“This new platform will ensure help is always at hand even outside of normal banking hours or on public holidays,” Minister for Human Services and Digital Transformation Michael Keenan said.
“Previously, if you needed help late in the day or over the weekend, factors beyond my department’s control could see several days pass before payments were processed by an individual’s bank. That is no longer the case.”
The NPP went live in February 2018, allowing for the transfer of money from one person to another in near real-time by using an email address or phone number — a PayID — rather than the traditional BSB or account number process.
Read More.. Source ZDNet