RBA frustrated with banks over slow PayTo adoption Finance Julian Bajkowski 1 November 2022 The Reserve Bank's Payment Systems Board says take-up of the PayTo service is being impeded by the slow rollout at retail institutions.
Sydney fintech Hello Clever bags $4.5 million in seed funding, as it pits ‘buy to earn’ model against BNPL Startup News David Adams 23 August 2022 Hello Clever has completed a $4.5 million seed funding round, driving its plan to lure millennial and gen Z shoppers away from buy now, pay later services while pioneering the use of Australia's new PayTo technology.
Aussie businesses ready to roll out new PayTo platform at July 1 launch Finance Sophie Venz 19 May 2022 As part of a new partnership with GoCardless, Cape will be one of the first businesses in Australia to use the NPP's new PayTo payments initiative.
Explained: Everything SMEs need to know about the federal government’s new PayTo platform Cashflow Simone Joyce 6 April 2022 A major change is coming for small businesses when the federal government’s new real-time payments initiative PayTo goes live from July 1, 2022.
