Ezypay launches PayTo services to the Australian market through its partnership with Cuscal
Ezypay launches PayTo services to its business customers in the Australian market through its partnership with Cuscal. The partnership solidifies Ezypay’s position of leadership in the payments industry and enables them to be among a small number of payment service providers delivering PayTo to the market on day one.
As the broader adoption of PayTo continues through 2022 and 2023, Ezypay will be able to deliver the value of PayTo to its partners and customers as the rollout progresses.
Ezypay Chief Executive Officer, James Foster, commented on the partnership with Cuscal saying, “Our core focus is to continue to innovate in subscription payments, as we have done for the last 26 years. Announcing our partnership with Cuscal is further proof of the work we are doing to provide PayTo as a game-changing solution in the Australian subscription and recurring payments market.”
Cuscal, Australia’s largest independent provider of payments solutions, was one of twelve financial institutions that established the New Payments Platform (NPP) in 2014, Australia’s real-time payment system, enabling over 50% of the financial institutions connected to the Platform when it was made publicly available back in February 2018. Since then, Cuscal has strengthened its position as market leader in NPP, building a strong foundation of clients, industry relationships, expertise, and scale over the last 5 years.
Bianca Bates, Chief Client Officer and Deputy CEO at Cuscal, said, “The launch of PayTo represents a major milestone in the evolution of the NPP and is testament to the dedication and commitment of everyone at Ezypay, Cuscal and our industry partners who have worked tirelessly together to bring this exciting new innovation in payments to life.
We’re proud to be partnering with Ezypay on PayTo and look forward to supporting them now and into the future enabling greater competition and innovation in payments for merchants, businesses, and software providers.”
In addition to this partnership, Ezypay is also an active member of the NPPA’s PayTo User Forum and has also recently announced their membership with AusPayNet in the new Payment Service Provider (PSP) category. Foster noted. “Ezypay is more than just a payment provider. We are continuing to shape and guide the direction of subscription payments in Australia and the Asia Pacific region.”
