Market Information

Financial institutions, utilities and telecommunications companies are just some of the organizations who have moved or are moving quickly to adopt Electronic Bill Presentment and Payment (EBPP) Solutions, and CommSecure expects to see one in five bills being received and accessed electronically in Australia within 2-3 years.

The Reserve Bank of Australia stated that approximately 190 non-cash payments (excluding cash and cheques) were made per capita in 2005. With approximately 20 million people, this translates to 3.8 billion non-cash payment transactions per annum.

This page will provide further interesting and useful information and links regarding this growing industry:

• BPAY
• Australian Payments Clearing Association
• DCITA - Exploration of Future Electronic Payments Markets
• Guidelines for establishing Direct Debit Requests electronically or by telephone