Pay in & out 
in real time

The New Payments Platform [NPP] is Australia’s real-time payments infrastructure. It was developed via industry collaboration to enable Australian consumers, businesses and government agencies to make digital payments — with near real-time funds availability to the recipient — at any time. It facilitates the clearing and settlements of real-time data-rich payments for the Australian digital economy.

NPP Australia [NPPA] is responsible for maintaining and developing the NPP infrastructure to ensure it meets Australia's current and future real-time payments needs.

NPPA is a wholly owned subsidiary of Australian Payments Plus [AP+] which is also home to the BPAY Group and eftpos.

NPP payments are always-on, account-to-account [A2A] funds transfers that settle almost instantly. Beyond the real-time nature of NPP payments, the NPP was built using ISO20022 [the international standard for financial industry messaging] to enable more data to travel with a payment. Zepto's API is aligned to ISO 20022 enabling standardisation, automation, improved reporting and carriage of data-rich payments, all of which are supported by the ISO 20022 messaging standard.

Examples of NPP payments include NPP payouts, PayID payments, Osko payments and PayTo payments.

NPP payments are near instant, data-rich and can be made at any hour of the day, seven days a week, 365 days of the year. Operating at the speed of the digital economy and our online lives, they deliver real-time digital payments experience consumers expect, and the efficiencies that business needs.

As NPP payments can process, settle and reconcile in seconds, recipients can have immediate use of funds improving cash flow.

NPP payments can carry up to 280 characters of reference text for a better customer experience.

They can be cost effective, too, compared to other payment methods.

Learn more HERE.

Zepto is connected to the real-time payment rails of the NPP in two ways:

> Directly connected as a Connected Institution [CI] for PayTo.
> Wholesale access to the NPP as an NPP Participant.

As the first non-authorised deposit-taking institution (ADI) approved to connect directly to the NPP as a ‘Connected Institution’ for PayTo, Zepto is a trusted payments infrastructure player and a pioneering force in modernising payment experiences.

Zepto powers payments for numerous large enterprises attracted to our blend of fintech agility, accessibility and support underpinned by enterprise grade infrastructure that delivers extensibility, security and stability.

Zepto sits at the intersection of real-time payments and data, with a clear view of "what's possible" when it comes to real-time, account-to-account payments for enterprise.

We firmly believe that the business battles of tomorrow will be won with payments technology that's available today.

We believe great customer experience is everything, and that NPP payments can deepen the customer-merchant relationship, drive trust, loyalty and elevate customer experience.

Unencumbered by legacy technology and thinking, Zepto has built a Financial Cloud Service that sits atop an interchangeable orchestration layer of payment and data channels.

That means no 'legacy', and no batch processing. Just modern enterprise-grade payment infrastructure designed to meet modern customer expectations of the real-time, digital economy.

Click HERE for a real-time view of our API status and uptime.

Built as a RESTful API using JSON as its data-interchange format, Zepto's API is aligned to ISO 20022 enabling standardisation, automation, improved reporting and carriage of data-rich payments, all of which are supported by the ISO 20022 messaging standard.

Zepto is proudly ISO/IEC 27001 certified for information security, cybersecurity and privacy protection. Read more about the Zepto platform HERE.