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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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Banking in the 21st Century: The Transformation of an Industry | Conference – 1996

9 Jul 1996 Conferences
David T. Llewellyn
Similarly, the development of credit cards and debit cards erodes this same monopoly, and an increasing proportion of transactions can now be executed without the need for even a temporary stock ... Financial innovation and technology are also eroding
https://www.rba.gov.au/publications/confs/1996/llewellyn.html

Literature

11 Sep 2015 RDP 2015-03
Tai Lam and Crystal Ossolinski
Borzekowski, Kiser and Ahmed (2008) used survey data on debit card adoption and use to evaluate how US consumers reacted to per-transaction prices on card payments. ... 2.3 per cent surcharge on small-value payments would increase the use of debit cards
https://www.rba.gov.au/publications/rdp/2015/2015-03/literature.html
See 9 more results from "RDP 2015-03"

An Efficient, Competitive and Safe Payments System

14 Dec 2022 Speech PDF 638KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-gov-2022-12-14.pdf

An Update on Australia's New Payments Platform

3 Oct 2018 Speech
Anthony Richards
Speech delivered by Tony Richards, Head of Payments Policy Department, to the Chicago Payments Symposium, Federal Reserve Bank of Chicago, Chicago
https://www.rba.gov.au/speeches/2018/sp-so-2018-10-03.html

The Social Costs of Currency Counterfeiting

1 May 2015 RDP PDF 881KB
direct loss; and the wider public can lose confidence in the functionality of the currency. ... data. Deposit account transactions could be made using a proprietary debit card (e.g.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-05.pdf

Where's the Money? An Investigation into the Whereabouts and Uses of Australian Banknotes

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
Figure 11: Estimates of Cash Spending. Monthly. Notes: Card payments includes payments made by businesses using debit cards; dashed line indicates points that have been interpolated or extrapolated; dots indicate direct ... Banknote lodgements, on the
https://www.rba.gov.au/publications/rdp/2018/2018-12/full.html
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The Shift to Electronic Payments – Some Policy Issues

12 Apr 2023 Speech PDF 615KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-03-28.pdf

The Australian Financial System in the 2000s: Dodging the Bullet | Conference – 2011

24 Jul 2000 Conferences
Kevin Davis
By reducing and aligning interchange fees for debit and credit cards, and providing greater merchant discretion, a substantial increase in the relative use of debit cards has eventuated. ... for on-lending rather than facilitating direct borrowings by
https://www.rba.gov.au/publications/confs/2011/davis.html

Payments: The Future?

8 Dec 2021 Speech PDF 299KB
The first of these is the new PayTo service on the NPP, which is expected to serve as a replacementfor the current system of direct debits. ... The existing system of direct debits has worked well in some respects, but a more modern system isnow needed.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-12-09.pdf

Policymaking at the Reserve Bank

18 Oct 2022 Speech PDF 489KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-dg-2022-10-18.pdf