New Payments Platform definition

New Payments Platform means the new payments platform operated by NPP Australia Limited.
New Payments Platform or ‘NPP’ means the new payments platform operated by NPPA.
New Payments Platform means the new payments platform operated by NPP Australia Limited (this definition will apply to your account from 1 June 2018).

Examples of New Payments Platform in a sentence

  • A PayID is a smart address used to receive payments through the New Payments Platform instead of using your account number and BSB.

  • A PayID linked to your ANZ account can be used by others to make payments to you through the New Payments Platform without having to enter your account number and BSB, where they are permitted to do so by their financial institution.

  • If the New Payments Platform cannot be used for any reason, we will try to make the relevant payment from your account through other available payments systems, and the other terms of this section 2.14 will generally apply.

  • It is agreed and understood that, prior to any exercise of the St. Paul Ownership Option or the St. Paul Participation Option, as the cxxx may be, St. Paul shall, if nexxxxary, dispose of such number of Common Shares thxx, immediately after any exercise of either Option, St. Paul will not be a "United States 25% Shareholder" as defined in the Xxxpany's bye-laws as in effect as of the completion of the Public Offering.

  • You should always allow sufficient time for payments from your account to be received by the payee if they cannot be made using the New Payments Platform or Osko®.

  • In the case of a recurring payment that is due to be paid on a non-business day, this means that the payment will be made on that day if processed in near real time through the New Payments Platform.

  • If a payment from your account is eligible to be processed through the New Payments Platform, including through Osko® 3, it may be processed as a payment to the payee in near real time, including on a non-business day, and in that case will be applied to your account effective on the date on which it is processed.

  • Unless the payment was processed through the New Payments Platform or Osko®, the funds must be forwarded to ANZ within 2 business days of the expiry of this period.

  • Osko by BPAY is a near real time payments service built on the New Payments Platform which enables payments to a PayID or an eligible BSB and accountnumber.

  • If we receive a message through the New Payments Platform that a payment will be made to your account, we may credit the amount of the payment to your account even if we have not yet received the payment.


More Definitions of New Payments Platform

New Payments Platform means the new payments platform operated by NPP Australia Limited. ‘Osko®’ means the Osko® payment service provided by BPAY® Pty Ltd using the New Payments Platform. ‘PIN’ means Personal Identification Number and includes an action number and password.

Related to New Payments Platform

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