The results of the Reserve Bank’s 2022 Consumer Payments Survey show that consumers continue to shift from using cash to electronic payment methods – a trend that was accelerated by the COVID-19 pandemic and consumers’ preference towards using debit and credit cards and making payments online. Consumers are also increasingly using more convenient payment methods, […]
Tag: PayID
Qudos Bank selects Indue as their principal payments partner
We are delighted to confirm that Qudos Bank has reappointed Indue as their exclusive full-service payments partner. […]
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Women in Payments Conference
An exciting future for women in payments Some of Indue’s best and brightest attended this year’s Women in Payments Symposium held on 23 and 24 November 2022 to hear from female leaders about trends, issues, and evolutions in the finance sector. This year’s Symposium theme was ‘Paying it Forward Together’, and discussions explored a range […]
NPP Roadmap provides update on the platform’s uptake and capability development
The NPP October 2022 Roadmap has been published. An update on the NPP roadmap is now available providing the latest numbers relating to the growing use of the NPP. There are now close to 89 million accounts able to make or receive NPP payments and the platform now processes more than 100 million transactions a […]
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NPPA Update: Five million PayIDs registered in Australia
NPP Australia (NPPA) has revealed that 5 million PayIDs have now been registered by Australian consumers and businesses looking for a simple way to receive instant payments. […]
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NPP Strategic Focus – The Road Ahead
Since the launch of the New Payments Platform (NPP) in early 2018, the payments industry has collectively made over 55 million accounts accessible to NPP payments, registered more than 2.8 million PayIDs and continue to make 500,000+ NPP transactions on a daily basis. In addition to the new payment stream gaining steady momentum, the NPPA will be sharpening their strategic focus for the near future on the back of critical findings commissioned by the RBA. […]
The NPP turns 1 this week (New Payments Platform)
This week marks one year from the launch of the New Payments Platform (NPP) in Australia, and its first overlay service, Osko, which delivered the ability […]
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