Search: direct debit

Sort by: Relevance Date
110 of 1,774 search results for direct debit
Did you mean direct debits?

RBA Glossary definition for direct debit

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

Search Results

The Role of the Payments System Board

16 Jun 1999 Speech
John Laker
Speech by John Laker to AIC Conference on ‘Australian Payments System Evolution’, Sydney
https://www.rba.gov.au/speeches/1999/sp-ag-160699.html

The Evolution of Payment Costs in Australia

11 Apr 2019 RDP PDF 1298KB
On a per transaction basis, direct debit remains the lowest-cost payment instrument while cheques remain the most expensive. ... 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

Resource Costs of Payments

31 Dec 2014 RDP 2014-14
Chris Stewart, Iris Chan, Crystal Ossolinski, David Halperin and Paul Ryan
Of the remote payment options, direct debit is considerably less resource intensive than BPAY, debit and credit cards. ... There is no scheme involved in direct debit payments; direct debits are facilitated by the set of bilateral relationships between
https://www.rba.gov.au/publications/rdp/2014/2014-14/resource-costs-payments.html
See 12 more results from "RDP 2014-14"

Consumer Payment Behaviour in Australia: Evidence from the 2019 Consumer Payments Survey

14 Sep 2020 RDP 2020-06
James Caddy, Luc Delaney and Chay Fisher
a credit card still made over half of their payments using a debit card. ... direct debits), which are recorded separately in a post-diary questionnaire (see Section 6.2).
https://www.rba.gov.au/publications/rdp/2020/2020-06/full.html
See 9 more results from "RDP 2020-06"

Real-time Payments in Australia

3 May 2022 Speech
Ellis Connolly
Speech delivered by Ellis Connolly, Head of Payments Policy Department, Opening Address to the Real Time Payments Summit 21/22, ICC, Sydney
https://www.rba.gov.au/speeches/2022/sp-so-2022-05-03.html

How Australians Pay: Evidence from the 2016 Consumer Payments Survey

1 Jul 2017 RDP 2017-04
Mary-Alice Doyle, Chay Fisher, Ed Tellez and Anirudh Yadav
A small decline in the relative use of BPAY may reflect increased use of automated payments (which include BPAY) and direct debits for bill payments, which were recorded separately (see Section ... They also include direct debits, where an individual
https://www.rba.gov.au/publications/rdp/2017/2017-04/full.html
See 6 more results from "RDP 2017-04"

The Shift to Electronic Payments – Some Policy Issues

28 Mar 2023 Speech
Ellis Connolly
Speech delivered by Ellis Connolly, Head of Payments Policy, AFR Banking Summit, Sydney
https://www.rba.gov.au/speeches/2023/sp-so-2023-03-28.html

The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
Figure 19: Change in Share by Number of Debit and Credit Card Payments. ... Debit cards. 4.3. 7.3. Reward cardholder status. Owns a rewards card.
https://www.rba.gov.au/publications/rdp/2023/2023-08/full.html
See 7 more results from "RDP 2023-08"

The Changing Way We Pay: Trends in Consumer Payments

4 Feb 2015 RDP PDF 1225KB
2 Transaction-level information about direct debits was collected in the end-of-survey. ... direct debit – where an individual gives prior authorisation to a merchant for payments to be automatically deducted from their bank account. •
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-05.pdf

How Australians Pay: Evidence from the 2016 Consumer Payments Survey

24 Jul 2017 RDP PDF 1438KB
reflect increased use of automated payments (which include BPAY) and direct debits for bill. ... For. instance, according to the RBA’s monthly retail payment statistics, the number of direct debits and BPAY payments.
https://www.rba.gov.au/publications/rdp/2017/pdf/rdp2017-04.pdf