Variable loan rate decrease – we’re passing on the full 25 basis point cut to existing variable loan interest rates effective 27 February 2025. Learn more

Features of NPP

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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.

How can we help?