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CBA will be among the first financial institutions to adopt the new service. The New Payments Platform (NPP) has confirmed that a small group of payment service providers have now begun offering PayT
An improved system for managing direct debits is going live. CBA and Bendigo Bank will be among the first to offer it to customers in the coming months.
The PayTo service has been hit with delays. Merchants will have to wait for lower payment costs, as customer control over direct debits is also pushed back.