DataMesh and Visa strike deal to enhance global payment experiences worldwide
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A landmark deal will see Sydney-based DataMesh’s cutting-edge Unify platform integrated with Visa’s digital payment solutions to deliver highly customised, data-driven services to merchants, acquirers, and consumers in retail, hospitality, transportation, and other key industries.
Homegrown payment technology innovator DataMesh Group has teamed up with the global heavyweight, to revolutionise card acceptance and payment processing experiences worldwide.
DataMesh is reinventing the modern payments ecosystem globally.
In a highly regulated payments space, its deal with Visa underscores the credibility of DataMesh’s sophisticated cloud-native infrastructure.
“Teaming up with Visa is a milestone that propels card acceptance solutions forward,” said DataMesh founder and CEO Mark Nagy.
“We’re excited to address the changing needs of merchants and acquirers globally with our innovative solutions.”
Based in Australia, DataMesh delivers advanced, fully integrated payment acceptance solutions and valuable customer insights.
The company is shaking up payment systems with its proprietary EMV-compliant financial switching platform, Unify.
At the core of the deal is Unify’s ability to move beyond one-size-fits-all payment models.
Its fully customisable platform enables businesses to design a unique purchasing experience that works best for their customers.
Businesses can choose the latest payment features and technology to deploy and tailor transaction processes to their precise operational needs, enhancing efficiency and customer satisfaction.
“Our systems are a central hub connecting retailers, payment processors, credit card networks, and other service providers,” Nagy said.
“This connectivity enables more innovative commerce by providing valuable data insights that help businesses boost sales, enhance customer service, and drive better overall results.
“Whether you’re checking out in-store or online, DataMesh’s innovative solutions work behind the scenes to make payments simpler, faster, and more tailored to your preferences as a customer.”
Matt Williamson, vice president and head of acceptance technology partnerships at Visa, emphasised how the partnership would improve the payment experience for both merchants and consumers across the globe.
“Visa is committed to fostering innovative relationships that drive the future of digital payments,” he said.
“Working with DataMesh, we aim to enhance the card acceptance payment experience, making transactions more seamless for merchants and consumers alike.
“This collaboration underscores our dedication to expanding the reach and efficiency of payment acceptance globally.”
DataMesh’s journey started in 2018 with OTR and Peregrine Groups, a formidable client boasting an annual turnover of approximately $3 billion.
Building on this foundational success, DataMesh secured the contract to deliver solutions for the National Australia Bank (NAB).
Momentum continued as it expanded its reach into the banking sector, clinching a deal with Deutsche Bank. This partnership initially targeted 14 countries in the APAC region but has since broadened to include plans for expansion into other international markets.
Further solidifying its market presence, it successfully negotiated contracts with several banks and acquirers, plus deals with retail organisations such as A2B (formerly Cabcharge) and Viva Energy, a significant player in the energy sector with an annual turnover exceeding $10 billion.
With more than 200 organisations as key clients, the significance of the global agreement with Visa not only marks a major milestone in the company’s expansion, but also validates and reinforces its position as an emerging leader in providing cutting-edge technological solutions on a global scale.
What is also significant is that this is all Australian technology being taken to the world.
MELBOURNE, Australia – 15 December 2022: Novatti Group Limited (ASX:NOV) has announced its partnership today with DataMesh Group to integrate its market leading card-present payment solutions with Novatti’s end-to-end merchant acquiring payment ecosystem.
DataMesh CEO Mark Nagy. Picture: supplied
