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RBA Glossary definition for PPFs

PPFs – Purchased payments facilities

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Abbreviations

20 Sep 2018 PSB Annual Report – 2018
PFMI. Principles for Financial Market Infrastructure. PPFs. Purchased payment facilities. PPS.
https://www.rba.gov.au/publications/annual-reports/psb/2018/abbreviations.html

Developments in the Financial System Architecture

10 Mar 2015 FSR – March 2015
The FSI also recommends simplifying the regulatory framework for payment systems, particularly for Purchased Payment Facilities (PPFs). ... This would include APRA developing a new two-tiered prudential regime for PPFs, and the government and ASIC
https://www.rba.gov.au/publications/fsr/2015/mar/dev-fin-sys-arch.html

Retail Payments Regulation and Policy Issues

17 Oct 2019 PSB Annual Report – 2019
In particular, the FSI viewed the regulatory arrangements for purchased payment facilities (PPF), a type of SVF, as complex and subject to potential regulatory overlap. ... The Productivity Commission recommended that the CFR review the regulatory
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html

Retail Payments Regulation and Policy Issues

20 Sep 2018 PSB Annual Report – 2018
One area of potential improvement is the regulatory framework for purchased payment facilities (PPFs), which has been identified as being unnecessarily complicated, involving multiple regulators (including the Bank) and various regulatory
https://www.rba.gov.au/publications/annual-reports/psb/2018/retail-payments-regulation-and-policy-issues.html