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Can you give me an example of when I might need to use a fast payment?

Laura and Tim go out for dinner. The restaurant doesn’t split bills and Tim doesn’t have enough cash to pay for his share. Laura pays for the whole bill and Tim transfers his share of the bill to Laura using her BSB and Account Number or a PayID if she has one registered - she receives his share of the bill in under a minute, despite the fact they bank with different financial institutions.

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