Search: direct debit
RBA Glossary definition for direct debit
direct debit – A pre-authorised debit on the payer's bank account initiated by the recipient (payee).
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The Shift to Electronic Payments – Some Policy Issues
28 Mar 2023
Speech
Speech delivered by Ellis Connolly, Head of Payments Policy, AFR Banking Summit, Sydney
https://www.rba.gov.au/speeches/2023/sp-so-2023-03-28.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
Consumer Payment Behaviour in Australia: Evidence from the 2019 Consumer Payments Survey
14 Sep 2020
RDP
2020-06
a credit card still made over half of their payments using a debit card. ... direct debits), which are recorded separately in a post-diary questionnaire (see Section 6.2).
https://www.rba.gov.au/publications/rdp/2020/2020-06/full.html
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The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
21 Nov 2023
RDP
PDF
2354KB
5.4 Surcharging of card transactions 27. 5.5 Dual network debit cards 29. ... very important’ or ‘important’ that a merchant accepts debit card payments (Figure 4).
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf
How Australians Pay: Evidence from the 2016 Consumer Payments Survey
1 Jul 2017
RDP
2017-04
A small decline in the relative use of BPAY may reflect increased use of automated payments (which include BPAY) and direct debits for bill payments, which were recorded separately (see Section ... They also include direct debits, where an individual
https://www.rba.gov.au/publications/rdp/2017/2017-04/full.html
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The Changing Australian Retail Payments Landscape
10 Jul 2003
Bulletin
PDF
76KB
Table 1: Non-cash Retail Payments in Selected Countries. Cheques Debit Credit Direct Direct Totalcards(a) cards credits(b) debits. ... There has been even stronger growth in thenumber of organisations offering customersthe option of payment by direct
https://www.rba.gov.au/publications/bulletin/2003/jul/pdf/bu-0703-1.pdf
Resource Costs of Payments
31 Dec 2014
RDP
2014-14
Of the remote payment options, direct debit is considerably less resource intensive than BPAY, debit and credit cards. ... There is no scheme involved in direct debit payments; direct debits are facilitated by the set of bilateral relationships between
https://www.rba.gov.au/publications/rdp/2014/2014-14/resource-costs-payments.html
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The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
27 Nov 2023
RDP
2023-08
Figure 19: Change in Share by Number of Debit and Credit Card Payments. ... Debit cards. 4.3. 7.3. Reward cardholder status. Owns a rewards card.
https://www.rba.gov.au/publications/rdp/2023/2023-08/full.html
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Trends in Retail Payments
12 Sep 2014
PSB Annual Report
– 2014
Use of all the main electronic forms of payment increased, with debit card transactions and the number of direct debits growing particularly strongly in 2013/14. ... Australia). The share of other electronic payments (direct debits and direct credits)
https://www.rba.gov.au/publications/annual-reports/psb/2014/trends-in-ret-pay.html
Recent Developments in the ATM Industry
7 Dec 2017
Bulletin
– December 2017
The ATM industry in Australia is undergoing a number of changes. Use of ATMs has been declining as people use cash less often for their transactions, though the number of ATMs remains at a high level. The total amount spent on ATM fees has fallen,
https://www.rba.gov.au/publications/bulletin/2017/dec/6.html