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RBA Glossary definition for PPFs
PPFs – Purchased payments facilities
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Strategic Review of Innovation in the Payments System
1 Sep 2011
PDF
277KB
purchased payment facilities (PPF). PayPal is currently the only business listed in the PPF.
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/strategic-review-of-innovation-in-the-payments-system/submissions/201106-strategic-review-innovation/paypal.pdf