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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 | Submission to the Financial System Inquiry March 2014 | Financial Sector | Submissions

1 Mar 2014 Submissions
40.5. 1.3. 11.7. 11.9. Credit/charge cards. 22.9. 1.7. 10.8. 12.4. BPAY. ... Sources: APCA; BPAY; RBA. Table 8.2: Selected Non-cash Payments By Country.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/tables.html

Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
BPAY and eftpos, initiated a process to explore whether some form of cooperation or consolidation might improve efficiency and innovation. ... In December, NPPA, BPAY and eftpos jointly announced a plan to amalgamate under a new company with a single
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
annualised basis), compared with around 120 transactions per person for the older direct entry system (including BPAY).
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…

1 Mar 2014 Submissions
Since 1997, consumers and billing businesses have also rapidly adopted BPAY, an electronic bill payment system. ... For payment methods not used at the point of sale, the DE system had the lowest cost, followed by BPAY, credit cards and cheques.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html