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A2A

News about Account-to-Account (A2A), PayTo, PayID, BECS and AP+

Fintech

+1

BECS 2030 closure abandoned as industry develops roadmap
LockSimple

Dec 17, 2025

•

BECS 2030 closure abandoned as industry develops roadmap

After a lot of noise in the market and a damning risk assessment from the RBA, the industry has finally ditched the 2030 BECS closure date. No new date will be nominated until the industry can demonstrate it has overcome a number of hurdles such as reach, resilience, cost and a shared vision for A2A.

Cash

+12

Massive year in payments but 2026 looms even larger
LockSimple

Dec 17, 2025

•

Massive year in payments but 2026 looms even larger

There will be little rest for the payments industry this summer, as businesses, regulators and lawmakers get ready for a raft of big changes in the New Year. In the final edition of PayDay News for 2025, we look at the big changes this year, and what to expect in 2026.

A2A

NPP volume up 14%
LockSimple

Dec 17, 2025

•

NPP volume up 14%

The New Payments Platform (NPP) processed almost 2 billion transactions in the past 12 months – a 14% lift Year on Year as more use cases emerge.

Digital & Online

+3

As the rollout deadline approaches, Confirmation of Payee may need to race on off-system BSBs and allocated EFT
LockSimple

Dec 10, 2025

•

As the rollout deadline approaches, Confirmation of Payee may need to race on off-system BSBs and allocated EFT

The rollout of Confirmation of Payee is due for completion by year end, already reaching 141 million Australian bank accounts across 116 organisations. But like all payments upgrades there may be some work still to do at the edges, including off-system BSB and allocated EFT transactions.

Digital & Online

+2

Australia’s first real-time super payment from inside payroll
LockSimple

Dec 10, 2025

•

Australia’s first real-time super payment from inside payroll

Employment Hero has processed its first Payday Super payment over the NPP via HeroClear, a super-clearing and validation solution built with payments provider Zepto and SuperStream messaging provider OZEDI.

Cash

+2

Device-not-present transactions account for 85% of card payment growth
LockSimple

Dec 10, 2025

•

Device-not-present transactions account for 85% of card payment growth

The dominance of device-not-present payments continues to reshape the Australian payments landscape. The latest RBA data shows that of the $107.4 billion increase in annual card spend over the past year, $90.8 billion, 84.6% of total growth, has come from online shopping, bill payments and subscriptions.

Regulation

+1

RBA quietly launches major rebuild of its A2A payments infrastructure
LockSimple

Dec 3, 2025

•

RBA quietly launches major rebuild of its A2A payments infrastructure

It’s clear the RBA knows exactly what it wants in a new A2A Payments Hub build. It has ruled out consortia or any alternative network designs, possibly leaving only a few players who can fit the bill.

Digital & Online

+3

ATO urges employers to move early on payday super or risk compliance nightmare
LockSimple

Nov 26, 2025

•

ATO urges employers to move early on payday super or risk compliance nightmare

Employers have been warned to move early on payday super, with the ATO expecting 25 times the number of rejected contribution payments and payroll platforms pre-empting cash flow management issues.

A2A

Desire for real time transition tempered by cost, take up, outages and reach
LockSimple

Nov 26, 2025

•

Desire for real time transition tempered by cost, take up, outages and reach

A summary of 68 submissions on the future of account-to-account payments shows a desire to move to real time payments but concerns remain around cost, take up of services, outages and account reach.

Digital & Online

+3

PayPal launches Xoom in Australia
LockSimple

Nov 26, 2025

•

PayPal launches Xoom in Australia

PayPal has announced the launch of its international money transfer service Xoom in Australia, promising easy and safer money transfers for PayPal customers in over 150 countries across more than 100 currencies.

Digital & Online

+1

Super to kick up NPP volume in 2026 as use cases expand
LockSimple

Nov 19, 2025

•

Super to kick up NPP volume in 2026 as use cases expand

Payday Super is likely to give NPP payments a much-needed volume boost in the new year, as transaction growth begins to move into new areas of the market including merchant disbursements, subscription services and cross border payments.

Digital & Online

+1

57% of Aussie corporates unaware of BECS “2030+” shutdown: CBA research
LockSimple

Nov 12, 2025

•

57% of Aussie corporates unaware of BECS “2030+” shutdown: CBA research

New CommBank research suggests the majority of Australian corporates are unaware that the industry is planning to decommission the Bulk Electronic Clearing System (BECS) by “2030+”.

