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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

Box D: The New Payments Platform and Fast Settlement Service

10 Apr 2018 FSR – April 2018
The NPP and FSS are completely new pieces of payments infrastructure (Figure D1). ... the settlement of NPP payments through the FSS or the settlement of other transactions in RITS.
https://www.rba.gov.au/publications/fsr/2018/apr/box-d.html

Two Years of Fast Payments in Australia

19 Mar 2020 Bulletin – March 2020
Emilie Fitzgerald and Alexandra Rush
It has been two years since the public launch of the New Payments Platform (NPP) and the Fast Settlement Service (FSS).
https://www.rba.gov.au/publications/bulletin/2020/mar/two-years-of-fast-payments-in-australia.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

The New Payments Platform and Fast Settlement Service

20 Sep 2018 Bulletin – September 2018
Alexandra Rush and Riaan Louw
A significant advance in the Australian payments system occurred in February 2018 with the public launch of the New Payments Platform (NPP).
https://www.rba.gov.au/publications/bulletin/2018/sep/the-new-payments-platform-and-fast-settlement-service.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

2.3 Banking and Payment Services

19 Oct 2023 RBA Annual Report – October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html

Banking and Payment Services

20 Sep 2018 RBA Annual Report – 2018
The NPP allows fast, versatile and data-rich payments to be made 24/7. ... RITS also provides a real-time settlement service to support the operation of the NPP.
https://www.rba.gov.au/publications/annual-reports/rba/2018/banking-and-payment-services.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

September | 2018

20 Sep 2018 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2018/sep/