Search: direct debit

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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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Policymaking at the Reserve Bank

18 Oct 2022 Speech PDF 489KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-dg-2022-10-18.pdf

The Shift to Electronic Payments – Some Policy Issues

12 Apr 2023 Speech PDF 615KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-03-28.pdf

Media Releases – 2013

31 Dec 2013 Media releases issued in 2013
https://www.rba.gov.au/media-releases/2013/

Payments: The Future?

8 Dec 2021 Speech PDF 299KB
The first of these is the new PayTo service on the NPP, which is expected to serve as a replacementfor the current system of direct debits. ... The existing system of direct debits has worked well in some respects, but a more modern system isnow needed.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-12-09.pdf

The New Regulatory Framework for Surcharging of Card Payments

14 Sep 2016 Speech
Anthony Richards
Speech at the 26th Annual Credit Law Conference, Gold Coast
https://www.rba.gov.au/speeches/2016/sp-so-2016-09-14.html

Designation of Credit Card Schemes in Australia

12 Apr 2001 Media Releases
Following a decision by the Payments System Board, the Reserve Bank has today brought credit card schemes in Australia under its regulatory oversight
https://www.rba.gov.au/media-releases/2001/mr-01-09.html

Transcript of Question & Answer Session on 26 March 2024

26 Mar 2024 Speech
Ellis Connolly
Transcript of Question & Answer Session, AFR Banking Summit, Sydney
https://www.rba.gov.au/speeches/2024/sp-so-2024-03-26-q-and-a-transcript.html

Competition and Regulation in the Card Payments Market

18 Mar 2010 Speech PDF 39KB
Card Payments Market
https://www.rba.gov.au/speeches/2010/pdf/sp-ag-150310.pdf

An Efficient, Competitive and Safe Payments System

14 Dec 2022 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, at Australian Payments Network Summit 2022, Sydney
https://www.rba.gov.au/speeches/2022/sp-gov-2022-12-14.html

The Reserve Bank of Australia - Post Wallis

27 Feb 2001 Speech PDF 73KB
12. encouraging use of credit cards rather than direct debits for routine billpayments. ... Consumers overseas may not be inherently more trusting, but they havebeen making much greater use of direct debits; the incentives to do so haveincluded the offer
https://www.rba.gov.au/speeches/1999/pdf/sp-ag-281099.pdf