Latest in: New Payments Platform

Inquiry into Future Directions for the Consumer Data Right

The NPP Mandated Payments Service (MPS) will support ‘write’ access for third party payment initiation for real-time, account-to-account payments. NPP Australia’s submission to the Inquiry into Future Directions for the Consumer Data Right explains the Mandated Payments …
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May 21, 2020
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Small businesses replace cash with PayID during COVID-19 crisis

As businesses battle the challenges presented by the COVID-19 crisis, more are advertising PayID as a payment alternative to cash, but with the same benefits. This is particularly the case for businesses who rely on cash on demand, …
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May 11, 2020
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NPP Mandated Payments Service – enabling third party payment initiation

NPP Australia has been working extensively with the industry to develop the Mandated Payments Service (MPS), as outlined in the NPP Roadmap released in October last year. The Mandated Payments Services (MPS) is core …
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May 7, 2020
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Update on the NPP Roadmap

NPP Australia is committed to extending and enhancing the capability of the NPP to meet the needs of participating financial institutions, payment providers and users of the wider payments ecosystem, whether it be for …
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April 30, 2020

eInvoicing and the NPP

With more than one billion invoices generated in Australia every year, eInvoicing presents a significant opportunity for the Australian economy eInvoicing is the electronic exchange of structured invoice-related data between a sender and receiver. …
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February 21, 2020
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Opening statement: Senate Select Committee on Financial Technology and Regulatory Technology

NPP Australia’s opening statement to the Senate Select Committee on Financial Technology and Regulatory Technology Today NPP Australia participated in a public hearing for the Senate Select Committee on Financial Technology and Regulatory Technology. …
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February 20, 2020
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NPP Australia Appoints Third Independent Director

NPP Australia’s (NPPA) shareholders have voted to appoint Elizabeth Hallett as the entity’s third independent director at an Extraordinary General Meeting held in early February. Elizabeth is an experienced non-executive director and chair of …
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February 13, 2020
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NPP Requirements for Cross-Border Payments

The NPP Regulations define the conditions for sending cross-border payments to payees via the NPP, including identifying them as cross-border payments. To ensure the highest level of confidence in Australia’s real-time payments infrastructure, NPPA …
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February 10, 2020
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Fintech Select Senate Committee submission explains NPP’s ‘open’ approach

NPP Australia (NPPA) recently responded to the Senate Select Committee on Financial Technology and Regulatory Technology On the eve of the second anniversary of its launch (13 February 2018), the New Payments Platform supports …
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January 21, 2020
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NPP API Framework v3.0

A new version of the NPP API Framework including additional sample APIs are now available here. This latest version incorporates sample APIs to support batch payments, including payment confirmation and the ability to get details …
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December 2, 2019
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