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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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Access Regime for the EFTPOS System - April 2006

26 Apr 2006 Media Release PDF 42KB
Reform of the EFTPOS and Visa Debit Systems in Australia
https://www.rba.gov.au/media-releases/2006/pdf/eftpos-access-regime.pdf

Reform of Debit Card Systems in Australia

20 Dec 2005 Media Releases
The Reserve Bank has gazetted a draft Access Regime for the EFTPOS system and released a Consultation Document. The proposals, together with APCA's EFTPOS Code, are designed to significantly improve access arrangements to Australia's EFTPOS system.
https://www.rba.gov.au/media-releases/2005/mr-05-16.html

Payment Systems (Regulation) Act 1998, Draft Access Regime for the designated EFTPOS payment system

20 Dec 2005 Media Release PDF 188KB
Reform of EFTPOS System in Australia
https://www.rba.gov.au/media-releases/2005/pdf/mr-05-16-gazette-notice-eftpos-access-regime.pdf

A Proposal for Implementing Real Time Gross Settlement in Australia (Media Release 1995-05 attachment 2)

13 Aug 2004 Media Release PDF 178KB
Once the $50 million payment was processed, the sub-limit could be re-set to Debit $20 million — the same as the overdraft limit. ... cheques, direct entry, EFTPOS, etc — would still be settled in multilateral net batches.
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-2.pdf

Payment Systems (Regulation) Act 1998 Access Regime for the designated EFTPOS system

23 Feb 2004 Media Releases
Payment Systems (Regulation) Act 1998 Access Regime for the designated EFTPOS system
https://www.rba.gov.au/media-releases/2006/mr-06-06-gazette-notice-eftpos-access-regime.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

RESERVE BANK OF AUSTRALIA FOREIGN EXCHANGE SETTLEMENTPRACTICES IN AUSTRALIA ...

18 Dec 1997 Media Release PDF 268KB
direct clearer; that is, thecorrespondent in turn sometimes used a correspondent to settle on its behalf. ... Not surprisingly, the choice of a correspondent often appears related to ownership.When the use of a related correspondent bank (ie parent or
https://www.rba.gov.au/media-releases/1997/pdf/fxsp.pdf

Reform of Interbank Payments - A Proposal for Implementing Real Time Gross Settlement in Australia

5 Apr 1995 Media Releases
Once the $50 million payment was processed, the sub-limit could be re-set to Debit $20 million — the same as the overdraft limit. ... While the RTGS system would eventually process all high-value payments in real time, payments taking place through the
https://www.rba.gov.au/media-releases/1995/mr-95-05-attach-2.html

Media Releases

6 Feb 2024 Media Release
Media releases issued by RBA.
https://www.rba.gov.au/media-releases/

Expectations for Tokenisation of Payment Cards and Storage of PANs

21 Dec 2023 Media Releases
The Bank has released a final set of expectations for the Tokenisation of Payment Cards and Storage of PANs, aimed at improving security, efficiency and competition for online card payments.
https://www.rba.gov.au/media-releases/2023/mr-23-37.html