MELBOURNE, Australia – 27 October 2022: MYPINPAD, a global innovator in mobile card payments systems, today announced a new partnership with Novatti to deliver their Tap on Phone payments solution to the Australian market.
Novatti currently provides a range of payment acceptance services to businesses in Australia. The partnership will enable Novatti to offer businesses a convenient ‘tap and pay’ option by using their Android phone or tablet with no additional hardware needed.
Kian Jackson, General Manager of Merchant Acquiring at Novatti, said, “Equipping our customers with simple and secure payment options is at the heart of everything we do. After an extensive search, we selected MYPINPAD because of their security credentials (PCI and AusPayNet), technology platform and market capability.”
MYPINPAD attained AusPayNet certification in 2021 for its SPoC (Android and Apple iOS) and CPoC (Android) solutions. With this announcement, MYPINPAD will have live implementations on six continents — in line with our vision to be a global player. This demonstrates a global demand to remove the historic barriers to accepting card payments via older technology.
Morten Hofstad, Head of Asia Pacific at MYPINPAD, comments on the partnership, “MYPINPAD’s certified Tap on Phone technology allows Novatti to build and launch a winning merchant service proposition for contactless payments acceptance. The solution and our services, which have been proven globally, will help Novatti create a clear market advantage for Tap on Phone in the region.”
MYPINPAD is a global leader in secure mobile payments acceptance and authentication solutions. The solution of choice for money on the move — We make it easy for people to transact using their existing smart devices, while making sure financial information is safe and secure. Our certified patented technology is built on cloud-based open systems designed to be bank-grade and ready to scale, providing partners with the tools to grow and futureproof their business. By working together, we drive financial inclusion for the benefit of millions globally.
About Novatti Group (ASX:NOV)
Novatti is a leading fintech that enables businesses to pay and be paid, from any device, anywhere. From corner stores and startups to global organisations, our solutions will unlock your ambitions. Solutions include issuing, acquiring, processing and billing, while Novatti has also applied to APRA for a restricted banking licence through its subsidiary Novatti IBA Pty Ltd.