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Brumby Pay Welcomes Monoova as preferred Payment Service Provider
Brumby Pay, a regional Victorian fintech start-up, is pleased to announce Monoova as their preferred Payment Service Provider, combining Brumby Pay’s patent-pending architecture with Monoova’s enterprise-grade infrastructure to deliver compliant, rapid and secure payment flows to the Australian market.
The relationship underpins Brumby Pay’s mission to transform how invoices and bills are paid across the country.
Unlocking new opportunities for Australian businesses
Brumby Pay’s platform is designed to:
- Accelerate cashflow for B2B and B2C businesses across multiple verticals.
- Promote financial wellness by acknowledging early and on-time payments as positive behaviour rather than focusing on delinquencies and punitive measures.
- Strengthen business confidence with a compliant, robust framework that enables faster, safer transactions.
According to Dale Anderson, Co-Founder of Brumby Pay, Monoova’s partnership is an exciting and critical step towards unlocking both business and economic liquidity paralysis.
“Late payments cost Australian SMEs billions in lost productivity and opportunity each year. Through our alliance with Monoova, Brumby Pay operates on a fully licensed payments backbone across multiple rails. Monoova’s compliance, security and settlement infrastructure provides a trusted pathway for customers to pay faster and with confidence, putting more cash back in the pockets of businesses.”
A secure foundation for innovation
Monoova’s real-time payment solutions provide Brumby Pay with API-driven capabilities, ensuring that all transactions are processed securely, at speed, and in full accordance with Australia’s financial regulations.
“Monoova is proud to support Brumby Pay in realising their vision of making payments secure, simple and convenient for customers,” said David Greene, Chief Commercial Officer at Monoova. “By pairing Brumby Pay’s innovative platform with our trusted payment infrastructure, we’re enabling businesses and their customers to transact with confidence, speed and ease.”
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