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| Acceptgiro payments have had their day |
1/26/2007 |
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Thursday 25 January 2007
The big three Dutch banks – ING, ABN Amro and Rabobank – are working together on phasing out the current system of payment by acceptgiro (through which companies and local authorities send customers a ready-prepared cheque to sign).
The banks say they can make considerable savings by replacing the paper payment system with internet-based billing, the Financieele Dagblad reported.
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