Shareholders and members of Australia’s three domestic payment organisations, BPAY Group, eftpos and New Payments Platform Australia (NPPA), have submitted a formal application to the Australian Competition and Consumer Commission (ACCC) seeking to amalgamate the three schemes under a single parent company and Board.
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Published by orchardAdmin in Uncategorised
Australia’s three domestic payment organisations, eftpos, BPAY Group and New Payments Platform Australia (NPPA) intend to amalgamate, creating a stronger, unified entity (“NewCo”) that will aim to reduce costs, increase innovation and efficiency, and be better able to compete with the growing scale of overseas multinational payment platforms.
Published by orchardAdmin in Uncategorised
