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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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The Growing Demand For Cash

10 Feb 2020 Bulletin September Quarter 2017 PDF 1382KB
https://www.rba.gov.au/publications/bulletin/2017/sep/pdf/bu-0917-8-the-growing-demand-for-cash.pdf

Bulletin September Quarter 2010

28 Feb 2012 Bulletin PDF 1412KB
Bulletin SeptemBer quarter 2010. Contents. articles. Structural Change in the Australian Economy 1. Durable Goods and the Business Cycle 11. Economic Change in India 19. Ownership of Australian Equities and Corporate Bonds 25. Interpreting Market
https://www.rba.gov.au/publications/bulletin/2010/sep/pdf/bu-0910.pdf

Innovation Gaps in the Australian Payments System | Strategic Review of Innovation in the Payments System: Issues for Consultation June…

7 Jun 2011 Consultations
The BPAY MAMBO system, which is currently under development, has been suggested as one system that might be able to provide this. ... Widely used systems such as BPAY and Direct Entry are not able to provide this functionality, while the eftpos system
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/innovation-gaps.html

Bulletin March Quarter 2012

20 Apr 2012 Bulletin PDF 3093KB
Bulletin march quarter 2012. contents. articles. The Recent Economic Performance of the States 1. Trends in National Saving and Investment 9. The Distribution of Household Wealth in Australia: Evidence from the 2010 HILDA Survey 19. India’s Steel
https://www.rba.gov.au/publications/bulletin/2012/mar/pdf/bu-0312.pdf

Appendix A – Study Methodology | Results of the Reserve Bank of Australia's 2010 Consumer Payments Use Study June 2011 | Consultations

7 Jun 2011 Consultations
6 – Personal cheque. 7 – BPAY. 8 – Internet/telephone-banking transfer (pay anyone).
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/results/appendix-a.html

Introduction | Results of the Reserve Bank of Australia's 2010 Consumer Payments Use Study June 2011 | Consultations

7 Jun 2011 Consultations
Cards are the dominant payment method for mid-sized transactions, while BPAY, internet/telephone banking and cheques are important payment methods for higher-value transactions (particularly those above $500).
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/results/introduction.html

The Ongoing Decline of the Cheque System

10 Feb 2020 Bulletin June Quarter 2017 PDF 1172KB
https://www.rba.gov.au/publications/bulletin/2017/jun/pdf/bu-0617-7-the-ongoing-decline-of-the-cheque-system.pdf

Developments in the Buy Now, Pay Later Market

17 Mar 2021 Bulletin - March 2021 PDF 575KB
https://www.rba.gov.au/publications/bulletin/2021/mar/pdf/developments-in-the-buy-now-pay-later-market.pdf

Developments in the Buy Now, Pay Later Market

18 Mar 2021 Bulletin – March 2021
Chay Fisher, Cara Holland and Tim West
The buy now, pay later (BNPL) sector is growing rapidly and new providers and business models are emerging.
https://www.rba.gov.au/publications/bulletin/2021/mar/developments-in-the-buy-now-pay-later-market.html

The Use of Online and Newer Payment Methods | Results of the Reserve Bank of Australia's 2010 Consumer Payments Use Study June 2011 |…

7 Jun 2011 Consultations
BPAY payments can be made via a bank's internet-banking site, phone-banking service or mobile payments service. ... The diary results suggest that around 77 per cent of BPAY payments are made via internet banking.
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/results/online-newer-payment-methods.html