Search: direct debit
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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Recent Developments in the ATM Industry
7 Dec 2017
Bulletin
– December 2017
The ATM industry in Australia is undergoing a number of changes. Use of ATMs has been declining as people use cash less often for their transactions, though the number of ATMs remains at a high level. The total amount spent on ATM fees has fallen,
https://www.rba.gov.au/publications/bulletin/2017/dec/6.html
Bulletin
18 Apr 2024
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/
Some Features of the Australian Payments System
10 Dec 1998
Bulletin
– December 1998
Most of the rest are direct credit transfers, with direct debit accounting for only a very small proportion. ... By contrast, in the United Kingdom and France direct debits are at least as important as direct credits.
https://www.rba.gov.au/publications/bulletin/1998/dec/1.html
The Changing Australian Retail Payments Landscape
10 Jul 2003
Bulletin
– July 2003
a). Credit. cards. Direct. credits. (b). Direct. debits. Total. Transactions per person, 2001. ... Direct entry payments, both direct debits and direct credits, are increasingly taking the place of cheques for businesses.
https://www.rba.gov.au/publications/bulletin/2003/jul/1.html
The Introduction of Same-day Settlement of Direct Entry Obligations in Australia
19 Jun 2014
Bulletin
PDF
688KB
Reserve Bank of Australia Bulletin June Quarter 2014
https://www.rba.gov.au/publications/bulletin/2014/jun/pdf/bu-0614-7.pdf
Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees – 21 March 2003 | Payments System | Submissions
21 Mar 2003
Submissions
As with other means of accessing a transaction account, such as cheques, direct debits and direct credits, financial institutions offering EFTPOS payment services could seek to recover their costs directly from ... Merchants will therefore be significant
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/
Consumer Payment Behaviour in Australia: Evidence from the 2019 Consumer Payments Survey
9 Sep 2020
RDP
PDF
1619KB
Cards 43 43 53 54 61. Debit cards 21 27 22 26 36. ... 10. 20. 30. %. 0. 10. 20. 30. %. Cash Debit cards Credit cards Other.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-06.pdf
Submission to Payments System Review – January 2021 | Responses and Options Paper
8 May 2024
Submissions
AusPayNet develops and administers rules and standards governing payments clearing and settlement in Australia, specifically in relation to cards, cheques, direct debits and credits, and high-value payments, as well as ... Payments often happen
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html
The Role of the Payments System Board
22 Feb 2001
Bulletin
PDF
65KB
Direct debits have always been a relativelylittle-used payment instrument in Australia.Though a convenient and relatively low-costway of meeting recurring bills, the number ofdirect debit transactions per capita has ... Direct debits. A second area
https://www.rba.gov.au/publications/bulletin/1999/jul/pdf/bu-0799-2.pdf
Literature
8 Oct 2018
RDP
2018-11
Rewards programs often reflect a similar multi-tier pricing structure, with no direct comparison between the number of rewards points and their dollar value. ... In addition to potential practical barriers to switching cards (e.g. search costs, time
https://www.rba.gov.au/publications/rdp/2018/2018-11/literature.html
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