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New Payments Platform (NPP) Regulations and Rules

Regulator Australian Payments Network / NPP Australia
Jurisdiction AU
Status live
Applicability Platform

The New Payments Platform (NPP) is Australia's real-time low-value payments infrastructure, operated by NPP Australia Limited. Participation rules set obligations for ADI participants covering: payment processing standards (Osko — below 60 seconds clearing, 24/7 availability); PayID addressing service (phone number, email address, ABN); message format standards (ISO 20022 via Basix); liability allocation for unauthorised and erroneous payments; and dispute resolution.

All ADI participants must connect through NPP Australia. The bank connects to NPP via a Sponsoring Participant (a major ADI) under a sponsorship arrangement. Sponsoring Participant obligations are imposed on the major bank; the bank as a Connected Institution retains first-line obligations to its customers for payment accuracy, PayID management, and dispute handling.


Compliance register

This register maps every material obligation under the NPP Rules to the platform control or institutional process that satisfies it. It is the static traceability layer for the Totara compliance report — dynamic data (module build status, test evidence, control test dates) is overlaid at runtime.

Scope legend

Symbol Meaning
🤖 Automated Platform enforces or performs the obligation. Primary control mode is GATE, AUTO, CALC, or ALERT. Human action is not required in the normal case.
📊 Evidenced Platform captures the evidence trail automatically. Human compliance decision sits on top. Primary control mode is LOG.
🏛 Institutional Obligation is met by a process entirely outside the platform — training programmes, board governance, HR, legal. Platform may generate evidence inputs but does not own the process.
N/A Obligation does not apply to this deployment configuration.

Build legend

Symbol Meaning
Module built and deployed
🔨 Module planned — not yet built (build_status: Not started)
Uncontrolled gap — no module attributed

Osko overlay service — payment processing

Ref Obligation Scope Policy Platform controls Build
NPP Rules 4.1 Process outbound Osko payments and clear below 60 seconds; 24/7/365 availability 🤖 Automated PAY-001, PAY-002 MOD-120 (AUTO) — PayID and Osko integration handles real-time payment processing; MOD-020 (GATE) — pre-payment validation applied before submission to NPP; MOD-022 (LOG) — full payment audit trail from instruction to settlement 🔨
NPP Rules 4.4 Apply ISO 20022 message format (Basix); include all mandatory data elements (originator, beneficiary, payment purpose) 🤖 Automated PAY-001 MOD-120 (AUTO) — ISO 20022 message construction and submission automated; mandatory field population enforced by message schema; no manual message building 🔨
NPP Rules 5.2 Maintain payment records for NPP transactions; retain for required period 📊 Evidenced PAY-002 MOD-022 (LOG) — immutable payment audit trail captures all NPP transactions; MOD-002 (LOG) — settlement records permanent 🔨

PayID addressing service

Ref Obligation Scope Policy Platform controls Build
NPP Rules 6.1 Allow customers to register a PayID (phone number, email address, or ABN) linked to their account 🤖 Automated PAY-001 MOD-120 (GATE) — PayID registration validated and linked to account; PayID existence verified before any PayID-addressed payment is committed 🔨
NPP Rules 6.3 Validate PayID ownership; prevent fraudulent PayID registration (PayID must be controlled by the customer) 🤖 Automated PAY-001, PAY-005 MOD-120 (GATE) — PayID registration requires confirmation via verified contact detail (SMS/email OTP); fraudulent registration prevented; MOD-020 (GATE) — all outbound PayID-addressed payments pass pre-payment validation including PayID lookup 🔨
NPP Rules 6.5 Display the account holder name from PayID lookup to the customer before payment confirmation (confirmation of payee) 🤖 Automated PAY-001, PAY-005 MOD-120 (AUTO) — resolved account holder name displayed to customer on PayID lookup before payment confirmation; consistent with Scam-Safe Accord confirmation of payee obligation. See au-scam-safe-accord. 🔨
NPP Rules 6.7 Close or transfer a PayID when the customer closes the account or requests de-registration 🤖 Automated PAY-001 MOD-120 (AUTO) — PayID closure triggered automatically on account closure event 🔨

Liability allocation

Ref Obligation Scope Policy Platform controls Build
NPP Rules 8.1 Participant is liable for losses arising from its own system failures, unauthorised payments, or processing errors 📊 Evidenced PAY-002, PAY-005 MOD-022 (LOG) — payment audit trail provides the evidentiary basis for liability attribution; MOD-149 (AUTO) — unauthorised payment reimbursement workflow applied; liability determination is platform-supported but human-reviewed 🔨
NPP Rules 8.3 Dispute resolution between participants follows NPP Australia dispute process; timelines mandated 📊 Evidenced PAY-002 MOD-053 (LOG) — dispute case management captures NPP inter-participant disputes; MOD-022 (LOG) — payment audit trail provides the evidence base for NPP dispute submission 🔨

Institutional obligations (not platform scope)

Obligation Owner Platform evidence input
NPP Australia Connected Institution agreement and annual certification Head of Payments / General Counsel
Sponsoring Participant agreement maintenance Head of Payments
NPP participation fee payment Finance
Participation in NPP Australia governance (consultation, rule changes) Head of Payments

Coverage summary

Area Total obligations Platform automated 🤖 Platform evidenced 📊 Institutional 🏛 N/A
Osko processing 3 2 1 0 0
PayID addressing 4 4 0 0 0
Liability 2 0 2 0 0
Total 9 6 (67%) 3 (33%) 0 0

All attributed modules are currently build_status: Not started — the compliance position will update as modules are built and deployed.


Policy Title
PAY-001 Payment Operations Policy
PAY-002 Settlement Risk Policy
PAY-005 Payment Fraud Prevention Policy

Official documentation


Policies referencing this standard

  • PAY-001 — Payment Operations Policy
  • PAY-002 — Settlement Risk Policy

Compiled 2026-05-22 from source/entities/regulations/au-npp-rules.yaml