Division 18

Credit transfers reported under ‘initiated on a single payment basis’ are further broken down by ‘ATM or other PSP terminal’, ‘mobile payment solution’ and ‘online banking based credit transfers’. ‘ATM or other PSP terminal’ only includes non-remotely initiated credit transfers while ‘mobile payment solution’ and ‘online banking based credit transfers’ only include remotely initiated credit transfers. As the sub-categories are mutually exclusive, the total number of credit transfers is the sum of the sub-categories. The same principle applies to the total value of credit transfers.