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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Payments System Issues
24 Feb 2009
Media Releases
Media Release announcing the imposition by the Bank of an Access Regime on the ATM system, variations to the Bank's Financial Stability Standards (for Central Counterparties and Securities Settlement Facilities) and the outcome of the Bank's
https://www.rba.gov.au/media-releases/2009/mr-09-03.html
Strategic Review of Innovation in the Payments System
7 Jun 2012
Media Releases
The Reserve Bank has released the conclusions of its Strategic Review of Innovation in the Payments System
https://www.rba.gov.au/media-releases/2012/mr-12-14.html
Payments System Issues
27 Nov 2009
Media Releases
At its meeting on 23 November 2009, the Payments System Board decided to amend the EFTPOS interchange fee Standard to make the regulation of EFTPOS interchange fees more consistent with that for scheme debit interchange fees
https://www.rba.gov.au/media-releases/2009/mr-09-27.html
Review of Card Payments Regulation: Conclusions
26 May 2016
Media Releases
The Reserve Bank has released the Conclusions to its Review of Card Payments Regulation and Final Standards relating to Surcharging and to Interchange Fees in designated card schemes.
https://www.rba.gov.au/media-releases/2016/mr-16-15.html
Payments System Reform
26 Aug 2009
Media Releases
The Payments Sytem Board is of the view that it would not be in the public interest to remove interchange regulation at this time
https://www.rba.gov.au/media-releases/2009/mr-09-18.html
Payments System Issues
22 Sep 2009
Media Releases
Announcement of a short paper setting out the Payments System Board's proposal to change the regulation of interchange fees in the EFTPOS system and a draft Standard
https://www.rba.gov.au/media-releases/2009/mr-09-20.html
Reform of Australia's Payments System: Conclusions of the 2007/08 Review
26 Sep 2008
Media Releases
Conclusions of the extensive review of the payments system reforms undertaken by the Payments System Board
https://www.rba.gov.au/media-releases/2008/mr-08-16.html
Payments System Board Consultation on Card Surcharging
8 Jun 2011
Media Releases
At its meeting on 20 May, the Payments System Board decided to hold a public consultation on potential modifications to the ‘no-surcharge’ Standards that apply to the credit card and scheme debit card systems in Australia
https://www.rba.gov.au/media-releases/2011/mr-11-10.html
BIS and Central Bank Partners to Explore Protocols for Embedding Policy and Regulatory Compliance in Cross-border Transactions
5 Oct 2023
Media Releases
The BIS Innovation Hub Singapore Centre, Reserve Bank of Australia, Bank of Korea, Bank Negara Malaysia, and Monetary Authority of Singapore today launched Project Mandala.
https://www.rba.gov.au/media-releases/2023/mr-23-26.html
Payments System Board Update: May 2019 Meeting
24 May 2019
Media Releases
Least-cost routing of debit card transactions. The Board has been supportive of dual-network debit cards because they provide convenience and choice to both consumers and merchants and can help
https://www.rba.gov.au/media-releases/2019/mr-19-13.html