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PayDay News | Australian Payments News

PayTech merger talk as banks demand controls over “free ride” NPP entrants

Editor
18 Feb, 2026
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Warwick Ponder
Editor
18 Feb, 2026
Add us as a preferred source on Google
With growing rumours about consolidation of real time PayTech companies, the big banks want them to cough up extra dollars for network builds and provide more assurances that new entrants can be trusted.
PayTech merger talk as banks demand controls over “free ride” NPP entrants
Westpac CEO Anthony Miller says the regulatory framework needs to create a level playing field for all participants, while CBA says economic and liability models of the NPP invite free-riding participation

With growing rumours about consolidation of real time PayTech companies, the big banks want them to cough up extra dollars for network builds and provide more assurances that new entrants can be trusted.

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