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.
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Snapshot of Consumer Payment Patterns in 2010 | Strategic Review of Innovation in the Payments System: Issues for Consultation June 2011 |…
7 Jun 2011
Consultations
Cards are the dominant payment method for mid-sized transactions, while BPAY, internet/telephone banking and cheques are important payment methods for higher-value transactions (particularly those above $500); and.
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/snapshot-consumer-payment-patterns-2010.html
The Environment for Innovation in the Australian Payments System | Strategic Review of Innovation in the Payments System: Issues for…
7 Jun 2011
Consultations
In addition, non-APCA payment systems, such as BPAY and the international card schemes operate under their own rules. ... Several hubs already operate within the Australian payments system, including the SWIFT system for clearing high-value payments and
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/environment-innovation-australian.html
Strategic Issues – Payment System Design | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
The first overlay service is Osko by BPAY, which is a payment option available through participating digital banking channels, such as mobile applications and online banking, on a 24/7 basis
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-payment-system-design.html