Banks lobby government on smartcard
An alliance of banks and electronic payment firms has begun publicly lobbying the federal government to deliver its $1.1 billion human services smartcard over private networks with the claim it would cost $500 million to replicate existing systems.
The newly-formed Australian Smartcard Users' Forum also claimed it would cost the government a further $60 million a year to maintain a payments network comparable to that operated by the private sector.
At Australian IT.
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