If you’ve ever made a purchase using a credit card or debit card, you’ve paid a merchant fee for someone to process that transaction on behalf of, most likely, Visa or Mastercard. These small merchant fees are minimal to the customer but over time, they build up to be substantial fees which digital payments company
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Expanding their global network for cross-border payments, Aussie fintech company Novatti Group (ASX: NOV) has taken their relationship with crypto solutions company Ripple to the next level, adding Thailand to their network of international remittance corridors. Under the expanded agreement Novatti will utilise RippleNet, Ripple’s global financial network, to process transactions with the first Thai
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As Aussies continue to shift towards a cashless economy, Commonwealth Bank has confirmed it will be closing 10% of their branch network at lunchtime for reduced operating hours in response to declining foot traffic as we move all our banking and finance needs online. Where branches traditionally facilitated cash transactions, the declining use of cash
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Since offering their last capital raise to accelerate growth, digital payments company Novatti Group (ASX: NOV) has increased its market cap by more than 200% which was one reason institutions were keen to get involved with the Aussie fintech and their latest expansion plans. The cornerstone of what will be a total $45 million raise
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Kicking goals in Australia as the company responsible for coining the term ‘BNPL’, Afterpay (ASX: APT) is taking the world by storm and has selected little-known digital payments company Novatti Group (ASX: NOV) as a partner in their newest expansion territory. The partnership will see Novatti manage Afterpay’s payment card solutions in New Zealand where
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Within one year of acquiring billing automation business Emersion, digital payments and fintech specialists Novatti Group (ASX: NOV) have launched the software in the United States as part of their international expansion plans to capitalise on burgeoning demand for payments automation. The launch replicates Emersion’s existing Software-as-a-Service business model which has proven hugely successful in
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