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RBA Glossary definition for NPP

NPP – New Payments Platform

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65 Martin Place Sydney NSW 2000 GPO Box 3947 ...

23 Apr 2020 Submissions PDF 580KB
The MPS is currently in development; the operator of the NPP, NPP Australia, anticipates that financial institutions will begin to rollout services utilising the MPS in early 2022. ... However, the NPP does not currently provide access to some account
https://www.rba.gov.au/publications/submissions/payments-system/pdf/future-directions-for-the-consumer-data-right.pdf

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

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology

9 Jan 2020 Submissions PDF 797KB
financial institutions, including the Reserve Bank. The NPP provides the clearing and settlement. ... financial institutions, including the Reserve Bank, which funded the development of the NPP.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf

A Strategic Plan for the Payments System

6 Jun 2023 Submissions PDF 539KB
themselves. The New Payments Platform (NPP) PayID addressing system is one method to help reduce. ... Roadmap milestones. While the PayTo service went live in June 2022 as scheduled, many NPP.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf

ISO 20022 Migration for the Australian Payments System – Responses and Options Paper

11 Sep 2019 Consultations PDF 1175KB
messages (as used by NPP) as part of a HVCS ISO 20022 migration. ... NPP. NPP Full Participant NPP Full Participants are organisations that directly clear and settle NPP Payments.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/pdf/consultation-paper.pdf

ISO 20022 Migration for the Australian Payments System – Issues Paper

7 Apr 2019 Consultations PDF 1644KB
A consultation paper issued by the Reserve Bank of Australia and the Australian Payments Council - April 2019
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/pdf/issues-paper.pdf

Submission to the Senate Select Committee on Australia as a Technology and Financial Centre - July 2021

19 Jul 2021 Submissions PDF 610KB
As most fintechs are not prudentially regulated by APRA, they are not able to access the NPP directly to clear payments. ... services that leverage the NPP capabilities and potential constraints on the ability of entities to connect to the NPP.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-into-australia-as-a-technology-and-financial-centre.pdf

ISO 20022 Migration for the Australian Payments System – Conclusions Paper

25 Feb 2020 Consultations PDF 560KB
NPP over the medium-term as NPPA’s new International Funds Transfer Instruction (IFTI) business service matures. ... NPP Full Participant NPP Full Participants are organisations that directly clear and settle NPP payments.
https://www.rba.gov.au/publications/consultations/202002-iso-20022-migration-for-the-australian-payments-system/pdf/iso-20022-migration-for-the-australian-payments-system-conclusions-paper.pdf

Competition in the Australian Financial System - March 2018

21 Mar 2018 Submissions PDF 503KB
Supplementary Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system-2018-03/pdf/supplementary-submission-to-productivity-commission-march-2018.pdf

Competition in the Financial System - September 2017

19 Sep 2017 Submissions PDF 969KB
Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/pdf/submission-to-productivity-commission-september-2017.pdf