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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Bill Payments and Automated Teller Machines
20 Sep 2005
PSB Annual Report
– 2005
BPAY can also process some financial transactions where individuals are moving funds between accounts. ... In May 2005 the Bank wrote to BPAY renewing its request for BPAY to publish its fees.
https://www.rba.gov.au/publications/annual-reports/psb/2005/bill-payments.html
List of tables
8 Sep 2011
PSB Annual Report
– 2011
50.8. 88.2. BPAY. 23.7. 9.8. Scheme credit and debit cards. 21.6. ... b) Includes charge cards. (c) Includes e-money and ‘other’ transactions. (d) Includes BPAY.
https://www.rba.gov.au/publications/annual-reports/psb/2011/tables.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. ... 2.8. Sources: BPAY; RBA. Table 2: Online Payment Methods. Australians' domestic payments.
https://www.rba.gov.au/publications/annual-reports/psb/2014/tables.html
Trends in Retail Payments
2 Oct 2013
PSB Annual Report
– 2013
The use of BPAY to make bill payments grew strongly. In contrast, consumers and businesses continue to reduce their reliance on cheques. ... they still account for 8 per cent of the value of non-cash payments – more than debit cards, credit cards and
https://www.rba.gov.au/publications/annual-reports/psb/2013/trends-in-ret-pay.html
Retail Payments Developments
9 Oct 2015
PSB Annual Report
– 2015
cheques. The number of BPAY transactions increased 4 per cent in 2014/15 and the value by 11 per cent. ... The value of payments processed through BPAY has slightly exceeded the value of credit/charge card payments for the past three financial years.
https://www.rba.gov.au/publications/annual-reports/psb/2015/retail-payments-developments.html
Retail Payments Trends
24 Oct 2016
PSB Annual Report
– 2016
Over the year, the number and value of BPAY transactions increased by 3.5 per cent and 8.1 per cent, respectively. ... Consumers and businesses use BPAY to make a range of higher-value bill payments, including payments for utilities, education fees and
https://www.rba.gov.au/publications/annual-reports/psb/2016/retail-payments-trends.html
Appendix A: Survey Methodology
27 Nov 2023
RDP
2023-08
Debit/credit card. (a). – Personal cheque. – BPAY. – Bank transfer (PayID). –
https://www.rba.gov.au/publications/rdp/2023/2023-08/appendix-a.html
See 4 more results from "RDP 2023-08"
Trends in Retail Payments
12 Sep 2014
PSB Annual Report
– 2014
Use of electronic payment methods, including debit cards, credit cards and BPAY, continues to increase. ... Thirdly, the BPAY system facilitates bill payments with the customer initiating the transaction through the internet banking service provided by
https://www.rba.gov.au/publications/annual-reports/psb/2014/trends-in-ret-pay.html
The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
21 Nov 2023
RDP
PDF
2354KB
made using cards. Other means of online payment such as BPAY and internet banking applications. ... BPAY 2 3 3 2 2 2. Internet/phone banking(a) na 2 2 1 3 3.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf
The Evolution of Payment Costs in Australia
11 Apr 2019
RDP
PDF
1298KB
In particular, this study considers the costs associated with cash, debit and credit cards, cheques, direct debit and BPAY. ... Of the remote payment options, direct debit is considerably less resource intensive than BPAY, debit and credit cards.
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-14.pdf