Novatti, an Australian fintech company, has expanded and improved its payments network — by partnering with UnionPay, a global card payment company.

Now Novatti, a leading digital banking platform, listed in the Australian Stock Market (ASX) — has expanded its payments network service across 179 countries by partnering with UnionPay — which has 8.4 cards issued globally. Driving immense growth for the company.

“We are thrilled to be partnering with UnionPay, a leading global card payment company. Through this partnership, Novatti will drive continued growth in our payment processing business, delivering further value from our existing platforms and technology.” 

Managing Director of Novatti, Peter Cook, stated in a press release.

Only in Australia, 90 % of ATMs accept UnionPay, as well as 80 % of sale terminals, and major retailers such as Cole and Target. This association will expand Novatti’s growing list of global partners, like Visa, Google Pay, and Decta. 

Novatti Is Not The Only Improving Australian Fintech Platform 

Another Australian fintech platform that recently improved its payment services is RaleyPay — a cryptocurrency exchange that implemented a simple and efficient method by allowing their users to pay their bills or make online shop integrations with Shopify, WooCommerce & Magento, all with Bitcoin or Ethereum.

Now Australians can buy Bitcoin or Ethereum with AUD via PayID or bank transfer — or spend their cryptocurrencies on E-commerce sites.

RaleyPay converts the crypto transactions to fiat, at the moment the transaction is made. This method bridges the gap between traditional fiat and the expanding market of the crypto world.