Australia's A2A Payments Roundtable has released a draft report seeking feedback from industry stakeholders by May 22, 2026. The report outlines a strategic vision for the development of account-to-account (A2A) payments, aiming to provide clarity on the long-term direction for A2A payment products, services, and infrastructure. The roundtable includes key players such as the Australian Payments Network, Australian Payments Plus, the Reserve Bank of Australia, and the Commonwealth Treasury.
The draft report, developed after extensive stakeholder engagement, highlights the potential for emerging technologies, including blockchain and digital assets, to influence the A2A payments ecosystem. Stakeholders are encouraged to submit their feedback, which could lead to significant adaptations in the current system. The A2A payments system in Australia, facilitated by the New Payments Platform and PayID, offers instant, secure, and low-cost bank-to-bank transfers, bypassing traditional card networks.
Australia's A2A Payments Roundtable Seeks Industry Feedback on Draft Report
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