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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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Abbreviations

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

Banking and Payment Services

9 Aug 2023 RBA Annual Report - 2022 PDF 351KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/banking-and-payment-services.pdf

Banking and Payment Services

27 Oct 2022 RBA Annual Report – October 2022
Other payment methods offered and utilised by our customers during the reporting period included the New Payments Platform (NPP), RTGS, cheque and BPAY. ... The LVSS collates interbank obligations, which arise from cheques, some debit and credit cards,
https://www.rba.gov.au/publications/annual-reports/rba/2022/banking-and-payment-services.html

Abbreviations

27 Oct 2022 RBA Annual Report – 2022
BIS. Bank for International Settlements. BPA. bulk purchase annuity. BPAY. A payments clearing organisation owned by a group of retail banks.
https://www.rba.gov.au/publications/annual-reports/rba/2022/abbreviations.html

Reserve Bank of Australia Annual Report 2021

29 Sep 2022 RBA Annual Report 2021 PDF 6721KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/2021-report.pdf

The Evolving Retail Payments Landscape

28 Sep 2022 PSB Annual Report – September 2022
22.7. 4,159. 6.6. 13.1. 8.9. 3.1. BPAY. 2.3. 3.0. 1,424. 0.3.
https://www.rba.gov.au/publications/annual-reports/psb/2022/the-evolving-retail-payments-landscape.html

Payments System Regulation and Policy Issues

28 Sep 2022 PSB Annual Report – September 2022
merger with BPAY and eftpos and also pending the outcome of the Treasury Payments System Review.
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html

About the Payments System Board

28 Sep 2022 PSB Annual Report – September 2022
BPAY. Details of the steps taken to achieve compliance with the policy, including the minutes of informal meetings between departments, are audited every three years by the Banks Audit Department, with ... The Bank divested its shareholding in NPPA when
https://www.rba.gov.au/publications/annual-reports/psb/2022/about-the-payments-system-board.html

The Evolving Retail Payments Landscape

27 Sep 2022 PSB Annual Report - 2022 PDF 564KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/the-evolving-retail-payments-landscape.pdf

About the Payments System Board

27 Sep 2022 PSB Annual Report - 2022 PDF 554KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/about-the-payments-system-board.pdf