Payments Revolution

A virtual account is a unique account number assigned within a main settlement account. Businesses that have integrated Monoova have virtual account capabilities we refer to as ‘Automatcher’. This is the unique payment destination clients pay their deposits into (either using BSB and account number or PayID). With Automatcher, payments are instantly identified and easy to reconcile because they are matched to a single user. 

Proudly Australian-owned and operated, Launtel is an internet service provider (ISP) headquartered in Launceston, Tasmania. Known for being Australia's fast and most flexible internet service provider, Launtel offers customers control over their internet service through the ability to and providing as many payment options as possible. Adam Poulton, CEO, Launtel, shares why they choose Monoova as their preferred payments partner, how the integration and onboarding experience has been, and how it's benefitted their customer experience.

Discover how Australia’s New Payments Platform (NPP) enables real-time payments, improves cash flow, and supports business efficiency.

Beyond Payments: How Real-Time Infrastructure Is Transforming Small Australian Businesses Small Australian businesses face rising costs, cash-flow pressure and increasing customer expectations, yet many still rely on slow, expensive legacy payment systems. Real-time payments are changing this landscape by enabling instant settlement, improved liquidity and greater certainty over cash flow. ShaBaas Pay was built to make real-time payment infrastructure accessible to small businesses, startups and incubator communities. Designed for low-tech users, the platform combines instant bank-to-bank payments with simple invoicing, payment links, QR codes and flexible integration options. By moving away from card-based rails and delayed settlement cycles, businesses can reduce transaction costs, minimise chargebacks and operate with greater efficiency and confidence. More than a payment gateway, ShaBaas Pay supports businesses from day one and scales as they grow. Powered by modern Australian payment infrastructure and supported by Monoova, ShaBaas Pay demonstrates how real-time payments are reshaping cash flow, customer experience and operational performance for small businesses across Australia.