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RBA Glossary definition for NPP

NPP – New Payments Platform

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Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
The Bank has an MOU with NPP Australia Limited (NPPA), which sets out arrangements for engagement and information sharing. ... The introduction of real-time payments with the establishment of the NPP in 2018.
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
Direct participants connect to the NPP directly using their own NPP payment gateway. ... In response, the report included a number of recommendations relating to NPP access:.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions

8 May 2024 Submissions
Another development in this area is the Mandated Payments Service (MPS) for the New Payments Platform (NPP). ... The MPS is currently in development; the operator of the NPP, NPP Australia, anticipates that financial institutions will begin to rollout
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html

Project Scope | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019

31 Dec 2002 Consultations
office system upgrade processes, and reusing the existing NPP ISO 20022 message suite. ... The NPP operates on a dedicated domestic network, and HVCS operates on the global SWIFT network.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/project-scope.html

Strategic Issues – Payment System Design | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019

31 Dec 2002 Consultations
The settlement system used for NPP payments is the FSS. The FSS caters for fast, immediate settlement processing. ... The NPP utilises ISO 20022 messaging for the clearing and settlement of payments.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-payment-system-design.html

References

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
Connolly E (2022), ‘Real-time Payments in Australia’, Opening Address to the NPP Australia Real Time Payments Summit 21/22 ‘More than Just Speed’, Sydney, 3 May. ... Available at
https://www.rba.gov.au/publications/rdp/2023/2023-08/references.html
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The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

21 Nov 2023 RDP PDF 2354KB
The Evolution of Consumer Payments in Australia: Results from the. 2022 Consumer Payments Survey. Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson. Research Discussion Paper. R DP 2023- 08. Figures in this publication were
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf

Innovation in Payments

14 Sep 2020 RDP 2020-06
James Caddy, Luc Delaney and Chay Fisher
bank accounts are able to make and receive payments through the NPP (Fitzgerald and Rush 2020). ... See Rush and Louw (2018) for an overview of the NPP and the Fast Settlement Service.
https://www.rba.gov.au/publications/rdp/2020/2020-06/innovation-in-payments.html
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How Australians Pay: Evidence from the 2016 Consumer Payments Survey

24 Jul 2017 RDP PDF 1438KB
How Australians Pay: Evidence from the 2016 Consumer Payments Survey. Mary-Alice Doyle, Chay Fisher, Ed Tellez and Anirudh Yadav. Research Discussion Paper. R DP 2017- 04. Figures in this publication were generated using Mathematica. The contents of
https://www.rba.gov.au/publications/rdp/2017/pdf/rdp2017-04.pdf

Consumer Payment Behaviour in Australia: Evidence from the 2019 Consumer Payments Survey

9 Sep 2020 RDP PDF 1619KB
Consumer Payment Behaviour in Australia: Evidence from the. 2019 Consumer Payments Survey. James Caddy, Luc Delaney and Chay Fisher. Research Discussion Paper. R DP 2020 - 06. Figures in this publication were generated using Mathematica. ISSN
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-06.pdf