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PayToMorrow? As it won't be today or the next...

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The RBA announced this week that the major banks will be allowed an extra 9 months to deliver PayTo, the highly anticipated iteration of NPP (new payments platform) allowing payment initiation.

Perhaps for Fintech, this is a prudent time to validate, innovate and prepare so that when launched, solutions hit the ground running and we see a shorter j-curve for adoption.

What are some innovative use cases for PayTo in market for both consumers and business?

https://www.itnews.com.au/news/major-banks-get-more-time-to-deliver-new-npp-functionality-579512

Note: PayTo is still due to go-live mid-2022 with a number of participating institutions.



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