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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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11/12/2019 What's on the Cards? | Speeches ...

11 Dec 2019 PDF 156KB
One of the broad landscape issues is the possibility of some coordination orconsolidation in the three domestically-focused payment schemes or systems; namely BPAY, eftposand NPPA.
https://www.rba.gov.au/speeches/2019/pdf/sp-so-2019-12-10.pdf

12/12/2019 Opening Statement to the Senate Economics Legislation Committee ...

19 Dec 2019 Speech PDF 316KB
One of these was in cash. Nearly half of thesetransactions used bank transfers, while other payment methods included cheques, credit cards,BPAY, debit cards and PayPal, in that order.
https://www.rba.gov.au/speeches/2019/pdf/sp-so-2019-12-12.pdf

Real-time Payments in Australia

5 May 2022 Speech PDF 265KB
The recent merger of NPPA, BPAY and eftpos to form Australian Payments Plus (AP+) should result ina more unified investment roadmap. ... 4]. One of the undertakings made by NPPA, BPAY and eftpos as part of their merger to form AP+ was to agree on
https://www.rba.gov.au/speeches/2022/pdf/sp-so-2022-05-03.pdf

10/12/2019 A Payments System for the Digital Economy | ...

10 Dec 2019 Speech PDF 326KB
BPAY has indicated itis ready to complete the rollout. ... Graph 7. Third, is there a case for some rationalisation of Australia's three domestically focused paymentschemes, namely BPAY, eftpos and NPPA?
https://www.rba.gov.au/speeches/2019/pdf/sp-gov-2019-12-10.pdf

13/12/2017 Merchant Payment Costs and Least-cost Routing | Speeches ...

13 Dec 2017 PDF 291KB
such as cards, BPAY, and other electronic funds transfers likethe ‘pay anyone’ functionality offered in online banking.
https://www.rba.gov.au/speeches/2017/pdf/sp-so-2017-12-13.pdf

Competition and Regulation in the Card Payments Market

18 Mar 2010 Speech PDF 39KB
Card Payments Market
https://www.rba.gov.au/speeches/2010/pdf/sp-ag-150310.pdf

03/10/2018 An Update on Australia's New Payments Platform | ...

3 Oct 2018 Speech PDF 213KB
The first overlay service, Osko by BPAY, is a basic fast payment with enhanced data.
https://www.rba.gov.au/speeches/2018/pdf/sp-so-2018-10-03.pdf