About - Australian Payments Clearing Assn.

Russell Rechner, Chairman
Sydney, New South Wales, 2000

Payments are the lifeblood of an economy because they provide a reliable process for the exchange of value between parties.

These parties may range from an individual purchasing a coffee to corporate transactions worth tens of millions of dollars.....

Our involvement with the payment system is ever-present. We use it when we use our debit or credit card in a shop; when we withdraw money from an ATM; or when we buy something online.

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