Tag Archive for: new payments network

Paydock, an enterprise-grade payments orchestration platform, is delighted to announce its strategic partnership with Australian fintech Azupay to support its New Payments Platform (NPP) powered payments infrastructure.

This groundbreaking partnership enables e-commerce vendors and merchants Australia-wide to rapidly deploy cutting-edge payments technology, maximise consumer choice and compress their internal transactional and operational costs. Combined with Paydock, Azupay will blend seamlessly alongside other critical payment methods such as credit card, Paypal and Afterpay, enabling merchants to add it to their ecosystem and benefit from this national payment infrastructure – all rapidly deployed through Paydock’s single platform.

Rob Lincolne, founder and CEO of Paydock said: “Accelerating payments innovation across Australia is in our DNA. We are, therefore, extremely excited to collaborate with the wonderful team at Azupay and the substantial benefit they offer every Australian business. We believe that the Azupay technology stands at the forefront of payment acceptance in Australia, capitalising on years of investment by major banks and supported by the Reserve Bank of Australia. This partnership is a watershed moment for Aussie merchants and will fundamentally change the way we think about payments acceptance in Australia.”

As the Australian fintech industry continues to expand, this partnership demonstrates the role Paydock plays in driving fintech innovation. Paydock’s technology is used by global merchants and B2B platforms who benefit from features such as a single API to process payments across vendors, vaulting and routing capabilities as well as  smart user and vendor support.

Commenting on the collaboration, CEO of Azupay, John Murphy said “We are delighted to be partnering with Paydock to bring Azupay’s unique, real-time payment offering to the Paydock platform. For the first time, Paydock merchants can receive their funds instantly instead of waiting days. In addition, Azupay reduces the likelihood of fraud and eliminates chargebacks, which is a real game changer for the Australian eCommerce market.”

Merchants seeking to find out more about the partnership should email [email protected] to find out about how to load Azupay into their Paydock environment.

To find out more about Paydock visiting paydock.com

 

CONTACT:

For media enquiries related to Paydock, please contact:

MINERVA PR

Malika Shermatova

+44 (0)7979 852604

[email protected]

 

NOTES TO EDITORS

About Paydock

Paydock (www.paydock.com) is an innovative enterprise-grade payments orchestration platform. Paydock assists merchants and payment service providers resolve systemic inefficiencies and risks associated with the industry’s growth, such as ever-increasing complexity, lost profit and material risk.

Clients include, major retailers, not-for-profits, global travel platforms, insurtech leaders and fast food chains.

Paydock’s ambition is to return billions in lost profit to its target markets while introducing best-in-class payments infrastructure to some of the most loved brands in the world.

 

About Azupay

Azupay is a Sydney-based fintech using innovative technology to make payments faster, safer and smarter. Azupay is the first consumer-to-business payments service to go live on the New Payments Platform, leveraging state-of-the-art real-time payment capabilities and QR (Quick Response) codes for payment initiation. Azupay allows instant ‘cash like’ account-to-account payments for consumers and businesses.

CONTACT:

For media enquiries related to Azupay, please contact:

CHRIS HAYLOCK

[email protected]
+61 (0) 405 155 009

 

Paydock will expand its range of secure, mobile-friendly payment options to merchants to include the new Bluechain service. Bluechain’s mission is to simplify the checkout process for consumers and drive new revenue for merchants. By allowing Bluechain registered customers to quickly and safely pay on their mobile with just a few taps while protecting personal and sensitive information, Bluechain provides the perfect (and with Paydock easy to connect) service for merchants looking to better support customer demands for safety, speed and security in payments.

What is Bluechain?

Bluechain is a global next-gen payment platform that offers central payment networks, financial institutions and the broader payment ecosystem a secure system to streamline all types of payment transactions. Conventional checkout processes for online shopping carts require the customer to type in their credit or debit card details, which typically includes the cardholder’s name, a 16-digit card number, the expiry date and a three-digit security code printed on the back of the card. The Bluechain solution? Consumers simply register their details with Bluechain and receive a payment request on their phone when making purchases in-store or online or when paying a bill or making a donation.

Customers can link any card or bank account to their Bluechain profile, and when they receive a payment request from a store or an invoice from a biller, they select which account they want to pay from, when they want the payment to be made (immediately or some future date), and then simply approve the payment. The payment is completely secure because the details of a registered customer and their accounts are never revealed to the merchant or biller, so the information can never be stolen or misused.

How Paydock makes it easy

The Paydock payment platform facilitates simplicity and security for merchants wanting to connect with customers, stay in control of their payments ecosystem and reduce costs.  By supporting Bluechain we further this vision in the market.

 

Safer, simpler and cheaper all adds up to a better experience for both consumers and merchants.

 

Want to know more about the details for this upcoming integration? Email us at [email protected]

Want to find out  to our friends at Bluechain about their technology? They’d love to hear from you at [email protected]