Australian Payments Plus

Australian Payments Plus (AP+) aims to unite people and technology to power better experiences in the financial services and payments industry. The company, founded in 2022 in Australia, has brought together the country's three domestic payment providers – BPAY Group, eftpos, and NPP Australia – into one integrated entity. This strategic consolidation enables AP+ to establish a more competitive and coordinated Australian payments organization, well-equipped to adapt to regulatory and technological changes. More importantly, as a member-owned organization, AP+ boasts a diverse membership base, comprising Australia's domestic banks, international banks, major merchants, payment service providers, payment processors, as well as challenger and disruptor brands focused on specific markets and products. Through this integrated approach, AP+ has strategically positioned itself to address the evolving landscape of the financial services and payments industry. With a focus on the public interest, the organization is poised to drive greater efficiency and innovation in this critical sector. As of now, specific details regarding investment and investors are not available, suggesting a potential opportunity for venture capital firms interested in the financial services and payments industry. Overall, Australian Payments Plus represents a compelling venture, leveraging collaboration and integration to enhance the payment experience for both businesses and consumers in Australia.