Payments Revolution

June 20, 2022

How payments can affect speed, efficiency, risk protection and UX

In June, Monoova's CTO, Nicholas Tan, joined BDO’s Global leader for Fintech, Tim Aman and and Kallan Hogan from Mastercard to discuss the Payments Revolution as part of BDO's Fintech Fridays series. You can watch the webinar replay below as they debate how modern digital payments affect payment speed, efficiency, risk protection, and user experience and of course no payment revolution discussion is complete without talking to the pending switch on of PayTo.

‍

Get in contact with us.

‍

Monoova Payments Pty Ltd (ABN 38 126 015 227) trading as Monoova (“Monoova”) is the authorised representative of Monoova Global Payments Pty Ltd (ABN 77 106 249 852; AFSL No. 421414 ), the issuer of the Combined Financial Services Guide & Product Disclosure Statement Non-Cash Payment Products and Services dated 20 September 2023. (FSG/PDS). This information is given in summary form and does not purport to be complete. To the maximum extent permitted by law, Monoova does not assume responsibility for, the content, accuracy or completeness of the information presented. Before acting on any information you should consider the appropriateness of the information having regard to these matters and seek independent legal, financial and tax advice. To the extent that the information contained above is sourced from third parties or provides link to third party websites, Monoova takes no responsibility for the accuracy, currency, reliability and correctness of any information included in the material provided by third parties nor for the accuracy, currency, reliability and correctness of links or references to information sources (including internet sites) operated by third parties.

Wise and Monoova: Unlocking the Future of Payments

Click here to read the full article

"Without the API that Monoova provides, things like BPAY, direct debits, bank transfers, we would have to integrate and build all the componentry around it individually. With Monoova, we can just plug into 1 API and we can gain all that functionality. So there's a lot of cost saving in the go to market process for us rather than having to build all supporting infrastructure around those processes." Tristan Dakin, Country Manager, Australian & New Zealand explains how Monoova has been instrumental in providing the key payments infrastructure to send money internationally for their Australian clients.

Auto-Reconciliation

Payments

Get paid in real-time with reporting and automatic reconciliation

Click here to read the full article

For many businesses, keeping track of incoming transactions is a full-time job. It takes time to get paid; it takes additional time to find out that those transactions have been received; and it takes an awful lot of time to track down who paid you when lodgement references have been mistyped or forgotten.

Client Success

Payments

Eastern & Allied and Monoova: Client Success

Click here to read the full article

"Over 95% of our transactions are in real-time. Using NPP with Monoova has been a game changer. We've been able to save an incredible amount of time and resource using Monoova's payment solution. We've been able to streamline the way we operate and receive funds from a lot of different customers." Dianne Nguyen, CEO, Eastern & Allied shares how Monoova's payment solutions have transformed their remittance business whilst resulting in time, cost and resource savings.

Payments

Auto-Reconciliation

The Importance of Payment Automation: Why Lenders Can’t Afford to Wait

Click here to read the full article

Discover how payment automation is transforming lending. Learn how Monoova and finPOWER Connect empower lenders with real-time payments, compliance, and scalability.