NPP Australia Takes Real-Time Payments To The Next Level

Real-Time Payments Tracker® - March 2021

Transaction volumes with Australia’s real-time payment system may exceed 2 million daily, but it was a long road to enable the widespread use cases seen today, says Katrina Stuart, head of engagement at New Payments Platform Australia (NPPA). In the Real-Time Payments Tracker, Stuart reflects on how payment systems operators can foster innovation and how NPP’s forthcoming immediate authorized pull payments capability could be an eCommerce game changer.

Inside the March Tracker
  • An interview with Katrina Stuart, head of engagement at New Payments Platform Australia, on how real-time payments use has grown in the country and the lessons the platform has learned during its first three years of operation
  • The latest real-time payment developments, including Saudi Arabia’s launch of an immediate payments system and Canada’s selection of the second vendor for its forthcoming Real-Time Rail
  • A Deep Dive examining the rise of domestic real-time payments in the Middle East and why real-time cross-border payments could see high demand in the region

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