The New Payments Platform (NPP) is Australia's national fast payments infrastructure.
It was launched in 2018 to facilitate data-rich, real-time payments and help set up Australia's digital economy for the future.
More than 100 banks, credit unions, building societies, fintechs and other organisations use the platform to support real-time payments for consumers, businesses and government agencies.
Real-time clearing and settlement for simple or complex payments.
The platform operates 24 hours a day, 365 days a year.
More information with payments for efficient and automated processes.
Direct and receive payments easily and securely, using PayID® and an identifier such as a mobile number, email, ABN.
Whether it’s for simple account-to-account payments or more complex business, corporate or government payments, we're continually evolving the platform’s capability to meet the future needs of the Australian market.
FAST, DATA RICH PAYMENTS
Osko® is the secure payment service which enables real-time payments between bank accounts.
Data-rich payments (CAT SCT) allows the embedding of data and classification of payment types such as payroll, super or tax.
International Payments Service (IPS) For the domestic leg on inbound international payments, IPS delivers faster payments, more detailed payment information and better financial crime control.
SIMPLER, SAFER ADDRESSING
PayID® is a simpler way to address payments with an easy-to-use identifier such as mobile number, email address, ABN or organisation ID.
Confirmation of payee will provide the ability to check the account name before a payment is made to a new BSB and account number. Coming soon.
MODERN OPTIONS TO PAY AND BE PAID
PayTo® is a modern digital payment solution providing consumers with more visibility and control and enabling businesses to initiate real-time payments from customers’ accounts.
Over 100 financial institutions provide NPP-enabled services to their customers.
AP+ acknowledges the Gadigal People of the Eora nation as the Traditional Custodians of the lands on which we are based and pays our respects to Elders past, present and emerging. We recognise all Aboriginal and Torres Strait islander peoples ongoing connection to the lands and waters of Australia and thank them for protecting and for their pivotal role in the creation of this beautiful place. Always was and always will be Aboriginal Land.
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