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The benefit of using NPP is if the used car buyer has their banking app on their phone or other device, they can turn up to the seller and transfer the funds at the point of sale. The seller can then check and see that the money has landed in their account.
The benefit of using NPP is if the used car buyer has their banking app on their phone or other device, they can turn up to the seller and transfer the funds at the point of sale. The seller can then check and see that the money has landed in their account.