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RBA Glossary definition for direct debit

direct debit – A pre-authorised debit on the payer's bank account initiated by the recipient (payee).

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List of tables

12 Sep 2014 PSB Annual Report – 2014
BPAY. 4.1. 1.8. 824. 5.5. 10.6. 7.2. 10.3. Direct debits. 9.8. ... Number per capita, 2012. Cheques. Direct debits. Direct credits. Debit card.
https://www.rba.gov.au/publications/annual-reports/psb/2014/tables.html

Payments System Regulation and Policy Issues

27 Sep 2023 PSB Annual Report – September 2023
Payments System Regulation and Policy Issues | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/payments-system-regulation-and-policy-issues.html

Debit Cards

20 Sep 2005 PSB Annual Report – 2005
Debit transaction, even though the funds may have been drawn from the same deposit account. ... This is despite Visa Debit not offering interest-free credit to the cardholder.
https://www.rba.gov.au/publications/annual-reports/psb/2005/debit-cards.html

List of tables

26 Sep 2006 PSB Annual Report – 2006
Direct debits. 6. 22. 15. Direct credits. 27. 45. 5. Debit cards. ... Cheques. Direct. debits. Direct. credits. Debit. cards. Credit. cards. Total. United States.
https://www.rba.gov.au/publications/annual-reports/psb/2006/tables.html

FSR Developments in the Financial System

10 Sep 2008 FSR – September 2008
Another key element of the package is the introduction of a ‘listing and switching’ service in relation to transaction accounts, to simplify the process of identifying existing direct debit and credit ... if requested by the customer, the customer's
https://www.rba.gov.au/publications/fsr/2008/sep/dev-sys-infra.html

Payments System Regulation and Policy Issues

28 Sep 2022 PSB Annual Report – September 2022
This service can be used as a modern alternative to the direct debit system, giving payers greater control and transparency over their recurring payments. ... Currently, some payment systems have access criteria that make it difficult for non-banks to
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html

Domestic Regulatory Developments

8 Apr 2022 FSR – April 2022
The direct effects on the Australian financial system have therefore been modest so far. ... These are the Mastercard debit and credit card systems, the Visa debit and credit card systems, the EFTPOS card system and the New Payments Platform.
https://www.rba.gov.au/publications/fsr/2022/apr/regulatory-developments.html

List of tables

20 Sep 2018 PSB Annual Report – 2018
Direct credits. (a). 16.6. 62.8. 3,483. 6.9. 2.8. 7.5. 4.8. Direct debits. ... e) Includes BPAY; adjusted for a reporting change in May 2018, which decreased the number and value of direct credit and direct debit payments.
https://www.rba.gov.au/publications/annual-reports/psb/2018/tables.html

List of tables

14 Sep 2017 PSB Annual Report – 2017
18.7. 51.9. 4,045. 6.9. 5.4. 7.1. 4.9. Direct debits. 10.0. 35.7. ... a)(b). Excluding GST; cents unless otherwise specified. Category. Debit Schemes. Prepaid Schemes.
https://www.rba.gov.au/publications/annual-reports/psb/2017/tables.html

Payments System Board Annual Report 2023

11 Oct 2023 PSB Annual Report - 2023 PDF 2459KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/psb-annual-report-2023.pdf