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RBA Glossary definition for PDS

PDS – Payment Delivery System

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Surveillance of the Financial System

30 Jun 1998 RBA Annual Report – 1998
Migration of payments to the SWIFT PDS was completed in March 1998, mostly from an electronic payments system which has now ceased operation. ... This included technical linkages to the SWIFT PDS and changes to the management of within-day liquidity and
https://www.rba.gov.au/publications/annual-reports/rba/1998/surveillance.html

Financial System Surveillance | Reserve Bank of Australia Annual Report - 1994

30 Jun 1994 Annual Report
PDS), which together will form the core of the reformed Australian payments system. ... The PRESS/PDS project is at the stage where formal tenders have been sought from three suppliers.
https://www.rba.gov.au/publications/annual-reports/rba/1994/financial-sys-sur.html