The NPP’s ISO 20022 messaging capability could be used by organisations such as payroll, superannuation and cloud accounting software providers to make data-rich real-time payments.

NPP Australia is developing a set of structured data standards or ‘Message Usage Guidelines’ that define the data usage for NPP ISO 20022 messages to enable a consistent industry approach.

As part of this process, we have sought feedback from the wider industry on proposed data elements, outlined in the following documentation:

The standards will be published in coming months, but interested parties can still review these documents and provide feedback by emailing info@nppa.com.au.