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RBA Glossary definition for PPFs

PPFs – Purchased payments facilities

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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

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

RBA submission to Defining payment functions consultation - July 2023

16 Jan 2024 Submissions PDF 445KB
Currently, SVFs are known as purchased payment facilities (PPFs). The RBA has regulatory responsibility for some PPFs under Part 4 of the PSRA. ... Removing the PSRA PPF provisions before the licensing framework is legislated would result in a regulatory
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-defining-payment-functions-consultation-july-2023.pdf

Reforms to the Payment Systems (Regulation) Act 1998

20 Dec 2023 Submissions PDF 306KB
The RBA has. regulatory responsibility for some PPFs under Part 4 of the PSRA. ... Government may need to consider interim arrangements for PPFs, to facilitate a smooth transition from.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/treasury-consultation-on-reforms-to-the-psra-submission-07-07-2023.pdf

Supplementary Submission to the Financial System Inquiry August 2014

26 Aug 2014 Submissions PDF 339KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/pdf/financial-system-inquiry-2014-08.pdf

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology

9 Jan 2020 Submissions PDF 797KB
For entities that. 6 The 2014 Financial System Inquiry identified the regulation of purchased payment facilities (PPFs) – a particular type. ... arrangements for PPFs.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf

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

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

Competition in the Australian Financial System - March 2018

21 Mar 2018 Submissions PDF 503KB
Supplementary Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system-2018-03/pdf/supplementary-submission-to-productivity-commission-march-2018.pdf

Submission to the Financial System Inquiry March 2014

10 Nov 2017 Submissions PDF 3041KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/pdf/financial-system-inquiry-2014-03.pdf