Search: 24/7
RBA Glossary definition for 24/7
24/7 – 24 hours a day, 7 days a week
Search Results
The Economics of a Central Bank Digital Currency in Australia
7 Dec 2022
Speech
PDF
685KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-ag-2022-12-08.pdf
Speech Fast Payments in Australia Michele Bullock Assistant Governor ...
15 Mar 2018
Speech
PDF
170KB
For example, the taxonomy lists ISO standardand 24/7 availability as being highly desirable features enhancing customer value – the NPP offersboth these. ... But not many countries currently provide real-timesettlement of retail payments, and even
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-03-13.pdf
02/10/2019 Remarks at Reserve Bank Board Dinner | Speeches ...
1 Oct 2019
PDF
181KB
All up,there are 14 $100 notes on issue for every Australian, 30 $50s, and 7 $20s. ... Australianshave clearly embraced the convenience of contactless payments. We are also increasingly embracingpayments through Australia's fast 24/7 payment system, the
https://www.rba.gov.au/speeches/2019/pdf/sp-gov-2019-10-01.pdf
Real-time Payments in Australia
5 May 2022
Speech
PDF
265KB
Mostconsumers and businesses can make and receive real-time payments 24 hours a day, every day ofthe year. ... This figure isconsiderably higher than other 24/7 services such as card payment services, for which the averageoutage duration per service
https://www.rba.gov.au/speeches/2022/pdf/sp-so-2022-05-03.pdf
02/05/2018 Remarks at Reserve Bank Board Dinner | Speeches ...
2 May 2018
PDF
148KB
So far, almost 1.4 million Australians have doneexactly this and they are now able to make efficient low-cost payments 24/7.
https://www.rba.gov.au/speeches/2018/pdf/sp-gov-2018-05-01.pdf
Financial Technology and Payments Regulation
10 Jul 2018
Speech
PDF
129KB
It went live earlier this yearand is gradually ramping up. It allows users of the payments system to send real-time payments withsimple addressing 24/7. ... In Australia, we are in the process. 7/10/2018 Financial Technology and Payments Regulation |
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-07-08.pdf
Cryptocurrencies and Distributed Ledger Technology
26 Jun 2018
Speech
PDF
347KB
immediate value to the recipient, are easily addressed, areavailable 24/7 and carry lots more data than currently. ... Indeed, to support the NPP, the Bank is now providing settlement balances on a 24/7 basis, through the FastSettlement Service.
https://www.rba.gov.au/speeches/2018/pdf/sp-so-2018-06-26.pdf
The Future of Payments: Cryptocurrencies, Stablecoins or Central Bank Digital Currencies?
26 Nov 2021
Speech
PDF
322KB
5]. [6]. [7]. [8]. The Future of Payments: Cryptocurrencies, Stablecoins or Central Bank Digital Currencies? | ... The New Payments Platform (NPP) was a major upgrade to the paymentssystem, allowing real-time, data-rich, easily addressed
https://www.rba.gov.au/speeches/2021/pdf/sp-so-2021-11-18.pdf
10/12/2019 A Payments System for the Digital Economy | ...
10 Dec 2019
Speech
PDF
326KB
This new payments infrastructure allows consumers and businesses to make real-time, 24/7 payments with richer data and simple addressing using PayIDs. ... Graph 7. Third, is there a case for some rationalisation of Australia's three domestically focused
https://www.rba.gov.au/speeches/2019/pdf/sp-gov-2019-12-10.pdf
Retail Central Bank Digital Currency: Design Considerations and Rationales
15 Oct 2020
Speech
PDF
284KB
Bankaccountmoney. Cash. Central bank-issued money. Universallyaccessiblemoney. Electronicmoney. Future? introduction of the New Payments Platform, which is a real-time, 24/7 and data-rich electronicpayments system. ... 2]. For example, in Australia,
https://www.rba.gov.au/speeches/2020/pdf/sp-so-2020-10-14.pdf