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Payments: the road ahead
When BPAY launched in the late 1990s it revolutionised online banking in Australia – a single bill payment service adopted across the national banking sector. It provided a safe, trusted way for consumers and billers to transact online at the early stages of internet adoption. Now 25 years later, Australians are some of the most digitally active in the world. Last year, more than a third of consumers used their mobile device to make a contactless payment in a week – an increase of 25 percent since 2019. "It is a once in a lifetime opportunity in payments in this country to be part of creating what the future of ... (full story)