EonX signs with Mastercard to support ‘Pay by Account’, appoints new Australian CEO

EonX signs with Mastercard to support ‘Pay by Account’, appoints new Australian CEO

EonX Technologies Inc. has signed an agreement with Mastercard Asia Pacific to support the development of its Pay by Account capabilities in Australia.

Pay by Account powered by Mastercard will support local Australian banking and fintech partners in providing a safer, simpler, smarter way to make, receive and manage everyday payments using a bank account. The solution will utilize the country’s new open banking framework combined with Mastercard’s tokenisation, cyber and anti-fraud technology – enabling partners to provide a more streamlined and secure alternative to traditional account-to-account payment methods.

President & Group CEO of EonX Technologies Inc. Andrew Kallen said, “We are honored to be expanding on our partnership with Mastercard and are truly excited to work with the team on these game changing capabilities. This solution will redefine the real-time payments landscape whilst offering a high level of consumer confidence with bank transfers as a safe and trusted payment channel.”

EonX also confirms the appointment of award-winning fintech leader Kristofer Rogers (pictured), as CEO of the group’s Australian subsidiary, EonX Services Pty Ltd. Rogers, who has over 18 years’ experience, has led financial technology companies such as Zepto (formerly Split Payments) through their growth stage, to his most recent success at Mambu, the $5 billion-valued core banking platform giant. Kris was named CEO Magazine’s Start-Up Executive of the Year in 2019.

Kallen said, “Kris brings unrivalled experience to the table which will accelerate our technology development and increase our delivery capabilities globally. As EonX continues to secure some major client wins, this is the perfect time to bring in someone of Kris’ calibre to lead and grow the Australian team, whilst I continue to focus on our international market expansion and M&A opportunities.”

On his appointment, Rogers said, “I’ve been watching the EonX journey for some time and have been impressed with their ability to strategically and effectively deliver large scale programs for major enterprise clients. Their strong culture of innovation has delivered what I think are the best digital wallet and loyalty solutions in market today.”

On the future, Rogers commented, “I am so excited to lead the Australian team through a period of strong growth and also focus on the EonX payments division, where there are some truly ground-breaking projects to come in 2022 and beyond.”