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RBA Glossary definition for balance of payments

balance of payments – A summary of the economic transactions between residents of one country and residents of other countries.

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Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions

8 May 2024 Submissions
The Bank supports the inclusion of third-party payment initiation capability in Open Banking. ... As discussed earlier in this submission, from early 2022 the Mandated Payments Service (MPS) will enable the NPP to provide payment initiation services.
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html

Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions

8 May 2024 Submissions
Mobile payment services can be facilitated by a range of participants in the payments system including banks, technology companies and other third parties. ... Graph 1. Mobile payment services can in principle use a range of technologies to facilitate
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html

Applications for Authorisation in Relation to PIN@POS – July 2016 | Payments System | Submissions

8 May 2024 Submissions
choices in accepting payment instruments; improving access to payment systems; and increasing transparency in the payments system. ... As part of its work, the Board monitors developments in payments fraud, since fraudulent transactions can affect the
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-07/index.html

Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2020 | Responses and…

8 May 2024 Submissions
Submissions – Payments System Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology. ... Households and businesses are also well served by a modern, efficient and resilient electronic payment system
https://www.rba.gov.au/publications/submissions/payments-system/supplementary-submission-technology-12-2020/index.html

Applications for Authorisation in Relation to PIN@POS – Auguest 2013 | Payments System | Submissions

8 May 2024 Submissions
In that submission, the Bank noted that, on balance, it supported the granting of interim authorisation for that purpose. ... The implementation of mandatory PIN@POS arrangements will impose costs on consumers, merchants and financial
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-08/index.html

Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper

8 May 2024 Submissions
Submissions – Payments System Proposed merger between Armaguard and Prosegur. Submission to the ACCC. ... its mandate under the PSRA to promote competition and efficiency in the payments system.
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Introduction

8 May 2024 Submissions
Download 906. KB. Credit cards offer two separate – albeit interrelated – functions, a payments function and a credit function. ... In particular, the Reserve Bank's Payments System Board (PSB) has an obligation to promote the efficiency of the
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/introduction.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-References

8 May 2024 Submissions
Payments Consulting Network (2014), ‘2013 Australian ATM and Branch Automation Market Study’, 30 May. ... RBA (2015a), Review of Card Payments Regulation: Issues Paper, March. RBA (2015b), ‘Box E: Offset Account Balances and Housing Credit’,
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/references.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-The Credit Card Market

8 May 2024 Submissions
Interest payments: Data reported to APRA put these at around $5.4 billion in 2014 for banks. ... Cardholders that identify as ‘revolvers’ (i.e. who pay interest on balances) are more likely to hold a lower-rate card than ‘transactors’ (who
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/the-credit-card-market.html

Financial Conditions

7 May 2024 SMP – May 2024
Financial Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/financial-conditions.html