About
The New Payments Platform (NPP) is Australia's real-time account-to-account payments infrastructure, launched in February 2018. It is operated by Australian Payments Plus, the company formed by merging NPP Australia, BPAY Group and eftpos. Payments between more than 100 connected banks, financial institutions and fintechs settle in real time through the Reserve Bank of Australia's Fast Settlement Service, 24/7 including weekends. Consumers reach it as Osko transfers, PayID aliases (a mobile number, email address or ABN) and PayTo mandates. In the 12 months to June 2026, NPP handled 1.97 billion payments, and more than 38 million PayIDs were registered by July 2026.
Official site →Countries
