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
Modernising Australia's Payments System
11 Mar 2024
Speech
PDF
486KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-12-12.pdf
An Efficient, Competitive and Safe Payments System
14 Dec 2022
Speech
PDF
638KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-gov-2022-12-14.pdf
Policymaking at the Reserve Bank
18 Oct 2022
Speech
PDF
489KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-dg-2022-10-18.pdf
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
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
The Shift to Electronic Payments – Some Policy Issues
12 Apr 2023
Speech
PDF
615KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-03-28.pdf
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
Competition and Regulation in the Card Payments Market
18 Mar 2010
Speech
PDF
39KB
Card Payments Market
https://www.rba.gov.au/speeches/2010/pdf/sp-ag-150310.pdf
The Reserve Bank of Australia - Post Wallis
27 Feb 2001
Speech
PDF
73KB
12. encouraging use of credit cards rather than direct debits for routine billpayments. ... Consumers overseas may not be inherently more trusting, but they havebeen making much greater use of direct debits; the incentives to do so haveincluded the offer
https://www.rba.gov.au/speeches/1999/pdf/sp-ag-281099.pdf