Derek Weatherley, Indue CEO explains how the New Payments Platform is ‘your ticket to play’ in the new payments environment with speed, simplification, and data richness a few of the many benefits being delivered.
The New Payments Platform initiative (NPP) is an exciting industry initiative that delivers a dynamic new payments infrastructure to meet the growing demands of Australia’s 24/7 digital economy.
The New Payments Platform Initiative: Real-time Payments are Here
The introduction of the New Payments Platform initiative means your customers can now make and receive payments in real time using a PayID between participating financial institutions.
Indue has enabled many ADIs (Authorised Deposit Taking Institutions), including a mix of credit unions , banks and neo banks to offer NPP, Australia’s newest digital payments capability, to their customers.
It provides Australian consumers with a faster, safer, data-rich payments system for making everyday payments easier. Indue is one of only 8 directly connected participants who have launched. We offer a comprehensive agency solution to get you real-time ready today.