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RBA Glossary definition for PPFs

PPFs – Purchased payments facilities

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Productivity | Explainer | Education

29 Sep 2023
This series provides short, concise explanations for various economics topics.
https://www.rba.gov.au/education/resources/explainers/productivity.html

Glossary

22 Jan 2024
A glossary of terms used on the RBA website
https://www.rba.gov.au/glossary/

Payments System Board Update: May 2018 Meeting

18 May 2018 Media Releases
At its meeting today, the Payments System Board reviewed industry progress on providing merchants with the ability to route contactless debit card transactions to their lowest-cost processing network. Least-cost routing (LCR), or merchant routing,
https://www.rba.gov.au/media-releases/2018/mr-18-12.html

Abbreviations

20 Sep 2018 PSB Annual Report – 2018
PFMI. Principles for Financial Market Infrastructure. PPFs. Purchased payment facilities. PPS.
https://www.rba.gov.au/publications/annual-reports/psb/2018/abbreviations.html

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

28 Dec 2019 Submissions
The 2014 Financial System Inquiry identified the regulation of purchased payment facilities (PPFs) – a particular type of SVF defined in legislation – as having scope to be improved, and the Productivity ... s 2018 Inquiry into Competition in the
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

Retail Central Bank Digital Currency: Design Considerations and Rationales

14 Oct 2020 Speech
Tony Richards
Speech delivered by Tony Richards, Head of Payments Policy, UWA Blockchain, Cryptocurrency and Fintech Conference, Online
https://www.rba.gov.au/speeches/2020/sp-so-2020-10-14.html

Developments in the Financial System Architecture

10 Mar 2015 FSR – March 2015
The FSI also recommends simplifying the regulatory framework for payment systems, particularly for Purchased Payment Facilities (PPFs). ... This would include APRA developing a new two-tiered prudential regime for PPFs, and the government and ASIC
https://www.rba.gov.au/publications/fsr/2015/mar/dev-fin-sys-arch.html

The Payments System | Supplementary Submission to the Financial System Inquiry – August 2014 | Financial Sector | Submissions

1 Aug 2014 Submissions
Like any other financial product, PPFs are subject to ASIC's conduct and disclosure regulation. ... APRA. Under the PSRA, any other PPF must be authorised or exempted by the Bank.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/payments-system.html

Transcript of Question & Answer Session on 27 November 2018

27 Nov 2018 Speech
Tony Richards
Transcript of Question & Answer Session , Australian Payment Summit, Sydney
https://www.rba.gov.au/speeches/2018/sp-so-2018-11-27-q-and-a-transcript.html

Transcript of Question & Answer Session on 14 June 2019

14 Jun 2019 Speech
Tony Richards
Transcript of Question & Answer Session , Sydney
https://www.rba.gov.au/speeches/2019/sp-so-2019-06-14-q-and-a-transcript.html