Paymentology, a global issuer-processor, today announced a strategic partnership with Change Financial to accelerate payment method adoption and fintech growth across Australia. The Paymentology Australia collaboration combines Paymentology’s cloud-first processing platform with Change Financial’s local BIN sponsorship, regulatory expertise and in-market presence.

This would enable fintechs, digital banks and programme managers to launch and scale debit, credit and prepaid programmes with greater efficiency in Australia. Change Financial is a Mastercard Principal Issuer in Australia, and it provides local scheme connectivity and compliance support.

Minh Ha Truong, Head of Growth Asia Pacific at Paymentology, commented:

“By partnering with Change Financial, we’re combining next- generation issuing infrastructure with trusted local BIN sponsorship and expertise, unlocking faster payment method adoption for fintechs and helping them scale confidently in the Australian market.”

The partnership aims to create a streamlined pathway for fintechs looking to enter or expand in the country.

Meanwhile, Change Financial brings experience in supporting fintechs and financial institutions through local sponsorship, scheme relationships and programme enablement. Jennifer Mateer, Chief Commercial Officer at Change Financial, added:

“Our partnership with Paymentology combines our local market expertise with global-scale issuing infrastructure, enabling innovators to accelerate time to market and deliver compelling card payment experiences to Australian consumers and businesses.”

Paymentology describes itself as a next-generation issuer processor which empowers fintechs, digital banks, and retail banks to launch and manage payment solutions on a global scale.

Paymentology’s Australia rollout also includes a separate arrangement with Cuscal for Bank@Post and EFTPOS connectivity, and a partnership with Constantinople.

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