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Real-time payments are coming as soon as January for Australian banks

October 3, 2017

Real-time payments are coming as soon as January for Australian banks

A new payments system is “on track” to be able to deliver real time bank transfers and the ability to ditch BSB numbers from Australia Day.  The new payments platform or NPP is a $1 billion project to, and the company to run the system says it will be rolled out to the public after Australia Day next year.