EonX Technologies has signed an agreement with Mastercard Asia Pacific Pte Ltd to support the development of its account-to-account capabilities in Australia.
Pay by Account powered by Mastercard will support local Australian banking and fintech partners in providing a safer, simpler, smarter way to make, receive and manage everyday payments using a bank account. The solution will utilize the country’s new open banking framework combined with Mastercard’s tokenisation, cyber and anti-fraud technology.
President & Group CEO of EonX Technologies Inc. Andrew Kallen said: “We are honored to be expanding on our partnership with Mastercard and are truly excited to work with the team on these game changing capabilities. This solution will redefine the real-time payments landscape whilst offering a high level of consumer confidence with bank transfers as a safe and trusted payment channel”.
Kallen continued: “Kris brings unrivalled experience to the table which will accelerate our technology development and increase our delivery capabilities globally. As EonX continues to secure some major client wins, this is the perfect time to bring in someone of Kris’ calibre to lead and grow the Australian team, whilst I continue to focus on our international market expansion and M&A opportunities”.