Search: direct debit
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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Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions
8 May 2024
Submissions
Direct debit allows payments to be initiated by a merchant's financial institution, with the customer authorisation held by the merchant. ... Credit cards and some debit cards allow payments to be initiated by a merchant with the customer's card number
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html
The Role of the Payments System Board
22 Feb 2001
Bulletin
PDF
65KB
Direct debits have always been a relativelylittle-used payment instrument in Australia.Though a convenient and relatively low-costway of meeting recurring bills, the number ofdirect debit transactions per capita has ... Direct debits. A second area
https://www.rba.gov.au/publications/bulletin/1999/jul/pdf/bu-0799-2.pdf
Electronic Indicators of Economic Activity
10 Jun 2012
Bulletin
– June 2012
The published RPS data include ATM cash withdrawals, eftpos transactions, credit and charge card transactions, as well as direct debits and credits, and cheques. ... The ‘Online Retail Sales Index’, produced by NAB and Quantium, estimates online
https://www.rba.gov.au/publications/bulletin/2012/jun/1.html
Some Features of the Australian Payments System
22 Feb 2001
Bulletin
PDF
41KB
In debit systems,such as direct debit and cheques, theprocessing of the payment begins with thepayee’s financial institution. ... By contrast, in theUnited Kingdom and France direct debits areat least as important as direct credits.
https://www.rba.gov.au/publications/bulletin/1998/dec/pdf/bu-1298-1.pdf
June | 2023
15 Jun 2023
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2023/jun/
Bulletin June Quarter 2023
29 Sep 2023
Bulletin
- June 2023
PDF
7089KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/bulletin-2023-06.pdf
List of tables | Submission to the Financial System Inquiry March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
Number. Value. Direct entry. 30.2. 87.4. 9.1. 15.1. Direct debits. 9.6. ... 37.8. 12.4. 17.0. Direct credits. 20.7. 49.6. 8.0. 13.9. Debit cards.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/tables.html
Transactional Banking at the RBA in Extraordinary Times
18 Jun 2020
Bulletin
– June 2020
The Reserve Bank of Australia (RBA) is the banker to the Commonwealth of Australia, supporting the Australian Government in its daily banking needs.
https://www.rba.gov.au/publications/bulletin/2020/jun/transactional-banking-at-the-rba-in-extraordinary-times.html
Bulletin March Quarter 2020
26 May 2020
Bulletin
- March 2020
PDF
5308KB
https://www.rba.gov.au/publications/bulletin/2020/mar/pdf/bulletin-2020-03.pdf
2020
13 Jul 2022
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2020/