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 …

NPP Australia is committed to extending and enhancing the capability of the NPP to meet the needs of participating financial institutions, payment providers and users of the wider payments ecosystem, whether it be for …

With more than one billion invoices generated in Australia every year, eInvoicing presents a significant opportunity for the Australian economy eInvoicing is the electronic exchange of structured invoice-related data between a sender and receiver. …

NPP Australia’s opening statement to the Senate Select Committee on Financial Technology and Regulatory Technology Today NPP Australia participated in a public hearing for the Senate Select Committee on Financial Technology and Regulatory Technology. …

NPP Australia’s (NPPA) shareholders have voted to appoint Elizabeth Hallett as the entity’s third independent director at an Extraordinary General Meeting held in early February. Elizabeth is an experienced non-executive director and chair of …

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 …