NPP Australia: Rolls out PayTo Solution

NPP Australia: Rolls out PayTo Solution

• NPP Australia is a wholly-owned subsidiary of Australian Payments Plus and is responsible for maintaining
• Australian Payments Plus (AP+) was formed to deliver benefits to Australian consumers and businesses by creating a stronger
• Collaboration with financial institutions, fintech, and payment service providers
• Katrina Stuart, Managing Director confirmed that the first payment service providers to offer PayTo to merchants
• The first financial institutions to enable payer customer accounts in the coming months are: BankWest, Bendigo Bank
• PayTo removes uncertainty from the payment process and takes out inefficiencies such as dishonors and disputes