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 …

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 …

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 …

An updated response to the RBA’s Conclusion Paper regarding NPP Functionality and Access is now available. In July 2019, NPP Australia published an initial written response to the recommendations outlined in the Reserve Bank of Australia’s (RBA) Conclusions Paper regarding its …

NPP Australia (NPPA) has today published details of its ongoing investment in the NPP, to extend and enhance the capability of the platform to meet the needs of participating financial institutions, payment providers and …

One of the ways that an organisation may choose to interact with the platform is by becoming an Overlay Service Provider. The NPP was designed to enable organisations to use the Platform’s capabilities in …

An article written by an academic has appeared on multiple media platforms last week implying that NPP Australia does not have mechanisms in place to protect PayID from the risk of cyberattacks and data …

The New Payments Platform operates with security and fraud front of mind, which is why our regulations require NPP participants to have strict cyber-security and fraud detection processes in place when they offer services …

Response to the RBA’s NPP Functionality and Access Consultation: Conclusions Paper In June 2019, the Reserve Bank of Australia (RBA) published its Conclusions Paper regarding its NPP Functionality and Access Consultation. As part of this …

The next generation of real-time payments: An international scan Real-Time Payments 2.0 is a white-paper that explores key trends and opportunities in global real-time payments. The paper is an overview of developments in other real-time payments markets, including focus areas for future growth …