57% of Aussie corporates unaware of BECS “2030+” shutdown: CBA research

Warwick Ponder
Editor
12 Nov, 2025
New CommBank research suggests the majority of Australian corporates are unaware that the industry is planning to decommission the Bulk Electronic Clearing System (BECS) by “2030+”.
57% of Aussie corporates unaware of BECS “2030+” shutdown: CBA research

New CommBank research suggests the majority of Australian corporates are unaware that the industry is planning to decommission the Bulk Electronic Clearing System (BECS) by “2030+”.

Subscriber article

This article is available to PayDay News subscribers.

trending

Visa's average credit card merchant fee reached 1.00% in the June quarter, the highest since the RBA began publishing fees by scheme, and up five basis points over
The end of card surcharging on October 1 has merchants across Australia looking at ways to hand out and handle more cash.
On The Interchange Bench this week, Brazil’s A2A network draws a tariff, a fake Matt Comyn offers us US $35 million in a Whatsapp scam, former RBA payments
The Commonwealth Bank says escalating geopolitical tensions, cyber threats and artificial intelligence are transforming operational resilience from a compliance obligation into a competitive advantage for financial institutions and
Three reforms are converging to strengthen PayTo, delivering stronger consumer protections, clearer fraud liability and greater confidence in account-to-account payments as merchants search for trusted, low-cost alternatives to

RELATED STORIES ▸

What can we learn from Malaysia on A2A retail?
What can we learn from Malaysia on A2A retail?
What can we learn from Malaysia on A2A retail?
Ubiquitous, domestically-owned, cheaper and faster, account-to-account (A2A) retail payments are booming in Malaysia, so why isn’t it taking off in ...
Customers waiting as real-time ‘future by committee’ inches forward
Customers waiting as real-time ‘future by committee’ inches forward
Customers waiting as real-time ‘future by committee’ inches forward
Australia's real-time payments future is moving deeper into detailed deliberations about roadmap development, with customers still waiting to join the ...
Reforms converge to reshape PayTo protections as demand for card alternative grows
Reforms converge to reshape PayTo protections as demand for card alternative grows
Reforms converge to reshape PayTo protections as demand for card alternative grows
Three reforms are converging to strengthen PayTo, delivering stronger consumer protections, clearer fraud liability and greater confidence in account-to-account payments ...
Stripe’s tiny fee cut won’t achieve RBA’s claimed savings
Stripe’s tiny fee cut won’t achieve RBA’s claimed savings
Stripe’s tiny fee cut won’t achieve RBA’s claimed savings
If payments behemoth Stripe’s tiny 0.05% fee cuts are anything to go by, the RBA has no chance of achieving ...
NPP cloud migration delayed by technical risks
NPP cloud migration delayed by technical risks
NPP cloud migration delayed by technical risks
Australian Payments Plus has removed the target date for its planned New Payments Platform cloud migration after delivery partner concerns ...
Kiwis business case for centralised real-time payments delayed
Kiwis business case for centralised real-time payments delayed
Kiwis business case for centralised real-time payments delayed
Unlike Australia, where the private sector runs the distributed real-time NPP network, New Zealand's central bank has taken control, but ...

Got a story to share?

Get in touch with PayDay News today!

Advertising Enquiry

Fill out the form below, and we will be in touch shortly.

Contact Information

Got a story to share

Fill out the form below, and we will be in touch shortly.

Contact Information