-09-27.html
The New Regulatory Framework for Surcharging of Card Payments
14 Sep 2016
Speech
Speech at the 26th Annual Credit Law Conference, Gold Coast
https://www.rba.gov.au/speeches/2016/sp-so-2016-09-14.html
List of tables
11 Sep 2008
PSB Annual Report
– 2008
100.0. 2,522. 9.1. 12.6. Adjusted to remove the double counting of BPAY transactions. ... 21. 87. 75. Includes BPAY transactions. Split between debit and credit cards not available.
https://www.rba.gov.au/publications/annual-reports/psb/2008/tables.html
List of tables
14 Sep 2017
PSB Annual Report
– 2017
5,226. 13.0. 3.4. 11.1. 0.5. BPAY. 3.3. 2.2. 980. 1.9. 8.1. ... d) Includes BPAY. (e) Includes MasterCard obligations which are not settled through LVSS.
https://www.rba.gov.au/publications/annual-reports/psb/2017/tables.html
List of tables
10 Sep 2012
PSB Annual Report
– 2012
b) Excludes BPAY transactions. Sources: BPAY; RBA. Table 3: Online Payments by Payment Method. ... a) Includes charge cards. (b) Includes BPAY. (c) Split between debit and credit cards not available.
https://www.rba.gov.au/publications/annual-reports/psb/2012/tables.html
Real-time Payments in Australia
3 May 2022
Speech
Speech delivered by Ellis Connolly, Head of Payments Policy Department, Opening Address to the Real Time Payments Summit 21/22, ICC, Sydney
https://www.rba.gov.au/speeches/2022/sp-so-2022-05-03.html
Trends in Retail Payments
12 Sep 2014
PSB Annual Report
– 2014
Use of electronic payment methods, including debit cards, credit cards and BPAY, continues to increase. ... Thirdly, the BPAY system facilitates bill payments with the customer initiating the transaction through the internet banking service provided by
https://www.rba.gov.au/publications/annual-reports/psb/2014/trends-in-ret-pay.html
List of tables | 2017 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
c) Excludes intraday repurchase agreements. (d) Includes BPay. (e) Gross value of equity trades. ... Low Value Settlement Service. Cheque, DE (including the BPAY system) and card transactions.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2017/tables.html