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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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Price Incentives and Consumer Payment Behaviour

17 Aug 2009 RDP PDF 262KB
Sources: ABS; APCA; BPAY; RBA. a loyalty program and whether the consumer typically obtains the benefit of the interest-free period. ... 3). Conversely, cheques and BPAY are used relatively more for higher-value consumer payments, together accounting for
https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-04.pdf

Trends in Payments, Clearing and Settlement Systems

14 Sep 2017 PSB Annual Report – 2017
In 2016/17, the number and value of BPAY transactions increased by 2 per cent and 8 per cent, respectively. ... Consumers and businesses use BPAY to make a range of bill payments, including for utilities, education fees and investments.
https://www.rba.gov.au/publications/annual-reports/psb/2017/trends-in-payments-clearing-and-settlement-systems.html

Payments System Board Annual Report 2011 - Developments in Retail Payment Systems

20 Sep 2011 PSB Annual Report 2011 PDF 583KB
https://www.rba.gov.au/publications/annual-reports/psb/2011/pdf/dev-payment.pdf

Trends in Mobile Payments in Developing and Advanced Economies

20 Mar 2013 Bulletin PDF 1117KB
Reserve Bank of Australia Bulletin March 2013
https://www.rba.gov.au/publications/bulletin/2013/mar/pdf/bu-0313-8.pdf

Payments System Board Annual Report 2023

11 Oct 2023 PSB Annual Report - 2023 PDF 2459KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/psb-annual-report-2023.pdf

Banking and Payment Services

9 Aug 2023 RBA Annual Report - 2022 PDF 351KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/banking-and-payment-services.pdf

Payments System Board Annual Report 2015 - Retail Payments Developments

22 Oct 2015 PSB Annual Report 2015 PDF 244KB
https://www.rba.gov.au/publications/annual-reports/psb/2015/pdf/retail-payments-developments.pdf

Consumer Payment Behaviour in Australia

15 Jun 2023 Bulletin – June 2023
Thuong Nguyen and Benjamin Watson
The results of the Reserve Bank’s 2022 Consumer Payments Survey show that consumers continue to shift from using cash to electronic payment methods – a trend that was accelerated by the COVID-19 pandemic and consumers’ preference towards using
https://www.rba.gov.au/publications/bulletin/2023/jun/consumer-payment-behaviour-in-australia.html

Reserve Bank of Australia Annual Report 2023

1 May 2024 RBA Annual Report - 2023 PDF 9575KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/rba-annual-report-2023.pdf

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