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: Diary Study Fields
1 Jul 2009
RDP
2009-04
7. Personal cheque. 8. BPAY. 9. Other. One of the following methods:.
https://www.rba.gov.au/publications/rdp/2009/2009-04/appendix-a.html
Data and Summary Statistics
1 Jul 2009
RDP
2009-04
Conversely, cheques and BPAY are used relatively more for higher-value consumer payments, together accounting for 29 per cent of the payments above $500. ... Petrol/store card. Cheque. 1. 9. BPAY. 2. 9. Other. (b). 1.
https://www.rba.gov.au/publications/rdp/2009/2009-04/data-summary-statistics.html