First Data partners Accenture and VocaLink for real-time payments in Australia

Transfer funds between bank accounts

First Data, a provider of electronic commerce and payment processing, is partnering with Accenture, a management consulting, technology and outsourcing services provider and VocaLink, an international payments company, to launch a technical solution for Immediate Payments in Australia (view press release). The partnership aims to enable Australian consumers and businesses to transfer funds between bank accounts in real or near real-time, instead of waiting between one-to-three days.

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