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  # 735678 20-Dec-2012 18:48
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All the retailers must have been advised that its warned against by banks by now. Any that still are accepting it are IMO negligent.




Richard rich.ms

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  # 735716 20-Dec-2012 20:45
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richms: All the retailers must have been advised that its warned against by banks by now. Any that still are accepting it are IMO negligent.


Including no less than 5 government departments.  NZTA says "we're monitoring the situation".  Negligence is an understatement.

 
 
 
 


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  # 735719 20-Dec-2012 20:53
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They should really pull finger in light of kioskgate or whatever they named that fiasco.




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  # 735933 21-Dec-2012 10:56
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sbiddle:
bagheera:


Of course, the more automated it can be, the less human interaction is required, making the whole thing cheaper, I suppose POLi is meant to provide for both this level of automation,and also some assurance on the part of the receiver that the transaction has actually taken place, without waiting for 'overnight transactions'... so all we need is for the banks to start talking to eachother in realtime instead of simply nightly?



it at least 5 time a day now days, not over night.

http://www.stuff.co.nz/business/money/6688633/Bank-to-bank-fund-transfers-speed-up


Fund being transferred between banks, and finds appearing in your account aren't the same thing.

With ANZ moving to Systematics the realtime functionality that did exist for the last few months has now gone, hence the news stories about beneficaries now complaining that they don't get their payments until the promised date, rather than the evening before which had been occuring.


ANZ never had real time payment functionality.

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  # 735942 21-Dec-2012 11:17
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1080p:
ANZ never had real time payment functionality.


ANZ payments were semi real time (as in were processed multiple times per day) since earlier in the year from a couple of other banks. This functuionality was never promoted as it ultimately disappeared with the move to Systematics.

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  # 735966 21-Dec-2012 11:42
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sbiddle:
1080p:
ANZ never had real time payment functionality.


ANZ payments were semi real time (as in were processed multiple times per day) since earlier in the year from a couple of other banks. This functuionality was never promoted as it ultimately disappeared with the move to Systematics.


Why they did bother going to the effort of making their system work for multiple settlements per day when they knew it was being dumped a few months later?




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