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PayDay News | Australian Payments News

RBA not happy with BECS migration – wants better data on risks and end user costs

PayDay News
7 Mar, 2025
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Staff Reporter
PayDay News
7 Mar, 2025
Add us as a preferred source on Google
The Reserve Bank of Australia (RBA) has reiterated its concern about industry progress on decommissioning a platform that currently manages a range of Australia’s critical payments including social security, motor cars, salaries, pensions and bills.
RBA not happy with BECS migration – wants better data on risks and end user costs
RBA not happy with BECS migration – wants better data on risks and end user costs

The Reserve Bank of Australia (RBA) has reiterated its concern about industry progress on decommissioning a platform that currently manages a range of Australia’s critical payments including social security, motor cars, salaries, pensions and bills.

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