The impetus for a real-time payment platform came from a 2012 review by the Reserve Bank of Australia. It found Australia’s payment system lagged behind even less developed nations, such as Mexico. Now Pay id is here.
Banks
What does the surge in the Australian dollar mean for the global economy?
There’s been great interest surrounding the Australian economy – both on these shores and overseas – since a surge in value for the Aussie dollar. As July turned into August, the dollar shot beyond 80 US cents – almost 10 US cents higher than the rate last November and far higher than early 2016 and […]
Reserve bank of India going tough on PayPal users
With a growing number of people earning massive incomes In INDIA from work generated from the internet and online relating from website design to coding and programing work , the reserve bank of india is cracking down on income received via PayPal so that it remains more accountable. With income tax evasion considered to be […]
Are the Australian banks ripping us off ?
Banks declare huge profits Australians are feeling ripped off as the Big four banks who have a monopoly are increasing the interest rates out of tune of the RBS rate increases , even when they dont need too and are declaring huge profits. "The banks are a bunch of greedy thieves, ripping off Australians trying […]
