New Payments Platform Questions

The New Payments Platform is an industry-wide payments platform for Australia providing a national infrastructure for fast, flexible, data-rich payments in Australia. The platform facilitates real-time clearing and settlement of payments between participating Australian financial institutions.

Please refer to Find an institution - NPPA for a list of NPP participants.

PayID is a service that makes paying money to any account fast, safe and easy without knowing or remembering any bank account details (for more information, see http://www.payid.com.au). Azupay automatically provides payers with a unique PayID created by their merchant, in the form of an email address the payer will recognise. The payer can then use this PayID to transfer money from their online or mobile banking app. Azupay manages the funds settlement and payment validation process with the merchant.

Click on this link to understand more on PayID benefits.

PayTo is a modern digital payment solution offering a fast, easy and secure way to pay. It gives consumers more visibility and control over their payments, and enables merchants and businesses to initiate real-time payments from their customers’ bank accounts.

To understand more about PayTo, read here: PayTo - See & manage payments from your bank account