Real Time A2A Payments Panel

Monoova

Monoova is an Australian payments service provider that enables seamless account-to-account transactions for businesses via one simple API integration. Monoova’s API automates how businesses receive, manage and pay funds across multiple payment methods including Enhanced Direct Debit, BPAY, Direct Entry, NPP, PayID, PayTo and card acquiring launching this year.

Monoova’s payment solutions are customisable, scalable and tailored for every business – from startups to large enterprises. Payment processing and management are streamlined with Monoova, delivering business efficiencies and improved merchant and customer payment experiences.

Key Strengths

• 1 API integration that connects businesses to all the main payment rails in Australia.
• Monoova’s Automatcher solution assigns unique account numbers and PayIDs to every single customer for automated account reconciliation in real-time.
• Support from a local, dedicated team of experts based in North Sydney.
• Leverage FX capabilities for cross-border payments and competitive wholesale rates.
• Ongoing commitment to provide the best security standards for clients are reflected through achieving SOC 2 Type I and being a member of FS-ISAC.
• The payments portal utilises advanced multi-factor authorisation helping prevent fraud and adding an extra layer of security.
• API is built on trusted RESTful architecture which allows building a scalable and adaptable solution for your payment flows.
• Automates AUSTRAC reporting assisting customers to automate reporting for anti-money laundering and counter-terrorist financing (AML/CTF) to Australia’s financial crime watchdog.

Azupay

Azupay is an Australian provider of real-time payment solutions for governments, banks, billers and businesses. It taps into the New Payments Platform (NPP) to modernise inbound and outbound payments using PayID and PayTo for businesses. With its expertise in NPP-powered payment solutions, Azupay was the first to market with a C2B solution for PayID and facilitated the first PayTo transaction in August 2022.

Azupay’s solutions allow consumers and merchants to receive instant and automatically reconciled payments safely and for a fraction of the cost of credit cards or BNPL. Azupay is designed for the digital age, to remove the frustration of legacy payment systems and to provide consumers more control and visibility of their finances when they make a payment.

Key Strengths

• Based on user research and understanding of payment behaviours, Azupay’s implementations reduce the complexity and time required for merchants to start accepting NPP payments.​
• Azupay’s architecture allows you to create a seamless payment journey through its PayID whether for a static PayID for recurring payments or wallet top-ups, or fresh PayIDs generated for each individual invoice.
• Offers a flat per-transaction fee and not a percentage structure.
• Azupay integrates with enterprise platforms to embed its solution into your payment stack.
• Azupay boasts enterprise-grade security and is SOC 2 Type II compliant.
• Real-time NPP fraud monitoring and detection.
• All transactions are validated and reconciled at the transaction level in real-time.
• Options to manage payment initiation through email, text, invoice, mobile, QR code, terminals and website.

Finverse

Finverse is an APAC focused modern API that offers a fast and easy way for businesses to send and receive payments directly between bank accounts. Finverse handles complex bank integrations and provides an off-the-shelf solution for variable payments for any amount, and at any frequency.

Finverse champions payment choice for payers, supporting autopay, 1-click pay, FPS, FAST PayNow, cards, and multiple regional wallets. Embedded payment links enable a smoother customer payment experience (within the app/portal/invoice), with bank methods offering up to 85% savings compared to cards.

Key Strengths

• Low-cost way to collect high volume payments – powerful electronic Direct Debit and eGIRO connectivity available in Hong Kong and Singapore, without complex bank integrations.
• Collect direct debit and FPS/FAST payments, and payout (both bulk and automated payouts supported) to vendors, employees, suppliers, etc.
• Payment method enables automated account reconciliation in real-time.
• Add Finverse as a “Pay now” option on any invoices generated (I.e., Xero or any other software)
• Implements security controls mapped to ISO 27001 standards and monitored through a leading 3rd-party compliance and security automation platform.
• Authentication for customer API integrations via API keys – Authentication for Finverse’s customer dashboard via Auth0, a leading 3rd party access management platform, supporting common single sign-on (SSO) and social login methods.