SYDNEY, AUSTRALIA -
Media OutReach Newswire - 21 April 2026 -
Paymentology,
the leading global issuer-processor, today announced a strategic
partnership with Change Financial to accelerate payment method adoption
and fintech growth across Australia.
The collaboration combines Paymentology's cloud-first processing
platform with Change Financial's local BIN sponsorship, regulatory
expertise and in-market presence - enabling fintechs, digital banks and
programme managers to launch and scale debit, credit and prepaid
programmes more efficiently in the Australian market.
Change Financial is a Mastercard Principal Issuer in Australia,
providing local scheme connectivity and compliance support. Together
with Paymentology's real-time, multi-cloud processing infrastructure,
the partnership creates a streamlined pathway for fintechs looking to
enter or expand in the country.
Australia represents one of the world's most advanced digital payments markets. The national payments market was valued at
USD 849.1 billion in 2025
and is projected to reach USD 1.35 trillion by 2034, growing at a CAGR
of 5.09% between 2026 and 2034. Cards and mobile wallets now sit at the
centre of everyday transactions, as digital adoption continues to
accelerate. Australians made approximately
AUD 160 billion in mobile wallet payments
in the past year alone, with billions of transactions recorded
annually, highlighting strong demand for digital-first, contactless and
mobile-enabled payment experiences.
Minh Ha Truong, Head of Growth Asia Pacific at Paymentology commented:
"Australia is one of the most sophisticated payments ecosystems
globally, with strong consumer adoption of digital, contactless and
mobile-first experiences. By partnering with Change Financial, we're
combining next-generation issuing infrastructure with trusted local BIN
sponsorship and expertise, unlocking faster payment method adoption for
fintechs and helping them scale confidently in the Australian market."
Change Financial brings deep experience supporting fintechs and
financial institutions through local sponsorship, scheme relationships
and programme enablement.
Jennifer Mateer, Chief Commercial Officer at Change Financial added:
"We collaborate closely with fintechs and programme managers every day
to launch innovative payment solutions with speed and confidence. Our
partnership with Paymentology combines our local market expertise with
global-scale issuing infrastructure, enabling innovators to accelerate
time to market and deliver compelling card payment experiences to
Australian consumers and businesses."