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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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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
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
Attachment: Decisions of the Payments System Board
12 May 2006
Speech
PDF
18KB
Attachment to Opening Remarks to the House of Representatives Standing Committee on Economics, Finance and Public Administration, Sydney, 15 May 2006
https://www.rba.gov.au/speeches/2006/pdf/sp-ag-150506-attachment.pdf
Presentation to Australian Bankers' Association and Australian Payments Clearing Association Forum on Payment Systems Evolution: Where to…
26 Sep 2006
Speech
PDF
374KB
Payment Systems
https://www.rba.gov.au/speeches/2006/pdf/sp-ag-270906-slides.pdf
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
13/12/2017 An eAUD? | Speeches http://www.rba.gov.au/speeches/2017/sp-gov-2017-12-13.html 1/12 ...
12 Dec 2017
PDF
222KB
the number of debit and credit cardtransactions and in transactions using the direct entry system. ... These are:. the importance of allowing merchants to route debit card transactions through the least-costnetwork.
https://www.rba.gov.au/speeches/2017/pdf/sp-gov-2017-12-13.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
Financing SME Innovation in Australia – Challenges and Opportunities
4 Apr 2024
Speech
PDF
956KB
Speech - 2024
https://www.rba.gov.au/speeches/2024/pdf/sp-ag-2024-04-04.pdf
A Tokenised Future for the Australian Financial System?
16 Oct 2023
Speech
PDF
504KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-10-16.pdf
The Extraordinary Decline in Australia's Net Foreign Liabilities
18 Oct 2023
Speech
PDF
781KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-10-18.pdf