Search: BPAY
RBA Glossary definition for BPAY
BPAY – BPAY is a payments clearing organisation owned by a group of retail banks. Individuals who hold accounts with a BPAY participating financial institution can pay billing organisations which participate in BPAY, using account transfers initiated by phone or internet. The transfers may be from savings, cheque or credit card accounts.
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Appendix A: Survey Methodology
27 Nov 2023
RDP
2023-08
Debit/credit card. (a). – Personal cheque. – BPAY. – Bank transfer (PayID). –
https://www.rba.gov.au/publications/rdp/2023/2023-08/appendix-a.html
Key Trends in Consumer Payments
27 Nov 2023
RDP
2023-08
Other means of online payment such as BPAY and internet banking applications account for relatively small shares of the number of consumer payments but a higher share when measured by the ... 9. 19. 22. 19. 26. BPAY. 2. 3. 3. 2. 2.
https://www.rba.gov.au/publications/rdp/2023/2023-08/key-trends-in-consumer-payments.html
The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
27 Nov 2023
RDP
2023-08
Other means of online payment such as BPAY and internet banking applications account for relatively small shares of the number of consumer payments but a higher share when measured by the ... Card payments are used least for household bills, with
https://www.rba.gov.au/publications/rdp/2023/2023-08/full.html
Online and Automatic Payments
27 Nov 2023
RDP
2023-08
Consumers are increasingly using their debit cards to make online payments, in addition to BPAY and bank transfers which have historically accounted for the largest share of online payments.
https://www.rba.gov.au/publications/rdp/2023/2023-08/online-and-automatic-payments.html
Card Payments
27 Nov 2023
RDP
2023-08
Card payments are used least for household bills, with consumers tending to use lower-cost payment methods such as bank transfers and BPAY for these payments.
https://www.rba.gov.au/publications/rdp/2023/2023-08/card-payments.html