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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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10/12/2019 A Payments System for the Digital Economy | ...

10 Dec 2019 Speech PDF 326KB
It is much easier and faster. One specific example of where the NPP is bringing direct benefits to people is its use by theAustralian Government, supported by the banking arm of ... This is a welcomedevelopment. One important element of the roadmap is
https://www.rba.gov.au/speeches/2019/pdf/sp-gov-2019-12-10.pdf

Modernising Australia's Payments System

25 Jun 2019 Speech
Michele Bullock
Speech delivered by Michele Bullock, Assistant Governor (Financial System), to the Central Bank Payments Conference, Berlin
https://www.rba.gov.au/speeches/2019/sp-ag-2019-06-25.html

Transcript of Question & Answer Session on 14 June 2019

14 Jun 2019 Speech
Tony Richards
Transcript of Question & Answer Session , Sydney
https://www.rba.gov.au/speeches/2019/sp-so-2019-06-14-q-and-a-transcript.html

Leaning In: Towards Better Payment and Clearing Systems

17 May 2019 Speech PDF 401KB
Other Aspects of Card PaymentsI want to finish by speaking briefly about competition in the debit card market in Australia. ... Debit cards are the non-cash payment method of choice for many Australians.
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-05-16.pdf

Leaning In: Towards Better Payment and Clearing Systems

16 May 2019 Speech
Michele Bullock
Speech delivered by Michele Bullock, Assistant Governor (Financial System), at ASIC Annual Forum, Sydney
https://www.rba.gov.au/speeches/2019/sp-ag-2019-05-16.html

Transcript of Question & Answer Session on 16 May 2019

16 May 2019 Speech
Michele Bullock
Transcript of Question & Answer Session , Keynote at ASIC Annual Forum, Sydney
https://www.rba.gov.au/speeches/2019/sp-ag-2019-05-16-q-and-a-transcript.html

Transcript of Question & Answer Session on 27 November 2018

27 Nov 2018 Speech
Tony Richards
Transcript of Question & Answer Session , Australian Payment Summit, Sydney
https://www.rba.gov.au/speeches/2018/sp-so-2018-11-27-q-and-a-transcript.html

An Update on Australia's New Payments Platform

3 Oct 2018 Speech
Anthony Richards
Speech delivered by Tony Richards, Head of Payments Policy Department, to the Chicago Payments Symposium, Federal Reserve Bank of Chicago, Chicago
https://www.rba.gov.au/speeches/2018/sp-so-2018-10-03.html

03/10/2018 An Update on Australia's New Payments Platform | ...

3 Oct 2018 Speech PDF 213KB
Indeed, the early signs are that banksare looking to move their Direct Entry payments over to the fast rails sooner than was earlierexpected. ... and mandate service that could be used to enable direct debits thoughthe NPP.
https://www.rba.gov.au/speeches/2018/pdf/sp-so-2018-10-03.pdf

Speech Fast Payments in Australia Michele Bullock Assistant Governor ...

15 Mar 2018 Speech PDF 170KB
But directdebits and credits, which go through the direct entry (DE) system, have also grown steadily over thepast two decades. ... In this sense, it is similar to other clearing and settlement systems – cheques,direct entry or payment cards, for
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-03-13.pdf