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RBA Glossary definition for PPFs

PPFs – Purchased payments facilities

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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

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

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

1 Mar 2014 Submissions
PIN. Personal Identification Number. POS. Point of Sale. PPF. Purchased Payment Facility.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/abbreviations.html

Retail Payments Regulation and Policy Issues

17 Oct 2019 PSB Annual Report – 2019
In particular, the FSI viewed the regulatory arrangements for purchased payment facilities (PPF), a type of SVF, as complex and subject to potential regulatory overlap. ... The Productivity Commission recommended that the CFR review the regulatory
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html

Retail Payments Regulation and Policy Issues

20 Sep 2018 PSB Annual Report – 2018
One area of potential improvement is the regulatory framework for purchased payment facilities (PPFs), which has been identified as being unnecessarily complicated, involving multiple regulators (including the Bank) and various regulatory
https://www.rba.gov.au/publications/annual-reports/psb/2018/retail-payments-regulation-and-policy-issues.html

Retail Central Bank Digital Currency: Design Considerations, Rationales and Implications

17 Sep 2020 Bulletin – September 2020
Tony Richards, Chris Thompson and Cameron Dark
There has recently been increasing international focus on the possible issuance of central bank digital currencies (CBDC), or what might be considered a digital equivalent of banknotes.
https://www.rba.gov.au/publications/bulletin/2020/sep/retail-central-bank-digital-currency-design-considerations-rationales-and-implications.html

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

1 Mar 2014 Submissions
Submission to the Financial System Inquiry 8. Developments and Innovation in the Payments System. Download 3.1. MB. A safe, competitive and efficient payments system is essential to support the day-to-day business of the Australian economy.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html