Search: NPP
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
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
Box D: The New Payments Platform and Fast Settlement Service
10 Feb 2020
FSR
April 2018
PDF
588KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/box-d.pdf
Overview
10 Feb 2020
FSR
April 2018
PDF
1051KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/00-overview.pdf
Overview
10 Apr 2018
FSR
– April 2018
An important development in recent months was the launching of the New Payments Platform (NPP), which enables very fast payments on a 24/7 basis using a recipient's email address, ... The NPP will increase the efficiency of the payments system and may
https://www.rba.gov.au/publications/fsr/2018/apr/overview.html
Financial Stability Review
10 Feb 2020
FSR
April 2018
PDF
2840KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/financial-stability-review-2018-04.pdf
The Australian Financial System
12 Apr 2019
FSR
– April 2019
Some participants have had minor operational incidents affecting their NPP infrastructure, in some cases coinciding with operational incidents affecting service availability in their other systems. ... Both NPP Australia Limited (the operator of the NPP)
https://www.rba.gov.au/publications/fsr/2019/apr/australian-financial-system.html
Submission to Payments System Review
3 Feb 2021
Submissions
PDF
1155KB
arrangements for the New Payments Platform (NPP). More generally, the Bank has long-established. ... credit transfersCheques NPP. Includes BPAY. Sources: ABS; AusPayNet; BPAY; Colmar Brunton; Ipsos; RBA; Roy.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf