Australia’s next generation payments platform goes live

Australia’s new payments platform goes live — ITNews — “The NPP [New Payments Platform] works like a ‘secure set of rails’ between banks so they can send payment messages in real time to each other via the Reserve Bank. The platform allows services to run on top of the NPP — like Bpay’s Osko, which is the first so-called overlay service to arrive on the platform. Osko lets consumers transfer money to someone via their mobile phone number or email address in real-time, 24/7. It also enables them to send a 280-character description with their payment.”


NFC transport payments to pilot in Adelaide

Commuters in Adelaide, Australia will begin trialing NFC mobile and contactless card payments for transportation in 2017, according to tender documents issued by South Australia’s Department of Planning, Transport and Infrastructure (DPTI) and seen by ITNews... More


NAB tests NFC payments

National Australia Bank is testing a new service that uses NFC, QR codes, SMS and email to allow customers to make mobile payments in stores as well as to send and receive funds, ITNews reports... More



Feed for stories about iTnews.