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New Payments Platform: Consultation

Summary:
The Reserve Bank of Australia is seeking views from interested stakeholders about the functionality of, and access to, the New Payments Platform. The Australian Competition and Consumer Commission is providing input and assistance on access issues, and will participate in the consultation. The closing date for submissions is 30 November 2018. For further details, please see: New Payments Platform Functionality and Access: Consultation.

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Reserve Bank Australia considers the following as important:

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The Reserve Bank of Australia is seeking views from interested stakeholders about the functionality of, and access to, the New Payments Platform. The Australian Competition and Consumer Commission is providing input and assistance on access issues, and will participate in the consultation.

The closing date for submissions is 30 November 2018.

For further details, please see: New Payments Platform Functionality and Access: Consultation.

Reserve Bank Australia
The Reserve Bank of Australia (RBA) came into being on 14 January 1960 as Australia's central bank and banknote issuing authority, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank. The bank has the responsibility of providing services to the Government of Australia in addition to also providing services to other central banks and official institutions. It currently consists of the Payments System Board, which governs the payments system policy of the bank, and the Reserve Bank Board, which governs all other monetary and banking policies of the bank.

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