Search: NPP
RBA Glossary definition for NPP
NPP – New Payments Platform
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19 February 2020 Tony Richards Head of Payments Policy ...
19 Feb 2020
DOCX
95KB
Payments Platform (NPP), Direct Entry (BECS) and BPAY. ... For example, Visa and Mastercard are generally aligned with each other due to their global releases, however eftpos, NPP and BPAY have their own change implementation schedules.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/cuscal.DOCX
REVIEW OF RETAIL PAYMENTS REGULATION: ISSUES PAPER
12 Feb 2020
DOCX
55KB
Rather than plugging into the UK equivalent of the NPP, PSD2 enables TrueLayer and other third parties to ‘instruct’ banks. ... For example, at present the NPP has requirements relating to anti-money laundering and transaction monitoring capabilities.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/truelayer.DOCX
Summary
11 Feb 2020
DOCX
175KB
A continued rise in electronic and mobile payments, including the rapid growth in NPP payments. ... The central role of the NPP as a platform for domestic payments services.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/anz.DOCX