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RBA Glossary definition for direct entry payment

direct entry payment – A direct debit or credit.

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Summary

11 Feb 2020 DOCX 175KB
The present structure for industry governance and provision of domestic payment systems has been an important foundation for the positive performance of the Australian payments system. ... ANZ is also represented on the Australian Payments Council.]. ANZ
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

REVIEW OF RETAIL PAYMENTS REGULATION: ISSUES PAPER

12 Feb 2020 DOCX 55KB
In doing so, control over payments is being driven away from banks and larger payment card issuers, which drives innovation and competition. ... cost. This in turn has driven innovation and competition. There may be an opportunity to introduce a similar
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/truelayer.DOCX