BECS payments

GPTKB entity

Statements (21)
Predicate Object
gptkbp:instanceOf Electronic Funds Transfer
gptkbp:administeredBy gptkb:Australian_Payments_Network
gptkbp:alternativeTo cash payments
cheque payments
gptkbp:currency gptkb:Australian_Dollar_(AUD)
gptkbp:enables bulk payment processing
automated recurring payments
gptkbp:fullName Bulk Electronic Clearing System payments
https://www.w3.org/2000/01/rdf-schema#label BECS payments
gptkbp:introducedIn 1970s
gptkbp:operatesIn gptkb:Australia
gptkbp:relatedTo APCA (Australian Payments Clearing Association)
NPP (New Payments Platform)
gptkbp:replacedBy NPP (New Payments Platform)
gptkbp:settlementType batch settlement
gptkbp:usedBy Australian banks
financial institutions in Australia
gptkbp:usedFor direct debit
direct credit
gptkbp:bfsParent gptkb:GoCardless_API
gptkbp:bfsLayer 7