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RBA Glossary definition for PPFs
PPFs – Purchased payments facilities
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Retail Central Bank Digital Currency: Design Considerations and Rationales
15 Oct 2020
Speech
PDF
284KB
3]. See APRA (2020).[4]. In Australia, e-money facilities are known as purchased payment facilities (PPFs) and are regulated by the ReserveBank under the Payment Systems (Regulation) Act 1998, or
https://www.rba.gov.au/speeches/2020/pdf/sp-so-2020-10-14.pdf