/ Australia

Overview

Australia is the sixth-largest country by land mass with a population of c.26 million people. The service sector (including tourism) makes up c.63% of GDP and employs nearly 80% of the labor force. Electronic payments represent over 60% of all payments in Australia and continues to increase across all payment channels.

Our history in Australia began in the 1990’s when e-commerce came of age. After successfully delivering online payment processing capabilities to domestic banks and tier-1 mobile telecommunications companies, the Australia and New Zealand payment aggregation business was sold to ASX listed MYOB in 2017 and later acquired by one of the world’s largest private equity firms, KKR, in 2019.

Through our payment orchestration technology stack, we enable businesses in Australia to accept payments from all major card schemes and give businesses the power to seamlessly switch payment transactions to any partner bank of their choosing to maximize benefits. We also provide 3D-Secured transaction authentication and encrypted tokenization capabilities to help businesses reduce fraud and chargeback liability risks.

Our technology solutions are principally designed for regulated Australian financial institutions including payment facilitators, payment processors and deposit taking institutions including white-labeled integrated payment gateway service, merchant management system, due diligence onboarding and document management system, fraud engine, token vault, dynamic currency conversion, turnkey hosted payment pages, API access, e-commerce payment plug-ins, invoice generation / bulk payment collection and reconciliation, cross-border remittance technology and hosted connectivity to any requested payment rail. 

Digital payments infrastructure for regulated Australian financial institutions