The Australian Payments Council is the strategic coordination body for the Australian payments industry. It engages directly with the Reserve Bank of Australia’s Payments Systems Board.
We foster the ongoing development of the Australian payments system to ensure it continues to meet the changing needs of Australian businesses and consumers with innovative, secure and competitive payment services.
How we operate
The Australian Payments Council promotes industry collaboration and engages directly with the Reserve Bank of Australia’s Payments System Board driving a shared vision. It encourages and facilitates strategic alignment between the payments industry and the Payments System Board on significant payments issues and initiatives. The Australian Payments Council’s role is to coordinate industry efforts to:
Engage with the Payments System Board on setting and achieving strategic objectives
Identify and remove any barriers to innovation through collaboration
Identify strategic issues and emerging trends through constant scanning of the payments environment
Generate common industry positions for action and adoption by the industry with the endorsement of the Payments System Board