Latest in: New Payments Platform

ACCC approval sought for BPAY Group, eftpos and NPPA to amalgamate

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 …
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March 23, 2021

Review of the Australian Payments System

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, …
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February 9, 2021

eInvoicing and the NPP

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 …
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February 2, 2021

eftpos, BPAY Group and NPPA propose to amalgamate for thebenefit of Australian consumers and businesses

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 …
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December 15, 2020
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Latest NPP roadmap provides international payments update

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 …
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November 2, 2020
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Five million PayIDs registered in Australia

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 …
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July 24, 2020
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Efficient, simpler, stronger payments infrastructure for Australia

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 …
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June 4, 2020

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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