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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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Two Years of Fast Payments in Australia

18 Mar 2020 Bulletin - March 2020 PDF 468KB
https://www.rba.gov.au/publications/bulletin/2020/mar/pdf/two-years-of-fast-payments-in-australia.pdf

Bulletin June Quarter 2012

27 Jul 2012 Bulletin PDF 1795KB
The ‘Online Retail Sales Index’, produced by NAB and Quantium, estimates online retail spending, based on an analysis of credit and debit card transactions, as well as BPAY, direct debit and
https://www.rba.gov.au/publications/bulletin/2012/jun/pdf/bu-0612.pdf

ISO 20022 Migration for the Australian Payments System – Responses and Options Paper

11 Sep 2019 Consultations PDF 1175KB
ISO 20022, noting the rapid decline in cheque use.5. There was no support for migrating BPAY and card clearing messages to ISO 20022.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/pdf/consultation-paper.pdf

Two Years of Fast Payments in Australia

19 Mar 2020 Bulletin – March 2020
Emilie Fitzgerald and Alexandra Rush
It has been two years since the public launch of the New Payments Platform (NPP) and the Fast Settlement Service (FSS).
https://www.rba.gov.au/publications/bulletin/2020/mar/two-years-of-fast-payments-in-australia.html

Bulletin September Quarter 2017

10 Feb 2020 Bulletin September Quarter 2017 PDF 5960KB
https://www.rba.gov.au/publications/bulletin/2017/sep/pdf/bu-0917-reserve-bank-bulletin.pdf

The Evolution of Interbank Settlement in Australia

16 Mar 2022 Bulletin - March 2022 PDF 1247KB
https://www.rba.gov.au/publications/bulletin/2022/mar/pdf/the-evolution-of-interbank-settlement-in-australia.pdf

Bulletin March Quarter 2017

10 Feb 2020 Bulletin March Quarter 2017 PDF 6757KB
https://www.rba.gov.au/publications/bulletin/2017/mar/pdf/bu-0317-reserve-bank-bulletin.pdf

The Future of Cash

13 Dec 2016 Bulletin December Quarter 2016 PDF 446KB
https://www.rba.gov.au/publications/bulletin/2016/dec/pdf/rba-bulletin-2016-12-the-future-of-cash.pdf

Early Views and Priorities | Strategic Review of Innovation in the Payments System: Issues for Consultation June 2011 | Consultations

7 Jun 2011 Consultations
Finally, the Board is conscious that the major banks and BPAY have been working for some time on a new, hub-based retail payments system, referred to as MAMBO.
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/early-views-priorities.html

The Evolution of Interbank Settlement in Australia

17 Mar 2022 Bulletin – March 2022
Kasia Kopec and Chirag Rao
Electronic payments are ubiquitous in modern economies and result in financial obligations between different financial institutions.
https://www.rba.gov.au/publications/bulletin/2022/mar/the-evolution-of-interbank-settlement-in-australia.html