Search: direct debit
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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The Evolving Payments Landscape
21 Oct 2021
PSB Annual Report
– 2021
Payment cards are the most commonly used retail payment method in Australia, and debit cards are increasingly preferred to credit cards for many transactions. ... The NPP's new ‘PayTo’ service, scheduled to be launched in mid 2022, will bring direct
https://www.rba.gov.au/publications/annual-reports/psb/2021/the-evolving-payments-landscape.html
Payments System Board Annual Report 2022
27 Sep 2022
PSB Annual Report
- 2022
PDF
2830KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/psb-annual-report-2022.pdf
Reform of Card Payment Systems
26 Sep 2006
PSB Annual Report
– 2006
an interchange Standard for the EFTPOS system;. an interchange Standard for the Visa Debit system; and. ... Collectively, these arrangements distorted the relative competitive positions of the EFTPOS and scheme debit systems.
https://www.rba.gov.au/publications/annual-reports/psb/2006/reform-card.html
Payment Systems Technology and Architecture
26 Sep 2006
PSB Annual Report
– 2006
Participants who enter the system indirectly do so as a ‘customer’ of a direct participant, who then directs their messages to other direct participants. ... In Australia, the EFTPOS system, the direct credit and direct debit systems and the ATM
https://www.rba.gov.au/publications/annual-reports/psb/2006/payments-tech-arch.html
The Evolving Payments Landscape
21 Oct 2021
PSB Annual Report
- 2021
PDF
434KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/the-evolving-payments-landscape.pdf
The Evolving Retail Payments Landscape
28 Sep 2022
PSB Annual Report
– September 2022
11.1. 55.0. 5,445. 1.6. 12.7. 3.2. 4.9. – Direct debits. 6.0. ... PayTo provides direct debit-like functionality, allowing consumers to pre-authorise standing arrangements for businesses to initiate fast payments from their bank accounts.
https://www.rba.gov.au/publications/annual-reports/psb/2022/the-evolving-retail-payments-landscape.html
Banking and Payment Services
12 Apr 2020
RBA Annual Report
– 2020
Direct costs. 110.7. 116.9. – Indirect costs. 0.0. 0.0. Total. ... of cheques, some debit and credit cards, BPAY, ATMs and direct entry.
https://www.rba.gov.au/publications/annual-reports/rba/2020/banking-and-payment-services.html
Payments System Board Annual Report 1999 - The Board's First Year
22 Sep 2005
PSB Annual Report
1999
PDF
394KB
https://www.rba.gov.au/publications/annual-reports/psb/1999/pdf/first-year.pdf
Reserve Bank of Australia Annual Report 2023
1 May 2024
RBA Annual Report
- 2023
PDF
9575KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/rba-annual-report-2023.pdf
Early Pension Withdrawal as Stimulus
19 Dec 2023
Research Workshop
PDF
882KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-hamilton-liu-miranda-pinto-sainsbury.pdf