Australian Payments Council
The Australian Payments Council was launched in 2014 following a joint consultation by APCA and the Reserve Bank of Australia (RBA) on establishing a new payments industry coordination body.
The Council’s role is to identify strategic industry issues and emerging trends, generate common industry positions for action and adoption, and engage directly with the Payments System Board to improve the Australian payments system.
The Council launched the Australian Payments Plan in December 2015. To ensure that the payments system remains resilient, efficient, accessible and adaptable over the next decade, the Plan identifies a number of initiatives that the payments community will work on together.
More information on the APCA and RBA consultation is provided below.