it's like the 10th thing in mobile payment space so why NPP differs and will win is not answered in comparison.
you can skip mostly rhetorical, revisionist smartphone history and references to Kenya/Australia.
https://en.m.wikipedia.org/wiki/New_Payments_Platform
It's basically an Australian national initiative backed by their banking system to build a whole new set of financial infrastructure.
The RBC has a paper with an overview of these types of systems that could be worth a read if you're curious:
http://www.bankofcanada.ca/wp-content/uploads/2016/06/sdp201...
> It’s getting hard to remember, but a decade ago — before iPhone — all our mobiles were dumbphones. We’d use them to call or text and perhaps play the occasional game of snake. But that’s it. That’s all we could do.
That's just simply unture.
Yes, on the one hand, it's a contextually small detail. Unfortunately, on the other hand, I can't help feel it calls into question the rest of the content since they couldn't be bothered inform them self on a basis point.
Edit: Blockquote fail
> writes for El Reg
Not quite the same thing, but would likely suffice for many use cases.