T8: Volume of transactions processed by selected payment systems
(millions, unless otherwise stated; total for the year)
«Australia»
 Year
« ‹ 2020 › »
 2016 2017 2018 2019 2020
Large-value payment systems
RITS
Total gross volume 11112121312
Breakdown of 'total gross volume' by instrument type
Credit transfersnapnapnapnapnap
Direct debitsnapnapnapnapnap
Chequesnapnapnapnapnap
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Partial breakdown of 'total gross volume'
Of which: volume of settlement in the PS in question for other PSsnavnavnavnavnav
Breakdown of 'volume of settlement in the PS in question for other PSs'
 by PS whose transactions are settled
Concentration ratio in terms of volume (%)69.3068.9069.1269.7169.88
Fast payment systems
NPP
Total gross volume 1napnap74275570
Breakdown of 'total gross volume' by instrument type
Credit transfersnapnap74275570
Direct debitsnapnapnapnapnap
Chequesnapnapnapnapnap
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Number of netting cyclesnapnapnapnapnap
 1 The Fast Settlement Service (FSS), which settles transactions for the New Payments Platform (NPP), went live on 13 February 2018.