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RBA Glossary definition for direct debit

direct debit – A pre-authorised debit on the payer's bank account initiated by the recipient (payee).

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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

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

Payments System Regulation and Policy Issues

28 Sep 2022 PSB Annual Report – September 2022
This service can be used as a modern alternative to the direct debit system, giving payers greater control and transparency over their recurring payments. ... Currently, some payment systems have access criteria that make it difficult for non-banks to
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html

List of tables

20 Sep 2018 PSB Annual Report – 2018
Direct credits. (a). 16.6. 62.8. 3,483. 6.9. 2.8. 7.5. 4.8. Direct debits. ... e) Includes BPAY; adjusted for a reporting change in May 2018, which decreased the number and value of direct credit and direct debit payments.
https://www.rba.gov.au/publications/annual-reports/psb/2018/tables.html

List of tables

14 Sep 2017 PSB Annual Report – 2017
18.7. 51.9. 4,045. 6.9. 5.4. 7.1. 4.9. Direct debits. 10.0. 35.7. ... a)(b). Excluding GST; cents unless otherwise specified. Category. Debit Schemes. Prepaid Schemes.
https://www.rba.gov.au/publications/annual-reports/psb/2017/tables.html

List of tables

24 Oct 2016 PSB Annual Report – 2016
BPAY. 3.7. 2.2. 923. 3.5. 8.1. 4.9. 10.4. Direct debits. (a). ... Number per capita, 2014. Cheques. Direct debits. Direct credits. Debit card.
https://www.rba.gov.au/publications/annual-reports/psb/2016/tables.html

Other Remote Payment Methods

31 Dec 2014 RDP 2014-05
Crystal Ossolinski, Tai Lam and David Emery
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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List of tables

10 Sep 2012 PSB Annual Report – 2012
6.9. Direct debits. (a). 9.7. 40.0. 8,319. 3.7. 9.6. 6.2. 6.9. ... Number per capita, 2010. Cheques. Direct debits. Direct credits. Debit card.
https://www.rba.gov.au/publications/annual-reports/psb/2012/tables.html