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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Abbreviations
27 Oct 2022
RBA Annual Report
– 2022
BIS. Bank for International Settlements. BPA. bulk purchase annuity. BPAY. A payments clearing organisation owned by a group of retail banks.
https://www.rba.gov.au/publications/annual-reports/rba/2022/abbreviations.html
Reserve Bank of Australia Annual Report 2021 - Banking and Payment Services
18 Oct 2021
RBA Annual Report
2021
PDF
233KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/banking-and-payment.pdf
Payments System Board Annual Report 2014 - Trends in Retail Payments
1 Oct 2014
PSB Annual Report
2014
PDF
294KB
https://www.rba.gov.au/publications/annual-reports/psb/2014/pdf/trends-in-ret-pay.pdf
Banking and Payment Services
12 Apr 2020
RBA Annual Report
– 2020
The Australian Government also makes payments using a number of other methods, including NPP, RTGS, cheque, BPAY and prepaid cards. ... These include direct entry, RTGS, BPAY, cheque, eftpos, cash, NPP and card-based services via the internet and phone.
https://www.rba.gov.au/publications/annual-reports/rba/2020/banking-and-payment-services.html
Banking and Payment Services
20 Sep 2018
RBA Annual Report
– 2018
The Australian Government also makes payments by the real-time gross settlement (RTGS) system, cheque, BPAY and prepaid cards. ... These include direct entry, RTGS, BPAY, cheque, eftpos, cash, and card-based services via the internet and phone.
https://www.rba.gov.au/publications/annual-reports/rba/2018/banking-and-payment-services.html
About the Payments System Board
8 Oct 2023
PSB Annual Report
- 2023
PDF
829KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/about-the-payments-system-board.pdf
Other Regulatory Responsibilities
25 Oct 2010
PSB Annual Report
– 2010
BPAY operates a payment system for bill payments which involves a multilateral netting arrangement. ... Accordingly, BPAY applied to the Bank for approval of its netting arrangements under the Payment Systems and Netting Act.
https://www.rba.gov.au/publications/annual-reports/psb/2010/reg-response.html
Reform of the Australian Payments System
11 Nov 2004
PSB Annual Report
– 2004
In Australia, interchange fees currently exist in the credit card, debit card and BPay payment systems (Graph 2). ... In BPay, the fee is paid by the merchant's bank to the payer's bank.
https://www.rba.gov.au/publications/annual-reports/psb/2004/reform.html
Banking and Payment Services
17 Oct 2019
RBA Annual Report
– 2019
The Australian Government also makes payments using a number of other payment systems, including the RTGS system, cheque, BPAY and prepaid cards. ... These include direct entry, RTGS, BPAY, cheque, eftpos, cash, card-based services via the internet and
https://www.rba.gov.au/publications/annual-reports/rba/2019/banking-and-payment-services.html
Payments System Board Annual Report 2016 - Retail Payments Trends
12 Oct 2016
PSB Annual Report
2016
PDF
436KB
https://www.rba.gov.au/publications/annual-reports/psb/2016/pdf/retail-payments-trends.pdf