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As a participant, what are the responsibilities or liabilities to enable Modernised API?

The Modernised API is PayNet’s initiative to create a standardised, future-ready API framework across our ecosystem. While it introduces a new connectivity method, participants remain bound by the existing Operational Procedures (OPs) and Overlay Service Procedures (OSPs) for the respective DuitNow products and services.
 

In short, enabling the Modernised API doesn’t change your core responsibilities, it simply offers a more streamlined and scalable way to connect.