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RBA Glossary definition for NPP

NPP – New Payments Platform

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Abbreviations

27 Sep 2022 PSB Annual Report - 2022 PDF 76KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/abbreviations.pdf

The Evolving Retail Payments Landscape

27 Sep 2023 PSB Annual Report – September 2023
The Evolving Retail Payments Landscape | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/the-evolving-retail-payments-landscape.html

Abbreviations

21 Oct 2021 PSB Annual Report - 2021 PDF 76KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/abbreviations.pdf

Banking and Payment Services

12 Apr 2020 RBA Annual Report – 2020
The Australian Government also makes payments using a number of other methods, including NPP, RTGS, cheque, BPAY and prepaid cards. ... These include direct entry, RTGS, BPAY, cheque, eftpos, cash, NPP and card-based services via the internet and phone.
https://www.rba.gov.au/publications/annual-reports/rba/2020/banking-and-payment-services.html

Reserve Bank of Australia Annual Report – 2018

20 Sep 2018 Annual Report
Further significant progress was made on projects in 2017/18, with completion of the settlements infrastructure supporting the New Payments Platform (NPP) and enhancements to banknote logistics.
https://www.rba.gov.au/publications/annual-reports/rba/2018/

How Australians Pay: Evidence from the 2016 Consumer Payments Survey

1 Jul 2017 RDP 2017-04
Mary-Alice Doyle, Chay Fisher, Ed Tellez and Anirudh Yadav
However, as discussed below, the New Payments Platform (NPP), due to be launched around the end of 2017, will provide a convenient, fast and secure option for person-to-person payments
https://www.rba.gov.au/publications/rdp/2017/2017-04/full.html
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PSB Board Annual Report 2019 - Governor’s Foreword

14 Oct 2019 Annual Report PDF 226KB
PSB Board Annual Report 2019
https://www.rba.gov.au/publications/annual-reports/psb/2019/pdf/governors-foreword.pdf

Trends in Payments, Clearing and Settlement Systems

15 Oct 2020 PSB Annual Report – 2020
The NPP was launched to the public in February 2018. Sources: BPAY; RBA. ... and NPP payment services were each about 10 per cent of the total.
https://www.rba.gov.au/publications/annual-reports/psb/2020/trends-in-payments-clearing-and-settlement-systems.html

The Evolving Payments Landscape

21 Oct 2021 PSB Annual Report – 2021
The NPP enables consumers, businesses and government agencies to make real-time, information-rich payments 24 hours a day, every day of the year. ... migrating to the NPP, contributing to the strong growth in NPP transactions over the past few years
https://www.rba.gov.au/publications/annual-reports/psb/2021/the-evolving-payments-landscape.html

Banking and Payment Services

17 Oct 2019 RBA Annual Report – 2019
Since then, the number of outward NPP transactions processed by the Bank has averaged around 20,000 per month. ... The Fast Settlement Service (FSS) is a RITS real-time settlement service that supports the operation of the NPP.
https://www.rba.gov.au/publications/annual-reports/rba/2019/banking-and-payment-services.html