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RBA Glossary definition for NPP

NPP – New Payments Platform

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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This page provides links to data no longer updated by the Reserve Bank of Australia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

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

Modernising Australia's Payments System

11 Mar 2024 Speech PDF 486KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-12-12.pdf

New Payments Platform Functionality and Access: Consultation

9 Mar 2023
Overview of the New Payments Platform
https://www.rba.gov.au/payments-and-infrastructure/new-payments-platform/functionality-and-access-consultation.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/

Harmonised ISO 20022 Data Requirements to Enhance Cross-border Payments

18 Oct 2023 Media Releases
The Reserve Bank welcomes the publication today of harmonised ISO 20022 data requirements for cross-border payments by the Bank for International Settlements’ Committee on Payment and Market Infrastructures (“CPMI ISO 20022 data requirements”).
https://www.rba.gov.au/media-releases/2023/mr-23-28.html

Banking and Payment Services

27 Oct 2022 RBA Annual Report – October 2022
The majority (96 per cent) of these support payments were made using the NPP. ... to initiate NPP payments from their accounts; or new uses for the NPP.
https://www.rba.gov.au/publications/annual-reports/rba/2022/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

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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New Payments Platform – Banking Services

9 Mar 2023
New Payments Platform
https://www.rba.gov.au/fin-services/banking/npp.html