NPP Solution

ASL’s Solutionfor NPP

The New Payments Platform (NPP) is a major industry wide initiative to develop an infrastructure for Australia that provides Australian governments, businesses and consumers a fast, versatile, data-rich payments system for making their everyday payments.

Why ASL for NPP?

ASL is one of the 12 founding participants who mutually own NPP and govern its use.

ASL has been involved in all areas of the program to help create the way NPP will work. This means we are in a strong position to help you realise the business opportunities NPP can offer.

Major Benefits to you

Know-how: Our NPP project and payment specialists are ready to assist you as you start on your NPP journey.
Reliability: Our solution is deployed on state-of-the-art equipment ensuring your organisation will meet ALL processing SLAs for NPP in the most efficient and cost-effective manner.
Connectivity: Because we have helped architect how NPP works, we can ensure it meets your needs for the future. We are also working with Core Banking System providers to ensure a simple but seamless implementation.
Streamlined processing: By offering line-by-line settlement and user-friendly exception handling, you can be assured your back office will run efficiently.
24/7 processing: Your Members can make and receive payments in near real-time to virtually any Australian Financial Institution Account.

Our Approach to NPP Design

Our team is working with the major Core Banking System providers to ensure an easy implementation of NPP between ASL and your organisation.

We will work collaboratively with your team to ensure a successful solution.

Flexibility

Our message handling options are flexible and scalable.

We offer support for ISO20022 payment schema, and can also handle customised formats where needed.

We offer attended and unattended payment processing modes so whatever your Members needs may be, you can be sure we will handle them.

Security and Reliability

Our infrastructure is located within secure, state-of-the-art Data Centres providing Active-Active configurations which fully comply with NPP-A requirements.

We handle all the intensive network communications, program upgrades, scheme compliance; all on a scalable, highly-resilient platform.

Best-of-Breed Infrastructure

We make use of IBM Pure Application System for NPP™ -an infrastructure platform selected by other major NPP participants as well.

We enable you to focus on your Members and their experience in making real-time payments.

Payment Processing in Real-Time

We will clear and settle ALL your NPP payments.

You can be assured your Members payments will be received and processed by the receiving institution.

Payments may be:

  • Made using an Australian BSB and Account Number (like today).
  • Made to a registered Alias (like a phone number or email address).
  • Scheduled for a future time (like today).

Every payment we receive will get an acknowledgement in real time that you can pass on to your Member as a confirmation.

How do I connect?

ASL’s solution makes NPP as simple as 1-2-3.

  1. Use a secure channel over the Internet to communicate with us.
  2. Integrate our simple web-service API’s to your Core Banking System to send and receive payment information and addressing activities.
  3. Manage and reconcile liquidity profiles and account information.

Further details on ASL's NPP Solution are contained in the brochure download on this page.

Why ASL?

ASL specialises in providing a range of wholesale payments services to financial institutions. ASL provides high quality, value for money and efficient service to its Members. ASL has partnerships with best of breed service suppliers to ensure that it can bring to its member clients the best solutions possible to their financial payments needs.

ASL has operated for over 20 years supporting Australian Mutual organisations, was the first non-bank to hold an Exchange Settlement Account, and has an enviable performance record. ASL is an approved deposit taking institution and is supervised by the Australian Prudential Regulation Authority.

For further information on this, or any ASL product, please contact ASL.