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RBA Glossary definition for 24/7

24/7 – 24 hours a day, 7 days a week

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Leaning In: Towards Better Payment and Clearing Systems

17 May 2019 Speech PDF 401KB
The NPP is an infrastructure thatallows instant payments to be made and received 24/7, with richer information and simpleraddressing. ... There were already anumber of fast retail payment services around the world and customers were increasingly
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-05-16.pdf

Abbreviations

9 Aug 2023 RBA Annual Report - 2022 PDF 65KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/abbreviations.pdf

Opening Remarks

15 Mar 2021 Speech PDF 154KB
TheRBA has played a significant role in building the New Payments Platform (NPP), a critical piece ofnational infrastructure, which enables us all to make fast payments on a 24/7 basis.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-03-15.pdf

Reserve Bank of Australia Annual Report 2023

16 Oct 2023 RBA Annual Report - 2023 PDF 201KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/abbreviations.pdf

The Economics of a Central Bank Digital Currency in Australia

7 Dec 2022 Speech PDF 685KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-ag-2022-12-08.pdf

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

Speech Fast Payments in Australia Michele Bullock Assistant Governor ...

15 Mar 2018 Speech PDF 170KB
For example, the taxonomy lists ISO standardand 24/7 availability as being highly desirable features enhancing customer value – the NPP offersboth these. ... But not many countries currently provide real-timesettlement of retail payments, and even
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-03-13.pdf

Real-time Payments in Australia

5 May 2022 Speech PDF 265KB
Mostconsumers and businesses can make and receive real-time payments 24 hours a day, every day ofthe year. ... This figure isconsiderably higher than other 24/7 services such as card payment services, for which the averageoutage duration per service
https://www.rba.gov.au/speeches/2022/pdf/sp-so-2022-05-03.pdf

Reserve Bank of Australia Annual Report 2020 - Our Role

14 Oct 2020 Annual Report PDF 453KB
As part of its strategic plan, the Bank has six strategic focus areas, which are outlined further in the Bank’s Corporate Plan for 2020/21 to 2023/24.1 The ... Service of RITS settles obligations arising from individual payments exchanged on the New
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/our-role.pdf

02/10/2019 Remarks at Reserve Bank Board Dinner | Speeches ...

1 Oct 2019 PDF 181KB
All up,there are 14 $100 notes on issue for every Australian, 30 $50s, and 7 $20s. ... Australianshave clearly embraced the convenience of contactless payments. We are also increasingly embracingpayments through Australia's fast 24/7 payment system, the
https://www.rba.gov.au/speeches/2019/pdf/sp-gov-2019-10-01.pdf