Australian real time payments infrastructure provider ShaBaas Pay has been featured by FinTech Australia after surpassing $80,000 in monthly gross transaction value.
The milestone reflects growing demand from Australian businesses for faster settlement improved cashflow visibility and real time access to funds.
Built on Australia's New Payments Platform ShaBaas Pay enables businesses platforms and marketplaces to accept instant bank to bank payments using PayID and secure request to pay capabilities.
The platform helps organisations reduce settlement delays improve working capital efficiency and operate with real time cashflow visibility.
ShaBaas Pay is an Australian real time payments infrastructure platform built for businesses platforms and marketplaces that need faster settlement and improved cashflow visibility. The platform enables instant bank to bank payments through Australia's New Payments Platform including PayID and secure request to pay capabilities. ShaBaas Pay currently processes more than $80,000 in monthly transaction volume.