The banks' plan for new mobile payment systems clears CCPC

The banks’ plan for new mobile payment systems clears CCPC

A plan from the largest retail banks for a new mobile-based payment system for competing services such as Revolut has been given the green light by the Competition and Consumer Protection Commission (CCPC) provided that certain binding commitments are met. The Synch platform is established through a joint venture of AIB, Bank of Ireland, Permanent …

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