What 1LINK Means for Consumers
1LINK acts as a nationwide interbank payment switch used by multiple institutions for bill lookup and payment movement. In practice, many app and bank bill payments route through this backbone.
How It Typically Works
- You enter reference number in a bank or wallet app.
- System fetches current payable bill details.
- After confirmation, payment is settled via participating rails.
Consumer Benefits
- Broad channel availability across banks/wallets.
- Consistent bill-lookup flow using one reference number.
- Centralized, recognized payment infrastructure.