SWIFT and NPP Australia launch sandbox for testing APIs

17 October 2018
Featured Image

SWIFT, in its role as a leading technology company in the financial sector, in conjunction with NPP Australia - the organisation that oversees the operation of the New Payments Platform (NPP) - have launched a secure testing environment that allows fintechs and other payments providers to test the
capabilities of the NPP.

The NPP API sandbox, hosted in the cloud and protected with state of the art security, will enable developers to start learning and testing the benefits and capabilities of the NPP via APIs.

This development follows the introduction of a new NPP API Framework that opens the door to the NPP’s infrastructure in a way that promotes standardisation, inter-operability and a consistent experience. Jointly developed by NPP Australia and SWIFT, the API Framework defines the key technical approach and is aligned to ISO 20022 standards.

The initial API Framework for the NPP has documented three sample APIs that NPP participants could make available to the wider fintech and payments community in Australia. These are:

  • PayID Resolution Request – to determine the bank account related to a particular personal
    or business identifier such as a mobile phone number or email address;
  • Payment Initiation Request – to instruct the NPP participant to initiate a payment instruction
    through the NPP; and
  • Payment Status Request – to check on the status of an NPP payment

By mimicking these APIs in the NPP API sandbox, external parties will be able to build and test NPP based solutions in an independent environment that will help to foster innovation and competition for NPP-based payment services. APIs and a testing facility are the two major areas that Australian fintechs have been asking for support in relation to the NPP.

Regulators around the world have identified the need for interoperability among financial institutions as they move towards a more open banking model, and the sandbox was built with that in mind. SWIFT, using its unique position as neutral facilitator for the industry, is at the centre of efforts around the world to avoid fragmentation, isolation, and the needless complexities that could frustrate attempts to build the value-added services that customers want.

Bill Doran, SWIFT Head of Oceania, said: “SWIFT has been at the forefront of innovative application of technology within the financial sector for many years, and this API sandbox is a welcome step forward as the industry embraces API technology. The API sandbox for NPP will enable fintechs and corporates to develop their NPP solutions in an independent and secure, zero-footprint environment – before taking their prototypes and customer propositions to the broader market. This should support competition in the payments community in Australia.”

Adrian Lovney, CEO of NPP Australia, said: “What makes the NPP stand apart from other real-time payments platforms around the world is that it has been designed to be inclusive and ‘open access’ – so it’s important that companies and innovators are given the chance to understand how they can use its world leading capabilities. This testing environment will enable third party service providers, software developers and participating financial institutions to test and see the NPP’s benefits and capabilities in a way that will ensure interoperability and consistency, regardless of the type of innovation they are focused on.”

Alan Tsen, Chair of Fintech Australia said: “Our members have told us that they are keen to understand the NPP – how it works, its capabilities, but most importantly, how they can tap into its benefits to bring their own innovation to life. The API Framework and testing environment will be key to enabling the Fintech community to do this, so we welcome this development.”

Mark Healy, Ezidebit and eWAY Managing Director said: “We are working hard to drive greater innovation as payments providers and have been pleased to work with NPP Australia testing the API sandbox which should allow us to deliver greater capabilities for our partners and ultimately better solutions for consumers. As a business built around the power of APIs in delivering payment innovation, we are really pleased to see this facility is now available."


AP+ acknowledges the Gadigal People of the Eora nation as the Traditional Custodians of the lands on which we are based and pays 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 protecting and for their pivotal role in the creation of this beautiful place. Always was and always will be Aboriginal Land.

View our Reconciliation Action Plan

©2023 Australian Payments Plus. ABN: 19 649 744 203  All rights reserved

Back to top Arrow