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RBA Glossary definition for NPP

NPP – New Payments Platform

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Statistical Tables

10 May 2024 Statistics
Statistical Tables. This page lists statistical tables for a range of economic and financial data produced by the Reserve Bank of Australia and other organisations. These tables are subject to revisions and may be withdrawn or discontinued at any
https://www.rba.gov.au/statistics/tables/

Changes to Statistical Tables

10 May 2024 Statistics
The ‘NPP basic single credit transfers’ and ‘Total NPP payments’ series will now exclude any transactions between accounts held at the RBA for the purposes of intra-government funding transfers.
https://www.rba.gov.au/statistics/tables/changes-to-tables.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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Discontinued Data

9 Mar 2023 Statistics
This page provides links to data no longer updated by the Reserve Bank of Australia
https://www.rba.gov.au/statistics/discontinued-data.html

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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Frequency of Statistical Releases

9 Mar 2023 Statistics
Direct Entry and NPP – Seasonally Adjusted Series – C6. ... Direct Entry and NPP – Original Series – C6.1.
https://www.rba.gov.au/statistics/tables/frequency-statistical-releases.html

Conclusion

8 Aug 2017 RDP 2017-04
Mary-Alice Doyle, Chay Fisher, Ed Tellez and Anirudh Yadav
It would not be surprising if these general trends were to continue as more consumers adopt electronic payment methods and new ways of paying, such as the NPP, emerge.
https://www.rba.gov.au/publications/rdp/2017/2017-04/conclusion.html
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