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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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List of tables | 2014 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
d) Includes BPay. (e) Gross value of equity trades. Sources: ASX; CLS; RBA. ... Low Value Settlement Service. Multilateral net batch. Cheque, DE (including the BPAY system) and card (ATM, eftpos and credit card).
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2014/tables.html

Submissions on Review of Retail Payments Regulation

9 Mar 2023
Payments System Board Submissions on Review of Retail Payments Regulation
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/index.html

Submissions on Consultation on New Payments Platform Functionality and Access

9 Mar 2023
A listing of submissions received relating to the New Payments Platform
https://www.rba.gov.au/payments-and-infrastructure/new-payments-platform/submissions/

General Background | 2013 Self-assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
Bilateral net settlement obligations arising from each separate APCA clearing system, including cheque, DE (including the BPAY system) and card (ATM, eftpos and credit card), are provided to the Bank by
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/background.html

Descriptions for Reasons for the Decision to Designate the EFTPOS Payment System Images

9 Mar 2023
cheques, direct credits, direct debits and BPAY. ... The number of BPAY transactions per capita per year rose from about 0.2 in 1998 to 5 by 2004.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/eftpos-decision-img-desc.html

Appendix A: Background Information | 2022 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
Low-Value Settlement Service. Cheque, DE (including the BPAY system), Visa and ATM transactions.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/appendix-a.html

Appendix A: Background Information | 2021 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
Low-Value Settlement Service. Cheque, DE (including the BPAY system), Visa and ATM transactions.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/appendix-a.html

Reasons for the Decision to Designate the EFTPOS Payment System

9 Mar 2023
This statement provides the reasons for the decision of the Payments System Board to designate the Electronic Funds Transfer at Point Of Sale (EFTPOS) debit card payment system as a payment system under Section 11 of the Payment Systems (Regulation)
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/eftpos-decision.html

Appendix A: Background Information | 2020 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
Low-Value Settlement Service. Cheque, DE (including the BPAY system), Visa and ATM transactions.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/appendix-a.html

The Bank's Reforms and Rationale | Issues for the 2007/08 Review – May 2007

9 Mar 2023
It also encouraged BPAY to publish its interchange fees. The Bank also reports regularly on developments in the payments system. ... Other than the card systems, the only other payment system in Australia that has interchange fees is the BPAY system.
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/review-0708-issues/reforms-rationale.html