[LINK] The New Payments Platform (NPP)

[David Lochrin]

On Wednesday 28 December 2016 14:56:58 Bernard Robertson-Dunn wrote:

> Browsing the NPP website:
> http://www.nppa.com.au/
> 
> It's a technology infrastructure linking financial institutions. The part between a customer (payer) and their financial institution is not in scope. Neither is is the connection to a recipient (payee).

In that case it's hard to see how personal payments on the basis of the payee's email address or 'phone number are relevant...(?)

> There seems to be nothing about the larger context in which it will work and so does not cover such mundane things as error processing, exceptions, reversal of payments, resolution of disputes, etc etc.
> 
> This could go badly, or at a minimum have teething troubles, IMHO.

That's an understatement!

David L.