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Australia did a strategic review of payments in 2012, one of the findings was they needed instant payments - it was rolled out in 2018. The days of waiting days
by arlattimore 4y ago
Australia did a strategic review of payments in 2012, one of the findings was they needed instant payments - it was rolled out in 2018. The days of waiting days and days for money to transfer between banks/accounts/etc are a thing of the past and it is great. Great to see the same sort of capabilities coming to the EU!
- legulere 4y agoWire transfers already have a maximum limit of one day inside the EU, so at least you don’t have to wait days and days. Instant payments have the advantage that they better integrate into online shopping. You could have used signed receipts for the wire transfer by the bank instead though.