Instant online transfers promise to remove the often frustrating delays that come with online payment transfers. With the ability to use an email address or phone number to transfer money (instead of BSB and account number) about to increase, it all adds up to online payments becoming quicker and easier than ever.
CHOICE looks at the new technology, security considerations and potential outcomes with our latest article on real-time payments:
*EDIT At last check, the service intended for launch in early 2018. Check the Osko website for the latest updates.