NAB, BPAY quietly loan that is back payday API

NAB, BPAY quietly loan that is back payday API

Earnd overlay solution accesses wages because they accrue.

The occasions of cash-strapped workers being obligated to max their bank cards and take away pay day loans at interest levels above 20 per cent could quickly be numbered, all by way of a modest API that pits usage of pay-as-you-earn wages against rapacious unsecured financing rorts.

In a move that competes straight against lucrative charge card interest and interchange charges, NAB and BPAY have quietly backed an software deliberately created as being a term that is short killer that harnesses use of the New Payments system via BPAY overlay solution Osko to expedite usage of pay-in-arrears. Continue reading “NAB, BPAY quietly loan that is back payday API”