The
New
Payments Platform
Transform Your Business Payments
Get paid faster and manage your cash flow better with Australia's state-of-the-art payment system. The New Payments Platform (NPP) brings real-time, data-rich payments to your business 24/7, 365 days a year.
Fast Payments
Payment service enabling real-time payments between bank accounts.
International Payments Service (IPS) delivers faster payments, more detailed payment information and better financial crime control on the domestic leg of inbound international payments.
Confident Secure Payments
PayID is an easy way to send and receive money using a mobile number, email address, ABN or organisation identifier.
Confirmation of Payee provides a layer of protection for payments to BSB and account numbers to help protect Australians from scams and mistaken payments.
Secure Automated Payments
PayTo enables businesses to initiate real-time payments from their customers’ bank account.
Benefits of NPP
More Data, Better Business
Every NPP payment can carry up to 280 characters of information, making reconciliation easier. Include:
- Invoice numbers
- Customer references
- Payment descriptions
- Transaction details
Benefits for Your Business
- Improved cash flow with instant access to funds
- 24/7 payment processing, even on weekends and holidays
- Reduced payment errors with PayID
- Better record-keeping with detailed payment information
- No more waiting for payments to clear