IPF urges immediate action to protect critical payments following damning BECS migration assessment
IPF urges immediate action to protect critical payments following damning BECS migration assessment
The payments industry must take immediate steps to protect and regulate fees on critical payments like wages, superannuation, health, welfare and pensions that are being migrated from the aging Bulk Electronic Clearing System (BECS), according to a new report by Independent Payments Forum Australia (IPF).
March 20, 2025
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