What is PayTo? PayTo is a new, digital way for businesses to initiate real-time payments from their customers’ bank accounts. Using PayTo, customers can pre-authorise once-off or recurring transactions to be processed in real time, 24/7. PayTo was developed in...
2020 and 2021 will go down in history as years that irrevocably reshaped organisations worldwide. Almost overnight, everyone from small businesses to multinational companies had to adopt new ways of keeping their employees, customers and suppliers connected – and...
The way Australians pay has changed significantly over the last decade, with more and more of us opting to pay electronically. The 2021 Payments System Board Annual Report identified a number of emerging trends and developments in retail payments. 1. Electronic...