New South Wales Australia Set To Shift Into Real-Time Digital Payments Platform

By using a single platform across government agencies, it becomes simpler to transition from the outdated Bulk Electronic Clearing System (BECS) to the New Payments Platform (NPP).

The following report is by Biometric Update:

After three years of work, the New South Wales government is planning to complete its transition to Australia’s digital payments system, a faster, more efficient solution to traditional payments, according to InnovationAus.

The government has focused on ensuring agencies are using what’s already available to them, like the Customer Payment Platform (CPP), which is operated by the Department of Customer Service.

The state’s Department of Education and Transport are currently using the CPP, according to Lynne Cardwell, NSW Treasury’s executive director for banking and financial services. The CPP’s Student Finance Platform is being used at 1,650 public schools, with all schools, totaling over 2,200, expected to transition to the platform by June 2024…