Regulation

+2

Focus on new BECS timeline as Mulino makes payments debut
LockSimple

Nov 12, 2025

•

Focus on new BECS timeline as Mulino makes payments debut

A revised closure timeline for the Bulk Electronic Clearing System (BECS) will be front and centre when the new Financial Services Minister Daniel Mulino talks publicly on payments strategy for the first time in Sydney next month.

A2A

AusPayNet flags movement on BECS closure
LockSimple

Nov 5, 2025

•

AusPayNet flags movement on BECS closure

AusPayNet says key uncertainties and challenges need to be overcome before an “overall end-date” can be confirmed for the closure of Bulk Electronic Clearing System (BECS).

A2A

+2

Checkout.com and UBER announce global partnership
LockSimple

Nov 5, 2025

•

Checkout.com and UBER announce global partnership

Checkout.com has announced a new partnership with Uber - providing acquiring and payment gateway services to Uberʼs ridesharing and on-demand delivery platforms.

Fintech

+2

Employment Hero, OZEDI and Zepto team up on Payday Super
LockSimple

Nov 5, 2025

•

Employment Hero, OZEDI and Zepto team up on Payday Super

With the Payday Superannuation Bill passing through parliament yesterday, three Australian technology companies are mobilising to ensure compliance with the seven-day super payment expectation.

A2A

Employers shouldn’t be punished if payments industry botches Payday Super delivery, say business advocates
LockSimple

Oct 29, 2025

•

Employers shouldn’t be punished if payments industry botches Payday Super delivery, say business advocates

Employers should not be responsible for payments industry processing bungles under the Federal Government’s Payday Super rules, according to small business advocates.

Regulation

+1

Revised roadmap for BECS shutdown by year end
LockSimple

Oct 29, 2025

•

Revised roadmap for BECS shutdown by year end

AusPayNet will communicate a revised roadmap for the BECS shutdown before the end of the year, as the Reserve Bank urges the industry to cooperate on a shared vision for Account-to-Account (A2A) payments and expect “trade-offs”.

Fintech

+2

Aussie Monoova named Company of the Year at Global FinTech Awards
LockSimple

Oct 15, 2025

•

Aussie Monoova named Company of the Year at Global FinTech Awards

Australian payment services provider Monoova has been named Company of the Year at the Global FinTech Awards 2025 in London, highlighting Australia’s growing influence in the global fintech sector.

Regulation

+4

Draft PSP regulations released for consultation
LockSimple

Oct 15, 2025

•

Draft PSP regulations released for consultation

Treasury has started consultation on tranche 1 of its new regulatory framework for Payment Service Providers (PSPs).

Fintech

+2

Payments industry revs up for Payday Super, as legislation is introduced
LockSimple

Oct 15, 2025

•

Payments industry revs up for Payday Super, as legislation is introduced

Payments industry leaders have welcomed the introduction of the Payday Super legislation to Parliament that will require employers to pay their employees’ super at the same time as their salary and wages from 1 July 2026.

Fintech

+1

Tokenised invoices: way of the future?
LockSimple

Oct 15, 2025

•

Tokenised invoices: way of the future?

Tokenised invoices are the next step in safe and instant reconciled payments, according to payments fintech, Azupay.

Fintech

+1

Monoova adds PayTo for WooCommerce merchants
LockSimple

Oct 8, 2025

•

Monoova adds PayTo for WooCommerce merchants

Monoova customers will now be able to make instant, secure payments directly to their bank accounts with the payment service provider adding PayTo to its card-acquiring and PayID plug-in for WooCommerce merchants.

Cash

+5

Online set to dominate card transactions by end of 2026
LockSimple

Oct 8, 2025

•

Online set to dominate card transactions by end of 2026

The latest RBA payments data reveals Australian card spending retreated to $92 billion in August, while device-not-present transactions broke through 45% of total payments for the first time, putting online and bill payments on track to dominate by end of 2026.

Cash

+5

RBA outlines action plan on payments resilience
LockSimple

Oct 1, 2025

•

RBA outlines action plan on payments resilience

The Reserve Bank has outlined an action plan to improve payments resilience over the next two years as outages continue to rock public confidence in the system.

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