31 Jul 2019

  • ISO 20022 is an agreed methodology used to create a consistent “messaging standard” between financial institutions in the exchange of payment information, enabling a shared understanding and interpretation of the data. 

  • SWIFT has announced it plans to stop supporting non-ISO 20022 messaging standards by November 2025. This will potent...

10 Jul 2019

  • Automatic payments are payments debited by a service provider from a customer's bank account or credit/debit card for an agreed amount and frequency;

  • The service provider must gain the customer’s authority, one time upfront, to debit funds on an ongoing basis. Automatic payments will continue until the customer withdraws their permiss...

Please reload

MARKETINSIGHTS Giving you the latest global and domestic developments 

affecting the payments landscape in Australia today.

Consumer
Centric
Technology and Innovation
Policy and 
Regulation
ARCHIVES
Please reload

Disclaimer

The opinions and views expressed in this publication are those of the authors exclusively and do not purport to reflect the opinions, views or official policy position of AusPayNet or its members. This publication is also subject to the AusPayNet Terms of Use and Privacy Policy available on the AusPayNet website.

 

Copyright © 2017 AusPayNet. All rights reserved.  

Read full Terms of Use

Privacy Statement