To create a more efficient and agile Australian payments group to deliver new payments innovations faster for the benefit of users and consumers Enhanced competition with global payments companies More even representation of users …
NPP Australia's submission to Treasury’s Review of the Australian Payments System. NPP Australia has provided a submission to Treasury’s Review of the Australian Payments System. Available to be downloaded here, it articulates the view that overall, …
Combining NPP functionality with eInvoicing enables seamless ‘procure to pay’ The digital exchange of invoices between a supplier and buyer’s software or systems, or ‘eInvoicing’, brings clear business benefits; it’s an efficient and less …
eftpos, BPAY Group and NPPA to be preserved as distinct operations under a single Board with a shared roadmap for innovation and investment A unified group will aim to improve choice, competition, innovation, efficiency …
The most recent version of the NPP Roadmap is now available Every six months, NPP Australia updates and publishes its roadmap outlining plans to enhance and extend the NPP’s capability. These plans are developed …
Five million PayIDs have now been registered by Australian consumers and businesses looking for a simple and cashless way to receive instant payments straight into their bank account. The service, which is available in the internet …
The RBA’s Review of Retail Payments Regulation (published 29 November 2019) invited views about whether any changes or consolidation of the various Australian domestic payment arrangements might be worth considering. RBA Governor Philip Lowe …
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 …
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, …
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 …