Search: balance of payments
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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Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions
13 Jun 2023
Submissions
These payments, commonly known in payment systems as interchange fees, are often a feature of card payment networks. ... Nonetheless, these principles of efficiency argue that in general an efficient payments system is one that encourages, but does not
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html
Submission to Payments System Review – January 2021 | Responses and Options Paper
25 May 2023
Submissions
Over recent years, the payments industry has successfully collaborated on a number of initiatives to address card payment fraud. ... Changes in payment behaviour induced by the COVID-19 pandemic have reinforced the shift to electronic payments and online
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html
Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions
28 Dec 2019
Submissions
Technological innovation in the supply of payment services has spurred substantial change in the way Australians are making payments. ... In most cases, these new players still rely on the existing payment system infrastructure and payments system
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html
Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions
14 Jun 2023
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
Submission to Payments System Review
3 Feb 2021
Submissions
PDF
1155KB
material role in facilitating payments (e.g. possibly including payment gateways, mobile wallet. ... payments value-chain and changing the role of traditional providers of payment services.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf
Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions
25 May 2023
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
19 May 2023
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…
25 May 2023
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
Submission to the Inquiry into the Treasury Laws Amendment (Reserve Bank Reforms) Bill 2023 | Performance and Accountability | Submissions
2 Feb 2024
Submissions
Given this, the Bank supports a shift in the balance of skills represented on the Monetary Policy Board over time. ... powers on matters relevant to monetary policy – including use of the Banks balance sheet for this purpose.
https://www.rba.gov.au/publications/submissions/other/inquiry-into-the-treasury-laws-amendment-reserve-bank-reforms-bill-2023/index.html
Payments System Issues | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
Payment providers transfer customers' balances held on their balance sheets to customers of other institutions. ... In principle, institutions other than the existing members of the payments system could become large-scale providers of payment services
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/payments-system-issues.html