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.

Since 2011, we continue to deliver core mobile network monitoring solutions to the Australian mobile telecommunication sector and integrate critical payment technologies for businesses. In particular, 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 transction authentication and encrypted tokenization capabilities to help busineses reduce fraud and chargeback liability risks.