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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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List of tables

24 Oct 2016 PSB Annual Report – 2016
BPAY. 3.7. 2.2. 923. 3.5. 8.1. 4.9. 10.4. Direct debits. (a). ... Number per capita, 2014. Cheques. Direct debits. Direct credits. Debit card.
https://www.rba.gov.au/publications/annual-reports/psb/2016/tables.html

The Use of Established Payment Methods | Results of the Reserve Bank of Australia's 2010 Consumer Payments Use Study June 2011 |…

7 Jun 2011 Consultations
This covered all payments initiated by a third party, including direct debits through the direct entry system as well as automatic payments initiated on credit and scheme debit cards. ... Direct debits are widely used by consumers, with over
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/results/established-payment-methods.html

Other Remote Payment Methods

31 Dec 2014 RDP 2014-05
Crystal Ossolinski, Tai Lam and David Emery
direct debit – where an individual gives prior authorisation to a merchant for payments to be automatically deducted from their bank account. ... BPAY and direct debit together account for around half of all bill payments; internet and phone banking
https://www.rba.gov.au/publications/rdp/2014/2014-05/oth-rem-pay-meth.html
See 7 more results from "RDP 2014-05"

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

List of tables

10 Sep 2012 PSB Annual Report – 2012
6.9. Direct debits. (a). 9.7. 40.0. 8,319. 3.7. 9.6. 6.2. 6.9. ... Number per capita, 2010. Cheques. Direct debits. Direct credits. Debit card.
https://www.rba.gov.au/publications/annual-reports/psb/2012/tables.html

List of tables

8 Sep 2011 PSB Annual Report – 2011
4.4. Direct debits. 10.0. 37.9. 7,387. 3.6. 2.6. 5.4. 3.5. Direct credits. ... Cheques. Direct debits. Direct credits. Debit card. (a). Credit card. (b).
https://www.rba.gov.au/publications/annual-reports/psb/2011/tables.html

Trends in Payments, Clearing and Settlement Systems

14 Sep 2017 PSB Annual Report – 2017
Direct debit arrangements are also used extensively by consumers and businesses to make recurring payments. ... Direct entry makes up the majority of the value of retail payments through RITS.
https://www.rba.gov.au/publications/annual-reports/psb/2017/trends-in-payments-clearing-and-settlement-systems.html

FSR Developments in the Financial System

10 Sep 2008 FSR – September 2008
Another key element of the package is the introduction of a ‘listing and switching’ service in relation to transaction accounts, to simplify the process of identifying existing direct debit and credit ... if requested by the customer, the customer's
https://www.rba.gov.au/publications/fsr/2008/sep/dev-sys-infra.html

List of tables

20 Sep 2005 PSB Annual Report – 2005
Debit Cards. Joint Study announced. Joint Study released. EFTPOS industry working group formed. ... 0. 1. 1. Direct debit. 3. 5. 6. Through an agent.
https://www.rba.gov.au/publications/annual-reports/psb/2005/tables.html

Policymaking at the Reserve Bank

18 Oct 2022 Speech
Michele Bullock
Speech delivered by Michele Bullock, Deputy Governor, AFIA Annual Conference, Sydney
https://www.rba.gov.au/speeches/2022/sp-dg-2022-10-18.html