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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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Statistical Tables

10 May 2024 Statistics
Statistical Tables. This page lists statistical tables for a range of economic and financial data produced by the Reserve Bank of Australia and other organisations. These tables are subject to revisions and may be withdrawn or discontinued at any
https://www.rba.gov.au/statistics/tables/

Same-day Settlement of Direct Entry Payments

25 Nov 2013 Media Releases
Starting from 25 November, the settlement of Direct Entry (DE) obligations between payments system participants is occurring on a same-day, rather than next-day, basis
https://www.rba.gov.au/media-releases/2013/mr-13-24.html

Reform of Debit Card Systems in Australia

20 Dec 2005 Media Releases
The Reserve Bank has gazetted a draft Access Regime for the EFTPOS system and released a Consultation Document. The proposals, together with APCA's EFTPOS Code, are designed to significantly improve access arrangements to Australia's EFTPOS system.
https://www.rba.gov.au/media-releases/2005/mr-05-16.html

Changes to Statistical Tables

10 May 2024 Statistics
This revision improves the comparability of the average merchant fees data across debit card schemes. ... These data will exclude foreign bank branches. Direct credit substitutes now also includes merchant acquiring exposures.
https://www.rba.gov.au/statistics/tables/changes-to-tables.html

Payments System Reforms

27 Apr 2006 Media Releases
The Reserve Bank released a package of reforms to the EFTPOS and scheme debits systems. It also revoked the designation of the Bankcard system, which is in the process of winding up, and determined that the Payment Systems (Regulation) Act 1998 does
https://www.rba.gov.au/media-releases/2006/mr-06-02.html

Payments System Reform

10 Dec 2008 Media Releases
Media release announcing the designation of the ATM system, the release of a consultation document setting out a draft Access Regime of that system and the variation of the Interchange Fee Standards for credit and debit cards
https://www.rba.gov.au/media-releases/2008/mr-08-28.html

Discontinued Data

9 Mar 2023 Statistics
This page provides links to data no longer updated by the Reserve Bank of Australia
https://www.rba.gov.au/statistics/discontinued-data.html

Update on Payments System Issues

13 Sep 2006 Media Releases
Update on Payments System Issues
https://www.rba.gov.au/media-releases/2006/mr-06-06.html

Frequency of Statistical Releases

9 Mar 2023 Statistics
Average Merchant Fees for Debit, Credit and Charge Cards – C3. ... Direct Entry and NPP – Seasonally Adjusted Series – C6.
https://www.rba.gov.au/statistics/tables/frequency-statistical-releases.html

Payments System Board Update: November 2022 Meeting

24 Nov 2022 Media Releases
At its meeting today, the Payments System Board discussed the recent technology outage at the Bank, ASX CHESS replacement, cyber resilience at payments and market infrastructures, payments reforms including common access requirements, least-cost
https://www.rba.gov.au/media-releases/2022/mr-22-39.html