Australian fintech and digital payments company Novatti Group (ASX: NOV) has further strengthened their payments business by expanding their partnership with the world’s leading lifestyle platform, Alipay, to integrate ChinaPayments.com into the Alipay app. Launched in 2018 by Novatti, ChinaPayments was a first-to-market platform for Chinese residents to pay their Australian bills via BPAY, but
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Since being purchased by and integrated into Novatti Group (ASX: NOV) in April, Emersion Software Systems has thrived in the digital payments market through COVID-19 with uptake of their cloud hosted billing and payments platform exceeding expectations. The smooth transition into Novatti Group has been aided by Novatti’s decision to continue operating Emersion as an
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Australian fintech company Novatti Group (ASX: NOV) has reported a 67% rise in revenues from their payments processing business, a record for the company which has seen heightened activity amidst coronavirus lockdowns as businesses turn to digital payment solutions. For the quarter ending 31 March 2020, Novatti’s $1.72 million (unaudited) in payment processing revenue represented
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Two of the world’s leading payment processing companies have joined forces to launch a new Visa issuing business in the Asia-Pacific region with Australian fintech company Novatti Group (ASX: NOV) partnering with Decta, a leading payments processor in Europe. The partnership leverages two of the company’s core strengths with Novatti holding a Visa Principal Issuer
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As society is bunkered down in self-isolation to prevent the spread of COVID-19, fintech company Novatti (ASX: NOV) has acquired payments platform Emersion with both businesses seeing a rise in online payment processing revenue to accommodate the new contact-free world. The acquisition will see Emersion integrated into Novatti, bringing with it the $1.7m in revenue
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As coronavirus fears continue to grip the global economy, send markets deep into the red and see a global shutdown of mass gatherings, technology will play a vital role in keeping the world interconnected, whilst in isolation. Panic buying has sent demand for healthcare products rocketing, leading to strong gains from medical product manufacturers but
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