What is BPAY payment ?

2009-09-30 01:24 from: HOW-PAY auther: HOW-PAY read:
BPAY is a payment method in Australia allowing Internet banking or telephone banking payments to registered BPAY merchants. The BPAY scheme was launched in 1997 and now more than 170 Australian banks, credit unions and financial institution

BPAY is a payment method in Australia allowing Internet banking or telephone banking payments to registered BPAY merchants.

The BPAY scheme was launched in 1997 and now more than 170 Australian banks, credit unions and financial institutions are participating members, covering around 90% of Australian consumer bank accounts. BPAY was the world's first single bill payment service adopted across the banking sector. Each month approximately 18 million bills to the value of $11 billion are paid to more than 16,000 business using BPAY.

In 2002 BPAY View was introduced. BPAY View is a bill payment service that delivers bills and statements electronically through Australian internet banking sites.

BPAY is a subsidiary of CardLink Services Limited (CSL).

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