Australia built one of the world's best real-time payment systems — yet most of what Australians pay at the checkout still runs through foreign-owned card networks. Payment sovereignty is about changing that. Here's why control of our domestic payment rails matters for consumers, businesses and the national economy.
In July 2026, Confidia formally lodged documents with ASIC to convert from a public company to a proprietary limited company. Here's why we made that decision — and what it means for our customers and partners.
Australia's payment infrastructure is undergoing its most significant transformation in decades. The migration from BECS (Direct Entry) to the NPP represents a generational shift from batch processing to real-time, data-rich payments. This article explains what the transition means for payroll, bills, government payments and the future of Australian domestic payment capability.
BPAY has been helping Australians pay bills through their online banking since 1997. Unlike the NPP's instant transfers, BPAY is purpose-built for bill payments with powerful reconciliation features. This article explains Biller Codes, Customer Reference Numbers, and how BPAY fits alongside the newer NPP services.
PayTo is the least understood but most transformative service on the New Payments Platform. It gives customers full visibility and control over payment agreements through their online banking, while giving businesses faster confirmation and richer data. This detailed guide explains how PayTo works, how it differs from traditional direct debit, and what the transition means for Australian consumers and merchants.