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Faster Payments Down Under

01 November 2012 | 7563 views | 1

Kris Kubiena, proposition delivery director at Vocalink talks about the payments infrastructure review in Australia and the global march of immediate payments.

Comments: (1)

Ketharaman Swaminathan
Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune | 05 November, 2012, 11:41

Having seen VocaLink and Accenture deliver FPS to one UK bank, I'm sure they'll do a great job for many others, including in Australia.

Related to Kris K's comments about realtime bill payments, we're seeing a lot of traction in many geographies around this topic. The widespread use of QR codes in effect permits 1-click bill payments from a smartphone. In fact, frustrated at eBill penetration plateauing at less than 25% globally, many billers are eyeing immediate bill pay as a way to take eBill adoption to the next level. 

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