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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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Payments System Board Update: August 2023 Meeting
17 Aug 2023
Media Releases
Today's Payments System Board meeting discussed the annual Assessment of the ASX clearing and settlement facilities against the Financial Stability Standards, the oversight of international financial market infrastructures, prominent payment systems,
https://www.rba.gov.au/media-releases/2023/mr-23-20.html
Payments System Board Update: May 2023 Meeting
25 May 2023
Media Releases
Today’s Payments System Board meeting discussed the Bank’s targeted self-assessment of Australia's real-time gross settlement system against the relevant international standards, the pricing of New Payments Platform services, competition in the
https://www.rba.gov.au/media-releases/2023/mr-23-11.html
Payments System Board Update: August 2022 Meeting
25 Aug 2022
Media Releases
Today’s Payments System Board meeting discussed the Bank’s assessment of the ASX clearing and settlement facilities and oversight of international facilities, least-cost routing, payments reforms including industry standard setting bodies,
https://www.rba.gov.au/media-releases/2022/mr-22-27.html
Payments System Board Update: November 2017 Meeting
17 Nov 2017
Media Releases
At its meeting today, the Payments System Board discussed issues including the cost of payments to merchants, trends in card fraud, developments in the ATM industry and the assessment of LCH Ltd's SwapClear Service.
https://www.rba.gov.au/media-releases/2017/mr-17-24.html
Review of Retail Payments Regulation – Issues Paper
29 Nov 2019
Media Releases
The Payments System Board’s Review of Retail Payments Regulation has commenced with the release of an Issues Paper
https://www.rba.gov.au/media-releases/2019/mr-19-32.html
Review of Card Payments Regulation: Conclusions
26 May 2016
Media Releases
The Reserve Bank has released the Conclusions to its Review of Card Payments Regulation and Final Standards relating to Surcharging and to Interchange Fees in designated card schemes.
https://www.rba.gov.au/media-releases/2016/mr-16-15.html
Payments System Board Update: February 2019 Meeting
25 Feb 2019
Media Releases
At its meeting on Friday 22 February 2019, the Payments System Board discussed a number of issues, including the annual assessment of CME Inc., the recent default at Nasdaq Nordic, a consultation on migration to ISO20022 message formats,
https://www.rba.gov.au/media-releases/2019/mr-19-03.html
Consultation on Preliminary Conclusions to the Review of Retail Payments Regulation
28 May 2021
Media Releases
At its meeting on 21 May, the Payments System Board approved a consultation on a proposed package of policy actions related to the Bank's retail payments regulation. The Bank has today released a Consultation Paper setting out the proposed policy
https://www.rba.gov.au/media-releases/2021/mr-21-08.html
Media Releases – 2023
1 Jan 2023
Media releases
issued in 2023
https://www.rba.gov.au/media-releases/2023/
Review of Retail Payments Regulation: Conclusions
22 Oct 2021
Media Releases
The Payments System Board’s Review of Retail Payments Regulation has concluded with the release of a Conclusions Paper. The Payments System Board has also announced an exemption from aspects of the Access Regime for the ATM System.
https://www.rba.gov.au/media-releases/2021/mr-21-23.html