Real-time, data-rich payments
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.
Fast
Real-time clearing and settlement for simple or complex payments.
Always available
The platform operates 24 hours a day, 365 days a year.
Data-rich
More information with payments for efficient and automated processes.
Simpler addressing
Direct and receive payments easily and securely, using PayID® and an identifier such as a mobile number, email, ABN.
A platform for innovation, today and into the future
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. Discover the PayID-Osko and PayTo Solutions available on the NPP.
Discover the solutions available on the NPP
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.
Financial institutions that offer the NPP
Over 100 financial institutions provide NPP-enabled services to their customers.
Latest NPP updates
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.
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