Open banking the saviour of payments platform POLiPay
POLi Pay had already had secured API deals with the big four banks but new open banking rules allow for product innovation.
POLi Pay has been in operation in NZ since 2007.
For all of the 16 years controversial payments platform POLi Pay has been in business in New Zealand, it’s been asking the banking industry for a proper application programming interface (API)-driven way of making a connection.
Banks had been stalling on introducing open banking – a system that
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