The New Payments Platform (NPP) is a major banking industry initiative developing new infrastructure for Australian payments. It will provide Australian consumers, businesses and government with a fast, versatile, data-rich payments system for making their everyday payments. The NPP will allow most with Australian bank accounts to make payments in real-time, with close to immediate funds available to the recipients.

How can we help?

As a founding shareholder in the NPP, Indue is not only involved with developing the industry’s core infrastructure but is also looking at offering value-added overlay services for its clients. Such services will include a simple API based integration layer for ease of connectivity to the NPP, settlement services (potentially removing the need to build real time settlement capabilities for ADIs), stand in capabilities to assist our clients meet the NPP core SLAs. While also supporting a range of overlay services which are industry specific to leverage the power of the NPP in delivering superior customer value propositions.

Features & Benefits

  • Convenient, fast payments to friends, family members and colleagues using ‘simple’ address information, such as a mobile phone number or email address.
  • Payment occurs in real time 24 x 7
  • Businesses can develop overlays to harness the power of the NPP eg. pay immediately to a private seller for the purchase of goods, or organise the sale of a car with registration transfer and all finance and vehicle checks on the spot or revolutionise superannuation processing, simplifying contributions, rollovers and benefits.
  • A system to more easily address retail payments to any recipient (including the use of mobile phone numbers and email addresses as proxies for an underlying account)
  • Capacity to send additional data streamlining business processes.

Untitled design (6)

For Small Business

Gives the ability to send full invoice information and receive full remittance information back from the payer with payment.

Improved cash flow through the receipt of real time irrevocable payments using a phone number as your identifier for incoming payments.



For Corporate

Enjoy better cash flow management and more efficient reconciliation processes such as straight-through processing.

Integration of NPP into your digital experience, creating work flows with real time payments seamlessly embedded.

Untitled design (4)

For Government

The Government will be able to capitalise on the NPP, with immediate support payments for hardship or disaster, emergency welfare assistance payments, or the coordination of health benefit payments being made available immediately and with rich data included in the transaction flow.

NPP news

New Payments Platform to Help Small Business

Mutuals, building societies and credit unions should keep a close tab on what’s happening with the New Payments Platform (NPP) and incorporate it into their planning to ensure they are well placed to take advantage of the opportunities it will offer when it goes live in the second half of 2017.

> Read more

BPAY to offer the Initial Convenience Service on the NPP

BPAY have been selected to provide the first overlay services for NPP.  This ‘Initial Convenience Service’ (ICS) will initially consist of a real time payments offering with customers able to swiftly transfer funds to and from their bank accounts via their mobile phone, tablet, or via the internet.

> Read more