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).
Search Results
Literature
8 Oct 2018
RDP
2018-11
Rewards programs often reflect a similar multi-tier pricing structure, with no direct comparison between the number of rewards points and their dollar value. ... In addition to potential practical barriers to switching cards (e.g. search costs, time
https://www.rba.gov.au/publications/rdp/2018/2018-11/literature.html
See 5 more results from "RDP 2018-11"
Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions
8 May 2024
Submissions
Direct debit allows payments to be initiated by a merchant's financial institution, with the customer authorisation held by the merchant. ... Credit cards and some debit cards allow payments to be initiated by a merchant with the customer's card number
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html
Trends in the Australian Payments System
26 Sep 2006
PSB Annual Report
– 2006
There has also been very strong growth in the use of debit cards and direct debits. ... Direct debits on the other hand involve a payer providing an ongoing authorisation to another party to request a debit to his or her account.
https://www.rba.gov.au/publications/annual-reports/psb/2006/au-payments.html
Electronic Indicators of Economic Activity
10 Jun 2012
Bulletin
– June 2012
The published RPS data include ATM cash withdrawals, eftpos transactions, credit and charge card transactions, as well as direct debits and credits, and cheques. ... The ‘Online Retail Sales Index’, produced by NAB and Quantium, estimates online
https://www.rba.gov.au/publications/bulletin/2012/jun/1.html
Payments System Reform
10 Dec 2008
Media Releases
Media release announcing the designation of the ATM system, the release of a consultation document setting out a draft Access Regime of that system and the variation of the Interchange Fee Standards for credit and debit cards
https://www.rba.gov.au/media-releases/2008/mr-08-28.html
Modernising Australia's Payments System
12 Dec 2023
Speech
Speech delivered by Michele Bullock, Governor, Australian Payments Network Summit, Sydney
https://www.rba.gov.au/speeches/2023/sp-gov-2023-12-12.html
List of tables
12 Sep 2014
PSB Annual Report
– 2014
BPAY. 4.1. 1.8. 824. 5.5. 10.6. 7.2. 10.3. Direct debits. 9.8. ... Number per capita, 2012. Cheques. Direct debits. Direct credits. Debit card.
https://www.rba.gov.au/publications/annual-reports/psb/2014/tables.html
Payments System Regulation and Policy Issues
27 Sep 2023
PSB Annual Report
– September 2023
Payments System Regulation and Policy Issues | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/payments-system-regulation-and-policy-issues.html
Debit Cards
20 Sep 2005
PSB Annual Report
– 2005
Debit transaction, even though the funds may have been drawn from the same deposit account. ... This is despite Visa Debit not offering interest-free credit to the cardholder.
https://www.rba.gov.au/publications/annual-reports/psb/2005/debit-cards.html
Some Features of the Australian Payments System
22 Feb 2001
Bulletin
PDF
41KB
In debit systems,such as direct debit and cheques, theprocessing of the payment begins with thepayee’s financial institution. ... By contrast, in theUnited Kingdom and France direct debits areat least as important as direct credits.
https://www.rba.gov.au/publications/bulletin/1998/dec/pdf/bu-1298-1.pdf