back Back

Monoova and Primer jointly bring flexible digital payments to Australia

By Leandra Monteiro

May 04, 2023

  • Australia
  • Digital Payments
  • E-commerce Payments
Share

Primer, Monoova 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.”

Previous Article

May 04, 2023

nCino and Grasshopper partner to enhance banking process

Read More
Next Article

May 04, 2023

Kreditz raises €10m equity to expand credit scoring services

Read More








IBSi Daily News Analysis

March 22, 2024

Australia

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 28, 2024

5 Major FinTech Acquisitions announced in March 2024

Read More

March 28, 2024

Tempo France suspends classical remittances, to focus on DeFi

Read More

March 28, 2024

Qonto unveils its first in-house financing offer, ‘Pay later’

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023