--- title: "The Leader Reveals: New Payments Platform" description: ServiceSeeking.com.au was featured in The Leader as we shared how the New Payments Platform (NPP) can be a game-changer in the industry. image: https://23226544.fs1.hubspotusercontent-na1.net/hubfs/23226544/Leader.png --- News # The Leader Reveals: New Payments Platform ServiceSeeking.com.au was featured in The Leader as we shared how the New Payments Platform (NPP) can be a game-changer in the industry. [ Anna Alonzo ](https://www.serviceseeking.com.au/press-coverage/author/bettina-esguerra) Feb 22, 2018 [News](https://www.serviceseeking.com.au/press-coverage/tag/news) ### Share this article [mailto:?subject=Check%20out%20https://www.serviceseeking.com.au/press-coverage/ask-your-tradie-about-the-new-payments-platform&utm_medium=social&utm_source=email%20&body=Check%20out%20https://www.serviceseeking.com.au/press-coverage/ask-your-tradie-about-the-new-payments-platform&utm_medium=social&utm_source=email](mailto:?subject=Check%20out%20https://www.serviceseeking.com.au/press-coverage/ask-your-tradie-about-the-new-payments-platform&utm_medium=social&utm_source=email%20&body=Check%20out%20https://www.serviceseeking.com.au/press-coverage/ask-your-tradie-about-the-new-payments-platform&utm_medium=social&utm_source=email) ### Subscribe ![](https://23226544.fs1.hubspotusercontent-na1.net/hubfs/23226544/Leader.png) *(Image Source: The Leader)* In this article, The Leader dives into the transformative potential of the New Payments Platform (NPP) for the Australian trade industry and its implications for businesses, consumers, and tax authorities. Here's a bulleted summary of the key points covered: - The recently launched NPP aims to revolutionize the Australian payments system, enabling real-time payments, enhancing remittance information, simplifying addressing, and extending operating hours. - Supported by 13 banks, the NPP aligns with the Australian Tax Office's (ATO) efforts to combat the cash economy by encouraging electronic transactions and discouraging cash-only businesses. - Tradies, a significant segment of cash-based transactions, stand to benefit from the NPP's features, such as instant payments, attachment of invoices and documents, and the introduction of 'PayID' for streamlined transactions. - Despite its potential advantages, a considerable percentage of tradies remain unaware of the NPP, with many expressing preferences for cash payments due to past issues with bank delays and processing times. - The NPP addresses the primary concerns of tradies, ensuring timely payment on-site and reducing reliance on cash transactions, thereby supporting the ATO's objectives while improving efficiency for businesses and consumers alike. - Jeremy Levitt, CEO of [ServiceSeeking.com.au](http://serviceseeking.com.au), highlights the NPP as a pivotal tool for incentivizing electronic payments, minimizing the cash economy, and fostering fair competition within the trade industry. The NPP emerges as a crucial innovation reshaping payment practices, offering convenience, transparency, and compliance benefits for all stakeholders involved. Read the full article here: [https://www.theleader.com.au/story/5204782/ask-your-tradie-about-npp/](https://www.theleader.com.au/story/5204782/ask-your-tradie-about-npp/)  ![Screenshot 2024-02-27 at 2.47.59 PM](https://23226544.fs1.hubspotusercontent-na1.net/hub/23226544/hubfs/Screenshot%202024-02-27%20at%202.47.59%20PM.png?width=2644&height=1502&name=Screenshot%202024-02-27%20at%202.47.59%20PM.png)   ## Similar posts News ### [The New Daily: The household jobs best left to professionals](https://www.serviceseeking.com.au/press-coverage/the-household-jobs-best-left-to-tradies) ServiceSeeking.com.au was featured in the New Daily as we reported on the property maintenance or handiwork jobs best left to professionals. Mari Julian Jan 18, 2018 News ### [Daily Mail: Demand for tradies plummets in Sydney and Melbourne](https://www.serviceseeking.com.au/press-coverage/why-you-need-to-fix-up-your-house-now-the-cost-of-hiring-a-tradie-plummets-by-as-much-as-44-with-builders-and-bathroom-renovators-the-hardest-hit) ServiceSeeking.com.au was featured in the Daily Mail as we provided research and data showing that numbers plunged for home renovation tradies. Mari Julian Jan 14, 2019 News ### [SMH reports: WA plumbers top the 'tradie rich list' again](https://www.serviceseeking.com.au/press-coverage/smh-reports-wa-plumbers-top-the-tradie-rich-list-again) ServiceSeeking.com.au was featured in the Sydney Morning Herald as we provided insights into WA plumbers making it into the coveted list. Anna Alonzo Jan 22, 2017 ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Anna Alonzo", "url" : "https://www.serviceseeking.com.au/press-coverage/author/bettina-esguerra" }, "dateModified" : "2024-03-01T04:04:39.630Z", "datePublished" : "2018-02-22T13:49:00.000Z", "headline" : "The Leader Reveals: New Payments Platform", "image" : [ "https://23226544.fs1.hubspotusercontent-na1.net/hubfs/23226544/Leader.png" ], "mainEntityOfPage" : { "@id" : "https://www.serviceseeking.com.au/press-coverage/ask-your-tradie-about-the-new-payments-platform", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject" }, "name" : "Service Seeking Pty Ltd" } } ```