Search: CPS
RBA Glossary definition for CPS
CPS – Consumer Payments Survey
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Consumer Payment Behaviour in Australia: Evidence from the 2019 Consumer Payments Survey
14 Sep 2020
RDP
2020-06
1. Introduction. The Reserve Bank conducted its fifth triennial Consumer Payments Survey (CPS) in October and November 2019. ... Around 40 per cent of CPS respondents reported that they also held money outside of their wallets.
https://www.rba.gov.au/publications/rdp/2020/2020-06/full.html
Consumer Payment Behaviour in Australia: Evidence from the 2019 Consumer Payments Survey
14 Sep 2020
RDP
2020-06
consumption, COVID-19, households, income and wealth, interest rates, money, payments. Since 2007 the Reserve Bank has conducted a Consumer Payments Survey (CPS) every three years, which provides comprehensive information on ... The 2019 CPS was
https://www.rba.gov.au/publications/rdp/2020/2020-06.html
Appendix A: Survey Methodology
14 Sep 2020
RDP
2020-06
The overall sampling process for the 2019 CPS was similar to that used for the 2016 survey. ... b) In the CPS, respondents were asked to select their household income from a range (e.g.
https://www.rba.gov.au/publications/rdp/2020/2020-06/appendix-a.html
Cash
14 Sep 2020
RDP
2020-06
Around 40 per cent of CPS respondents reported that they also held money outside of their wallets. ... When respondents visited an ATM, the median amount withdrawn was $100, which was the same as in most previous waves of the CPS.
https://www.rba.gov.au/publications/rdp/2020/2020-06/cash.html
Introduction
14 Sep 2020
RDP
2020-06
The CPS was conducted before the emergence of COVID-19 in Australia, which has induced substantial changes in payment behaviour. ... This paper discusses the results of the 2019 CPS in the context of a changing retail payments system.
https://www.rba.gov.au/publications/rdp/2020/2020-06/introduction.html
Innovation in Payments
14 Sep 2020
RDP
2020-06
To gauge awareness and use of some of these newer means of payment, the CPS asked respondents whether they had heard of a number of alternative payment options and, if so, ... For example, AliPay and WeChat Pay – which are very popular digital wallet
https://www.rba.gov.au/publications/rdp/2020/2020-06/innovation-in-payments.html
Payment Cards
14 Sep 2020
RDP
2020-06
passbook holders). In the 2019 CPS, 95 per cent of respondents reported that they had a debit card. ... See Section 4.4 in Doyle et al (2017) for a discussion of the 2016 CPS results on surcharging.
https://www.rba.gov.au/publications/rdp/2020/2020-06/payment-cards.html
Online and Automated Payments
14 Sep 2020
RDP
2020-06
Buy now, pay later (BNPL) services were identified as a distinct ‘payment method’ for the first time in the latest CPS (BNPL is discussed further in Section 8). ... Footnotes. The 2019 CPS, for the first time, separately identified mobile apps as a
https://www.rba.gov.au/publications/rdp/2020/2020-06/online-and-automated-payments.html
Cheques
14 Sep 2020
RDP
2020-06
Download the Paper 1,620. KB. The 2019 CPS provided further evidence of the long-term decline in the cheque system, with personal cheques accounting for only 0.2 per cent ... Indeed, all of the personal cheque payments recorded in the 2019 CPS were by
https://www.rba.gov.au/publications/rdp/2020/2020-06/cheques.html
Survey Overview
14 Sep 2020
RDP
2020-06
Download the Paper 1,620. KB. The CPS is a national cross-sectional survey that has been conducted every three years since 2007. ... A total of 1,115 people participated in the 2019 CPS, recording around 13,500 payments, 800 cash withdrawals and 1,500
https://www.rba.gov.au/publications/rdp/2020/2020-06/survey-overview.html