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RBA Glossary definition for NPP

NPP – New Payments Platform

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Abbreviations

27 Oct 2022 RBA Annual Report – 2022
NPA. Note Printing Australia Limited. NPP. New Payments Platform. NPPA. NPP Australia Limited.
https://www.rba.gov.au/publications/annual-reports/rba/2022/abbreviations.html

Payments System Regulation and Policy Issues

28 Sep 2022 PSB Annual Report – September 2022
A major roadmap initiative has been the launch of the NPPs PayTo service. ... The other major initiative on the NPP roadmap is the development of the international payments business service.
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html

2.1 Annual Performance Statement for 2022/23

19 Oct 2023 RBA Annual Report – October 2023
Annual Performance Statement for 2022/23 | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/annual-performance-statement.html

Banking and Payment Services

21 Oct 2021 RBA Annual Report – 2021
The Bank is also working closely with Services Australia to harness the technological advantages of the NPP. ... These services include direct entry, RTGS, BPAY, cheque, eftpos, cash, NPP and card-based services via phone and internet.
https://www.rba.gov.au/publications/annual-reports/rba/2021/banking-and-payment-services.html

Abbreviations

28 Sep 2022 PSB Annual Report – 2022
MOU. Memorandum of Understanding. MTO. Money transfer operator. NPP. New Payments Platform. ... NPPA. NPP Australia Limited. OG. Oversight Group. OIS. Overnight index swaps.
https://www.rba.gov.au/publications/annual-reports/psb/2022/abbreviations.html

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

The Evolving Retail Payments Landscape

28 Sep 2022 PSB Annual Report – September 2022
At the same time, there has been increased uptake of the NPPs PayID service. ... The NPPs new PayTo service is expected to accelerate this migration of direct entry payments.
https://www.rba.gov.au/publications/annual-reports/psb/2022/the-evolving-retail-payments-landscape.html

Abbreviations

21 Oct 2021 PSB Annual Report – 2021
MOU. Memorandum of Understanding. MTO. Money transfer operator. NPP. New Payments Platform. ... NPPA. NPP Australia Limited. OG. Oversight Group. OIS. Overnight index swaps.
https://www.rba.gov.au/publications/annual-reports/psb/2021/abbreviations.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

Governor's Foreword

20 Sep 2018 PSB Annual Report – 2018
A major landmark was the public launch of the New Payments Platform (NPP) in February. ... The NPP will contribute to the ongoing shift towards greater use of electronic payments.
https://www.rba.gov.au/publications/annual-reports/psb/2018/governors-foreword.html