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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Real-time Payments in Australia

5 May 2022 Speech PDF 265KB
It willmodernise the existing ‘direct debit’ system by giving customers more control. ... The introduction of PayTo will also pave the way for direct debitpayments to move to the NPP.
https://www.rba.gov.au/speeches/2022/pdf/sp-so-2022-05-03.pdf

Real-time Payments in Australia

3 May 2022 Speech
Ellis Connolly
Speech delivered by Ellis Connolly, Head of Payments Policy Department, Opening Address to the Real Time Payments Summit 21/22, ICC, Sydney
https://www.rba.gov.au/speeches/2022/sp-so-2022-05-03.html

Transcript of Question & Answer Session on 03 May 2022

3 May 2022 Speech
Ellis Connolly
Transcript of Question & Answer Session , Opening Address to the Real Time Payments Summit 21/22, ICC, Sydney
https://www.rba.gov.au/speeches/2022/sp-so-2022-05-03-q-and-a-transcript.html

Payments: The Future? - Presentation Slides

10 Dec 2021 Speech PDF 871KB
Number. 2019 20210. 50. 100. 150. 200. m. NPP. Direct entry. ... credit transfers. Direct entry. debit transfers. NPP share, by number. 2019 20210.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-12-09-presentation-slides.pdf

Payments: The Future?

9 Dec 2021 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, to the Australian Payments Network Summit 2021, Online
https://www.rba.gov.au/speeches/2021/sp-gov-2021-12-09.html

Transcript of Question & Answer Session on 09 December 2021

9 Dec 2021 Speech
Philip Lowe
Transcript of Question & Answer Session , to the Australian Payments Network Summit 2021, Online
https://www.rba.gov.au/speeches/2021/sp-gov-2021-12-09-q-and-a-transcript.html

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

Retail Central Bank Digital Currency: Design Considerations and Rationales

15 Oct 2020 Speech PDF 284KB
2]. [3]. [4]. Currently, however, individuals do not have direct access to central bank digital money. ... In this way it wouldfunction in much the same way as credit and debit cards currently do.
https://www.rba.gov.au/speeches/2020/pdf/sp-so-2020-10-14.pdf

Retail Central Bank Digital Currency: Design Considerations and Rationales

14 Oct 2020 Speech
Tony Richards
Speech delivered by Tony Richards, Head of Payments Policy, UWA Blockchain, Cryptocurrency and Fintech Conference, Online
https://www.rba.gov.au/speeches/2020/sp-so-2020-10-14.html

A Payments System for the Digital Economy

10 Dec 2019 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, to the 2019 Australian Payments Network Summit, Sydney
https://www.rba.gov.au/speeches/2019/sp-gov-2019-12-10.html