The NPP’s ISO 20022 messaging capability could be used by organisations such as payroll, superannuation and cloud accounting software providers to make data-rich real-time payments.
NPP Australia is developing a set of structured data standards or ‘Message Usage Guidelines’ that define the data usage for NPP ISO 20022 messages to enable a consistent industry approach.
As part of this process, we have sought feedback from the wider industry on proposed data elements, outlined in the following documentation:
- Development of NPP ISO 20022 message usage for Payroll, PAYG Tax and Superannuation Payments – Market Consultation
- Development of NPP ISO 20022 message usage for Payroll, PAYG Tax and Superannuation Payments – Explainer Document
The standards will be published in coming months, but interested parties can still review these documents and provide feedback by emailing email@example.com.