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RBA Glossary definition for direct entry credit

direct entry credit – A pre-planned credit from one account to another.

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11 Feb 2020 DOCX 175KB
Q10: Is there a case for a further lowering of the credit or debit interchange benchmarks or any change in the way they are applied? ... 23. ANZ suggests that if lower credit or debit interchange benchmarks are to be considered, a more detailed
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/anz.DOCX

19 February 2020 Tony Richards Head of Payments Policy ...

19 Feb 2020 DOCX 95KB
Payments Platform (NPP), Direct Entry (BECS) and BPAY. ... Legacy systems and products (such as direct entry) are becoming older due to the pace of innovation and are therefore unlikely to attract dedicated investment.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/cuscal.DOCX