🏆 ShaBaas Pay Wins APAC Best Payment Start-Up Innovation 2025
ShaBaas Pay is an Australian fintech company focused on enabling real time payments for modern businesses. The platform helps organisations accept instant bank payments, improve cash flow visibility and simplify payment operations through modern payment infrastructure designed for the Australian market. Traditional payment systems often introduce settlement delays that can affect how businesses manage working capital.
ShaBaas Pay was created to remove these delays by enabling payments that move instantly between bank accounts. By leveraging Australia’s real time payment infrastructure, ShaBaas Pay allows businesses to receive funds immediately after a transaction is completed rather than waiting several days for settlement.This shift toward instant payment settlement helps businesses operate with greater financial clarity and efficiency.
ShaBaas Pay was founded with a clear objective: to simplify how businesses get paid.Many Australian businesses still rely heavily on traditional card networks or legacy banking processes that introduce settlement delays. These delays can create unnecessary friction for businesses that rely on predictable cash flow.For small and medium sized businesses in particular, waiting multiple days for funds to arrive can impact day to day operations and financial planning.
ShaBaas Pay was built to address this challenge by providing a platform that allows businesses to accept payments that settle instantly into their bank accounts.By enabling real time bank payments, businesses gain immediate confirmation that a payment has been completed and can access their funds without delay.
ShaBaas Pay provides payment infrastructure designed to support modern commerce.
The platform enables businesses and platforms to accept payments through multiple channels including:
1. Hosted checkout pages for online transactions
2. Payment links that can be shared with customers
3. QR based payment requests for in person transactions
4. API integrations for platforms and software providers
These capabilities allow businesses to embed payments directly into their workflows without complex banking integrations.
The platform is suitable for a wide range of use cases including:
1. Invoice payments
2. Online commerce
3. Education and training payments
4. Professional services billing
5. Marketplace settlements
6. Software platform payments
By focusing on real time bank payments, ShaBaas Pay helps businesses reduce transaction costs while improving payment visibility and reconciliation.
Australia is undergoing a significant transformation in how payments are processed.The introduction of real time payment infrastructure has enabled bank transfers to be completed within seconds rather than days. This infrastructure is changing how businesses operate and how financial transactions are managed.
Real time payments provide immediate settlement and instant confirmation, allowing businesses to know exactly when funds have arrived.This capability improves financial planning and reduces the operational complexity associated with delayed payment settlement.ShaBaas Pay is built to help businesses adopt this infrastructure easily without needing to manage complex banking integrations themselves.
Our mission is to make real time payments accessible to every Australian business.Payments should be fast, transparent and predictable. Businesses should be able to access funds immediately after a transaction is completed rather than waiting days for settlement.ShaBaas Pay is focused on removing friction from the payment experience and enabling businesses to operate with real time financial visibility.
Our vision is to build a globally recognised payments platform originating from Australia.As digital commerce continues to evolve, payment systems will increasingly operate in real time. Businesses will expect financial infrastructure that provides instant settlement, accurate reporting and seamless integration into their workflows.ShaBaas Pay is building technology that supports this shift by combining real time payment capabilities with modern developer friendly infrastructure.
ShaBaas Pay has gained early traction as businesses begin adopting real time payment infrastructure.Recent milestones include:
$500,000 total transaction value processed through the platform
$80,000 monthly gross transaction value generated by businesses using ShaBaas Pay
Featured by FinTech Australia as part of the FinTech 5 industry spotlight
Winner of the APAC Best Payment Start up Innovation Award in November 2025
Finalist at the Finnies Awards 2025 in two categories including Excellence in Sustainability and Most Innovative Fintech Product
Oceania Regional Winner at the Global Startup Awards Edition 11 in the Best Fintech Startup category
Partnership with Monoova highlighted within the Australian payments ecosystem
These recognitions reflect the growing demand for faster and more transparent payment infrastructure.
ShaBaas Pay is designed specifically for the Australian payments environment.The platform integrates with local payment infrastructure to enable instant bank payments and reliable payment confirmation.
By building technology that works directly with the Australian payments ecosystem, ShaBaas Pay allows businesses to adopt modern payment capabilities without needing to develop complex integrations with banks or payment networks. This approach allows organisations to focus on their core operations while benefiting from faster and more efficient payment processing.
ShaBaas Pay supports a wide range of businesses and platforms that benefit from faster payment settlement.Typical users include:Professional service providers collecting invoice paymentsEducation and training organisations receiving tuition paymentsOnline businesses accepting ecommerce transactionsSoftware platforms embedding payment functionalityMarketplaces managing payments between buyers and sellersThese organisations benefit from instant payment confirmation and improved financial visibility.
ShaBaas Pay is led by a team with experience across financial services, technology and enterprise software.
Shrikant Prasad
Founder and Chief Executive Officer
https://www.linkedin.com/in/shrikantsprasad/
Varinthorn Kalra
Co Founder and Chief Operating Officer
https://www.linkedin.com/in/varinthorn/
The leadership team combines experience in payments infrastructure, fintech innovation and enterprise technology platforms.
The payments industry is rapidly evolving toward instant, programmable and automated financial infrastructure.Real time payment systems allow businesses to move money instantly, automate financial processes and operate with accurate financial information.
As businesses increasingly adopt digital commerce and automated financial workflows, real time payments will become a fundamental component of modern financial infrastructure.ShaBaas Pay is building technology that helps businesses participate in this future by enabling faster, simpler and more transparent payment operations.
To learn more about how real time payments can benefit your business, explore the ShaBaas Pay platform or contact our team to discuss how the platform can support your payment operations.
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