Paymentology Partners with Change Financial to Accelerate Next-Generation Payments in Australia
Australia’s USD 849 billion payments market set to reach USD 1.35 trillion by 2034 as digital adoption accelerates
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Paymentology has announced a strategic partnership with Change Financial aimed at accelerating the adoption of next-generation payment solutions across Australia.
The collaboration brings together Paymentology’s cloud-first, real-time processing platform with Change Financial’s local BIN sponsorship, regulatory expertise, and established in-market presence. The combined offering is expected to enable fintech companies, digital banks, and program managers to efficiently launch and scale debit, credit, and prepaid card programs in the Australian market.
Change Financial, a Mastercard Principal Issuer in Australia, provides scheme connectivity and compliance support, creating a streamlined pathway for market entry and expansion. When paired with Paymentology’s multi-cloud infrastructure, the partnership is positioned to simplify operations and reduce time-to-market for payment innovators.
Australia remains one of the most advanced digital payments markets globally. The sector was valued at USD 849.1 billion in 2025 and is projected to grow to USD 1.35 trillion by 2034, with a compound annual growth rate (CAGR) of 5.09%. Mobile wallets and card payments continue to dominate consumer transactions, with approximately AUD 160 billion in mobile wallet payments recorded in the past year alone.
Minh Ha Truong, Head of Growth Asia Pacific at Paymentology, stated that the partnership reflects the growing demand for digital-first payment experiences in Australia. He emphasized that combining global processing capabilities with local expertise will help fintechs scale more confidently in the region.
Jennifer Mateer, Chief Commercial Officer at Change Financial, highlighted the company’s experience in supporting fintech innovation through local sponsorship and program enablement. She noted that the partnership enhances their ability to help clients deliver modern, competitive payment solutions quickly and effectively.
Paymentology operates across more than 50 countries and 14 time zones, offering 24/7 support and a scalable infrastructure designed to support financial innovation and inclusion globally.
About Paymentology
Paymentology is a next-generation issuer processor providing fintechs, digital banks, and financial institutions with integrated platforms to launch and manage payment solutions worldwide. Its technology enables faster deployment, real-time data insights, and scalable growth across global markets.
Paymentology has announced a strategic partnership with Change Financial aimed at accelerating the adoption of next-generation payment solutions across Australia.
The collaboration brings together Paymentology’s cloud-first, real-time processing platform with Change Financial’s local BIN sponsorship, regulatory expertise, and established in-market presence. The combined offering is expected to enable fintech companies, digital banks, and program managers to efficiently launch and scale debit, credit, and prepaid card programs in the Australian market.
Change Financial, a Mastercard Principal Issuer in Australia, provides scheme connectivity and compliance support, creating a streamlined pathway for market entry and expansion. When paired with Paymentology’s multi-cloud infrastructure, the partnership is positioned to simplify operations and reduce time-to-market for payment innovators.
