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).
Search Results
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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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
Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions
8 May 2024
Submissions
Direct debit allows payments to be initiated by a merchant's financial institution, with the customer authorisation held by the merchant. ... Credit cards and some debit cards allow payments to be initiated by a merchant with the customer's card number
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html
Trends in the Australian Payments System
26 Sep 2006
PSB Annual Report
– 2006
There has also been very strong growth in the use of debit cards and direct debits. ... Direct debits on the other hand involve a payer providing an ongoing authorisation to another party to request a debit to his or her account.
https://www.rba.gov.au/publications/annual-reports/psb/2006/au-payments.html
List of tables
12 Sep 2014
PSB Annual Report
– 2014
BPAY. 4.1. 1.8. 824. 5.5. 10.6. 7.2. 10.3. Direct debits. 9.8. ... Number per capita, 2012. Cheques. Direct debits. Direct credits. Debit card.
https://www.rba.gov.au/publications/annual-reports/psb/2014/tables.html
June | 2023
15 Jun 2023
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2023/jun/
Payments System Regulation and Policy Issues
27 Sep 2023
PSB Annual Report
– September 2023
Payments System Regulation and Policy Issues | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/payments-system-regulation-and-policy-issues.html
Debit Cards
20 Sep 2005
PSB Annual Report
– 2005
Debit transaction, even though the funds may have been drawn from the same deposit account. ... This is despite Visa Debit not offering interest-free credit to the cardholder.
https://www.rba.gov.au/publications/annual-reports/psb/2005/debit-cards.html
List of tables
26 Sep 2006
PSB Annual Report
– 2006
Direct debits. 6. 22. 15. Direct credits. 27. 45. 5. Debit cards. ... Cheques. Direct. debits. Direct. credits. Debit. cards. Credit. cards. Total. United States.
https://www.rba.gov.au/publications/annual-reports/psb/2006/tables.html
Other Remote Payment Methods
31 Dec 2014
RDP
2014-05
direct debit – where an individual gives prior authorisation to a merchant for payments to be automatically deducted from their bank account. ... BPAY and direct debit together account for around half of all bill payments; internet and phone banking
https://www.rba.gov.au/publications/rdp/2014/2014-05/oth-rem-pay-meth.html
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