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You may have the option to make a payment to a Pay Anyone payee using RTGS (real time gross settlement) which is a centralised payment system used in Australia for the same day settlement of Australian dollars transactions. The Account balances and transactions lists will be updated straight away, except credit cards and transfers to a foreign currency Account made after the payment cut-off time, where the transactions list will not update until the following Business Day. By using the Transfer Funds option in Online Banking, you may transfer funds between the eligible Westpac Accounts that are accessible through Online Banking. You need to be aware that any User authorised to approve payments on the Account(s) in Online Banking will also be able to make payments from the Account(s) in accordance with the access to the Account.
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Scrapping PKI certificates in favour of PRODA is one of 14 recommendations the Australian government has accepted following a review into health providers’ access to Medicare card numbers. The California-based storage and data management company said it’s important for organisations to draw distinctions between security and privacy, as one won’t protect against the other, especially in a courtroom. “Historically we have been allergic to reverse phone books, and mobile phone numbers have been more or less unlisted. But yes, you can Google many mobile numbers and get their owner and yes, ‘wild west’ reverse directories are all over the web,” he told ZDNet. The NPP went live last week and allows the transfer of money from one person to another in near real-time, using an email address or phone number rather than the traditional BSB or account number process via a PayID. “While unfortunate for the individuals involved, the discussion highlights the choice and benefits to be considered by users when they opt-in to create a PayID.” The company in charge of monitoring Australia’s New Payments Platform (NPP) issued a statement last week in response to concerns that its payid deposit pokies look-up function is an invasion of privacy after “a person on Twitter” posted screenshots of him entering random mobile numbers and returning PayIDs registered to real people.
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