Monday 18 May - Delay to limit changes: Previously communicated limit changes expected to take effect on Monday 18 May have been delayed until August. Customers will be provided with more information closer to the new effective date. 

Planned Maintenance - Digital Banking Services - Sunday 24 May 2026 - Find out more.

Features of NPP

Two woman sitting at cafe with one gesturing at her mobile screen, the other woman looking at the screen smiling
< Back to 
Real Time Payments
FAQs

What are the features of the New Payments Platform?

• Speed – the ability to make payments in real time, processing payments within 60 seconds.
• 24/7 availability – Available to process payments 24/7, 365 days a year.
• Data Enriched – option to provide more details with the payment
• Simple Addressing – Easily identify accounts using PayID®. Providing an alternative and easier way to address payments by using just your mobile number or email address.

PayID is a registered trademark of NPP Australia Limited.

How can we help?