How will eSettlements work when there are two providers? You might be asking, with two electronic lodgement network operators (ELNOs), how will e-Settlements work? Will I have to sign up to both? In order to facilitate competition between electronic lodgment network providers, it’s important that customers can switch between providers easily.The good news? The answer is how the ELNOs function together. This means interoperability. Interoperability will help enable switching (between two or more ELNOs) to be as frictionless as possible. This will drive efficiencies in the market as end users are able to identify and move to the best service. Interoperability is common in industries where data is shared between networks. For example, telecommunication companies. They operate by sharing data to facilitate calls and text messages. This enables consumers to communicate with each other irrespective of which network carrier they are a customer of.In an e-conveyancing context, interoperability is the ability for two or more ELNOs to communicate with one another via the sharing of an agreed data set, thereby allowing freedom of choice between which platform you use. There is currently an industry forum working through the possible solutions to competition and interoperability. This is a collaborative national approach