Real-time payments
Australia is undergoing a once-in-a-generation payments revolution, are you ready?
Why choose Westpac as your real-time payments partner?
Real-time payments foundations
We’re a digital leader in developing payment channels, including PaymentsPlus for payables and QuickStream for receivables.
Rapid adoption support
Quick and easy-to-integrate access to existing and emerging capabilities allows early adoption for a competitive edge.
Empowering your people
We have deep implementation experience to help you realise change benefits.
Continuous innovation
Our PayTo, Dynamic Virtual Card and Westpac One capabilities are helping reshape real-time payments to enable businesses to create value.
The state of real-time payments in Australia
Making payments faster, smarter and more secure
We’re got the expertise, implementation track-record, and the technology to help customers unlock the competitive advantage of real-time transformation.
Speed of transactions
On the New Payments Platform (NPP), Australia's fast payments infrastructure, offering real-time clearing and settlement.
Customer-centricity
Meet your customers where they want to be met. Consumers increasingly expect secure and instant payments.
Operational efficiencies
Gain control and leave behind the operational and fraud risks associated with some legacy and manual payments.
24/7 visibility
Access rich data at any time for unparalleled transparency and insights on your financial position.
Manage your payments and receivables on these channels
Real-time capabilities and features available on our channels
Our real-time readiness assessment will get you started.
Whether you’re making the first move towards real-time payments or already on the way, ask us how you can meet disruption with innovation to realise real-time value.
PayID Biller: Next big leap in the real-time revolution
The latest development in real-time payments with the launch of PayID® Biller is now bringing unique advantages to Westpac corporate and institutional customers. Here’s how.
Next generation defence: Safer solutions in real time
As money moves faster in the payments system, so do the security tools that keep customers’ funds safe. Peta O’Brien, Head of Client Engagement in Westpac’s Global Transaction Services, explains the bank’s pre-emptive approach to scam-busting and more.
Unlocking the real-time advantage: Why the shift from BECS to NPP is a strategic imperative
#realtimepayments
Unlocking the real-time advantage: Why the shift from BECS to NPP is a strategic imperative
In the coming years, Australia will undergo the most significant change to the payments landscape in 30 years, with the transition from cheques and direct entry to digital real-time payments. The shift from legacy to the New Payments Platform (NPP) is not merely a technical upgrade – it represents a fundamental reimagining of how organisations create value.
Things you should know
Westpac Institutional Bank is a division of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 (Westpac). These products and services are available only to wholesale clients within the meaning of s761G of the Corporations Act 2001. You should consider whether or not these products and services are appropriate for you. Terms and conditions apply.
This information has been prepared without taking account of your objectives, financial situation or needs. This material may contain material provided by third parties. The information is subject to change without notice and none of Westpac or its related entities is under any obligation to update the information or correct any inaccuracy which may become apparent at a later date.
PayID Biller is available for implementation initially in QuickStream (Sep 2025) and coming soon to PayWay.