Australia Real-Time Payments Proposal – RTPC Bank Consortia Feb 2013

Australia Real Time Payments Proposal RTPC Bank Consortia Feb 2013The Real-Time Payments Committee was formed in September 2012 to develop a clear way forward for the Australian payments industry on real-time, low value payments.

Download full reportThe catalyst for action was the publication in June 2012 of the Payments System Board’s Strategic Review of Innovation in the Payments System; Conclusions (Conclusions Paper). In the Conclusions Paper, the Payments System Board (PSB) sets out strategic objectives for the development of Australian real-time low value payments. The Committee is committed to working with the Reserve Bank of Australia (RBA) and the Australian payments industry participants on payment system evolution.

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