BECS

Bulk Electronic Clearing System

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CashCash
+7+7
Get some rest during the holidays because 2025 will be a big year for payments
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Get some rest during the holidays because 2025 will be a big year for payments

Some well-earned rest may be needed for payments industry executives and policy boffins over the holidays, before they face a very busy 2025.

A2AA2A
+3+3
Recurring bill payments to help boost NPP real time migration
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Recurring bill payments to help boost NPP real time migration

Shifting enterprise and recurring bill payments to the New Payments Platform (NPP) forms part of a plan to accelerate the migration of transactions onto the real time network, as the industry races towards the proposed closure of the Bulk Electronic Clearing System (BECS) in 2030.

A2AA2A
+3+3
The real story on real time
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The real story on real time

With only five years to run until the proposed closure of the Bulk Electronic Clearing System (BECS), the New Payments Platform (NPP) has just 10% of Account-to-Account (A2A) payments.