my 2c on ISO20022 and NPP. Now with Eftpos online transactions being so cheap, the pipe dream of having NPP as a valid option in a shopping cart (called Request to Pay) is becoming less viable especially as it is a 2 step process (customer clicks twice). Every payment ive done from bank-to-bank (consumer) has arrived within 10sec but alternatives are catching up. Internally at the banks, the product owners want investment to improve their NPP offering but internal bank funding is scarce as the bank dont see a return. as such, Cuscal has got its act together and seems to be the main one supporting innovative fintech using NPP APIs. but imo NPP will be used for specialised examples only (unless banks make NPP cheaper than direct entry which i just dont see coming) which are:
1) RTGS substitute
2) Direct Debit through 3rd party fintechs where a Direct Debit facility is not apptoved by a bank (normally die to lack of credit as bank will fund merchant day 1 whereas t+3 is considered the risk. hence why many 3rd parties settle in 3 days)
3) Specilised businesses where depositing/recieving funds instantly 24/7 is vital (ie, wage acceleration businesses)
in reality, NPP is good for consumers but has a long way to go (price vs capability) before it superceeds Direct Entry or Eftpos.
- Forums
- ASX - By Stock
- Novatti - The $1 party
my 2c on ISO20022 and NPP. Now with Eftpos online transactions...
- There are more pages in this discussion • 848 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOV (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $19.52M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.5¢ | $2.823K | 51.32K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 51783 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.055 |
2 | 76666 | 0.054 |
2 | 138329 | 0.053 |
1 | 192307 | 0.052 |
3 | 202000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 51783 | 1 |
0.057 | 10000 | 1 |
0.058 | 77488 | 1 |
0.060 | 115000 | 1 |
0.062 | 35000 | 1 |
Last trade - 10.06am 01/05/2024 (20 minute delay) ? |
|
|||||
Last
5.5¢ |
  |
Change
-0.001 ( 1.79 %) |
|||
Open | High | Low | Volume | ||
5.5¢ | 5.5¢ | 5.5¢ | 27775 | ||
Last updated 10.14am 01/05/2024 ? |
Featured News
NOV (ASX) Chart |
The Watchlist
BPH
BPH ENERGY LTD
David Breeze, MD & Executive Chairman
David Breeze
MD & Executive Chairman
SPONSORED BY The Market Online