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Australia’s payments future
Real-time payments have become part of everyday life in Australia, with over $8 billion moving via the NPP each day. As adoption grows, fast, efficient, secure payments via the NPP are becoming a cornerstone of a modern, competitive and innovative Australian economy.
As the operator of the NPP, AP+ has an extensive program of work underway to ensure the NPP has the capability, capacity, reach and resilience to easily handle large volumes of transactions in real-time.
Move to NPP program updates
Public consultations
To help shape the future direction of account-to-account payments in Australia, AP+ recently sought feedback from end users and stakeholders through two public consultations:
The future vision for account-to-account payments
In partnership with AusPayNet, and with the support of the RBA and Treasury, this consultation collected feedback on the current and future payment needs and expectations of the users of Australia’s account-to-account payments systems.
Future NPP capabilities and enhancements
This consultation collected input on the key capabilities and improvements needed in the future for the NPP to support end user needs.
A2A Payments Roundtable
The Account-to-Account Payments Roundtable is a series of roundtables being held between AusPayNet, AP+, the RBA and Commonwealth Treasury. These roundtables will help shape a shared vision for the future of account-to-account payments in Australia and define high-level deliverables and milestones for achieving that vision, including clear prioritisation and sequencing.
Members of BECS and the NPP as well as other relevant stakeholders, including key end-user groups and any operators of alternative payment systems, will be engaged through the roundtable process.
The roundtable process is being conducted under the authorisation granted by the ACCC (with conditions) on 1 August 2025. The first session was held on 5 September 2025, with subsequent sessions expected to follow every four to six weeks over the next six months.
The roundtable meetings updates can be read here.
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Latest NPP updates
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The Move to NPP
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PSP forum report
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Block8
Government agencies funded in real-time via the NPP
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Paypa Plane to connect directly to the NPP
Australian Payments Plus appoints inaugural CEO
NPP virtual update 12 October 2021 – replay now available
NPP Roadmap provides PayTo and international payments update
Zepto the first non-ADI and accredited CDR data recipient to become an NPP ‘Connected Institution’.
Wise Australia becomes latest NPP Participant
NPP virtual update scheduled for 10am on 12 October 2021.
ACCC authorises amalgamation of BPAY Group, eftpos and NPP Australia to form Australian Payments Plus
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ACCC approval sought for BPAY Group, eftpos and NPPA to amalgamate
Review of the Australian Payments System
eInvoicing and the NPP
eftpos, BPAY Group and NPPA propose to amalgamate for the benefit of Australian consumers and businesses
Azupay broadens NPP services
Automation in real-time ‘a fintech’s dream’
More people access their pay in real-time without charge
Latest NPP roadmap provides international payments update
Split Payments and A2B Australia uses NPP to bring instant payments to taxi drivers
Five million PayIDs registered in Australia
Efficient, simpler, stronger payments infrastructure for Australia
Inquiry into Future Directions for the Consumer Data Right
Small businesses replace cash with PayID during COVID-19 crisis
NPP Mandated Payments Service – enabling third party payment initiation
Update on the NPP Roadmap
eInvoicing and the NPP
Opening statement: Senate Select Committee on Financial Technology and Regulatory Technology
NPP Australia Appoints Third Independent Director
NPP Requirements for Cross-Border Payments
Fintech Select Senate Committee submission explains NPP’s ‘open’ approach
NPP API Framework v3.0
Updated response to the RBA’s NPP Functionality and Access Consultation
Media release: Roadmap details ongoing plans to extend and enhance the NPP
Becoming an Overlay Service Provider
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Uplifting cybersecurity controls
NPP Australia’s response to the RBA’s NPP Functionality and Access Consultation: Conclusions Paper
Real-Time Payments 2.0
Statement: RBA NPP Functionality and Access Consultation, Conclusions Paper
NPP QR Code Standard gives innovators access to the benefits of real-time data-rich payments
NPP API Framework v2.0
Stone & Chalk Masterclass: New Payments Platform and future capabilities
The New Payments Platform – one year on
Development of NPP ISO 20022 message usage for Payroll, PAYG Tax and Superannuation Payments – Market Consultation
NPP Australia appoints new Chair Bob McKinnon
Inquiry into Future Directions for the Consumer Data Right
NPP Australia’s response to the RBA’s NPP Functionality and Access Consultation
SWIFT and NPP Australia launch sandbox for testing APIs
Five pathways to the New Payments Platform
New Payments Platform API Framework opens door to capabilities
You don’t need to be ‘on’ the New Payments Platform to innovate
NPP Australia’s response to the Productivity Commission’s Report on Competition in Financial Services
NPP Australia’s submission to ASX Chess Replacement Consultation
New Payments Platform awarded Business Service Markets Award
NPP Australia and KPMG have cowritten a whitepaper about the industry approach to minimising real-time payments fraud
The 2018/19 Federal Budget and the NPP
Exploring RegTech Possibilities
New Payments Platform: balancing system integrity and access
PayID and privacy
The New Payments Platform launches - Consumer media release
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Chloe Munro joins NPP Australia Board of Directors
The New Payments Platform launches - Financial services media release
PayID is coming soon - Media release
AP+ acknowledges the Gadigal People of the Eora nation as the Traditional Custodians of the lands on which we are based and pay 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 their pivotal role in caring for Country. Always was and always will be Aboriginal Land.
View our Reconciliation Action Plan (PDF)
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