US EditionGovernment must lead real-time payments transition
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Government must lead real-time payments transition
Only government has the scale to bend the adoption curve to Australia’s real-time payment infrastructure, writes Chris Jewell. Australia built world‑class digital rails in the New Payments Platform. Yet across government – the nation’s single largest processor of payments – the dominant rail for moving money is still the old direct‑entry system behind BECS. The gap between what we’ve built and what we use is now the core risk to meeting industr…
·Glebe, Australia
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