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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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Financial Services

18 Sep 2023
Banking Services; Registry Services; Commonwealth Government Securities Tender Information; Commonwealth Bond Facility for Small Investors
https://www.rba.gov.au/fin-services/

Consumer Payment Behaviour in Australia

15 Jun 2023 Bulletin – June 2023
Thuong Nguyen and Benjamin Watson
The results of the Reserve Bank’s 2022 Consumer Payments Survey show that consumers continue to shift from using cash to electronic payment methods – a trend that was accelerated by the COVID-19 pandemic and consumers’ preference towards using
https://www.rba.gov.au/publications/bulletin/2023/jun/consumer-payment-behaviour-in-australia.html

Banking Services

9 Mar 2023
Banking Services; Registry Services; Commonwealth Government Securities Tender Information; Commonwealth Bond Facility for Small Investors
https://www.rba.gov.au/fin-services/banking.html

List of tables | 2017 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
c) Excludes intraday repurchase agreements. (d) Includes BPay. (e) Gross value of equity trades. ... Low Value Settlement Service. Cheque, DE (including the BPAY system) and card transactions.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2017/tables.html

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

9 Mar 2023
d) Excludes intraday repurchase agreements. (e) Includes BPAY. (f) Gross value of equity trades. ... Low Value Settlement Service. Cheque, DE (including the BPAY system) and card transactions.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2018/tables.html

List of tables | 2015 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
e) Includes BPay. (f) Gross value of equity trades. (g) Net value of property settlement batches; each property settlement batch may involve a number of payments. ... Low Value Settlement Service. Cheque, DE (including the BPAY system) and card
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2015/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/

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

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