Monoova and Primer jointly bring flexible digital payments to Australia
By Leandra Monteiro
Australian real-time payments provider, Monoova has partnered with Primer, a no-code commerce automation platform, to facilitate easier, seamless payments.
With this partnership, Primer will now offer PayTo and PayID enabled by Monoova, in addition to over 100 commerce and payment apps available on its platform.
The move provides Primer’s global customers, with operations in Australia, access to New Payment Platform’s real-time payment method, spearheaded by the Reserve Bank of Australia (RBA), which is set to transform the management of direct debits in Australia.
Kailash Madan, Head of APAC, Primer said, “We are excited to partner with Monoova and add PayTo and PayID to the Primer platform, providing our customers with access to real-time, direct bank-to-bank payments in Australia. With digital wallets predicted to become the main payment method for Australian consumers as early as 2025, and with an influx of new digital payment options, expanding the breadth of payment options will be key for business growth.”
In the near future, the partnership will also enable Monoova’s customers in Australia to access more digital payment options, including Apple and Google Pay through Primer, giving Australian businesses a bigger share of the e-commerce market at home and abroad.
Christian Westerlind Wigstrom, CEO, Monoova said, “At Monoova, we specialize in automating high volume payments across multiple payment rails. For years we have made sophisticated payment methods available to technology platforms. This partnership will not only support our clients to scale even faster with improved cash flow and efficiencies and instant 24/7 settlement, it will also give access to a broader range of digital payment options.
“As one of the first payment initiators to switch on PayTo, we’re excited to bring that product to an international audience looking to tap into the opportunities of the Australian market.”
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