Novatti partners with MYPINPAD to offer businesses Tap on Phone payments solution

By Leandra Monteiro

MYPINPAD, a global innovator in mobile card payments systems, announced a new partnership with Novatti to deliver their Tap on Phone payments solution to the Australian market.

Morten Hofstad, Head of Asia Pacific at MYPINPAD, said on the partnership, “MYPINPAD’s certified Tap on Phone technology allows Novatti to build and launch a winning merchant service proposition for contactless payments acceptance. The solution and our services, which have been proven globally, will help Novatti create a clear market advantage for Tap on Phone in the region.”

Novatti currently provides a range of payment acceptance services to businesses in Australia. The partnership will enable the company to offer businesses a convenient ‘tap and pay’ option by using their Android phone or tablet with no additional hardware needed.

Kian Jackson, General Manager of Merchant Acquiring at Novatti, said, “Equipping our customers with simple and secure payment options is at the heart of everything we do. After an extensive search, we selected MYPINPAD because of their security credentials (PCI and AusPayNet), technology platform and market capability.”

With this announcement, MYPINPAD will have live implementations on six continents. This demonstrates a global demand to remove the historical barriers to accepting card payments via older technology.

Novatti is a FinTech that enables businesses to pay and be paid, from any device, anywhere. Solutions include issuing, acquiring, processing and billing, while the company has also applied to APRA for a restricted banking licence through its subsidiary Novatti IBA Pty Ltd.

MYPINPAD is a global leader in secure mobile payments acceptance and authentication solutions. Its certified patented technology is built on cloud-based open systems designed to be bank-grade and ready to scale, providing partners with the tools to grow and futureproof their businesses.