Behind the Transaction: The Engine Powering Australia’s Payment Future

In the time it takes to buy your morning coffee, over 1,500 invisible transactions have already silently pulsed across Australia. Each one representing a meal purchased, a bill paid, or a business deal closed.

This invisible network is the heartbeat of our economy, powering everything from everyday payments at the checkout to multi-million-dollar business deals. Yet few stop to think about the sophisticated technology behind it all.

From Cash to Code: The Seismic Shift in How We Pay

Not so long ago, cash was king, cheques were more common, and digital wallets were science fiction. Today, we’re living in a payment revolution that’s transforming how business gets done.

From tap-and-go to PayIDs and digital wallets, we’ve shifted from physical to digital, from delayed to real-time, and from passive transactions to dynamic customer experiences. This isn’t just evolution—it’s a complete reinvention of how money moves.

Rethinking Payments: Your Untapped Business Advantage

For today’s businesses, payments aren’t just a necessity—they’re a strategic advantage. They’re how innovative companies:

• Deepen loyalty and lifetime value.
• Streamline operations and scale efficiently.
• Unlock insights through data.
• Deliver better customer outcomes, faster.

Businesses like yours are behind some of the most cutting-edge payment experiences used today. And who is powering those experiences? We are.

Powering $450B+ in Payments Per Year: The Cuscal Story

Since 1966, we’ve been the invisible force redefining payments in Australia. We’ve helped Australian businesses unlock the opportunity of each new wave of innovation, from launching Australia’s first ATM enabling secure, compliant data exchange.

Today, we’re tackling the big challenges: advancing open banking, fighting sophisticated fraud, and building tomorrow’s payment infrastructure.

Outside of the major banks, we’re the largest centralised provider of payment infrastructure connectivity in the Australian payments industry. We combine:

• The licensing, capital strength, and regulatory credibility of an ADI,
• The agility and innovation of a fintech,
• A history of disciplined disruption, and
• The resilience and security of a trusted, long-term partner.

We’re transforming the future of how money moves and how Australia does business.

Cuscal’s Impact in Numbers

Since our inception, we’ve partnered with forward-thinking businesses.

Payments aren’t one-size-fits-all. We collaborate with financial institutions, fintechs, and corporates — from superannuation funds and insurers to loyalty program providers — to enhance their customer experience through payments, working with them to deliver tailored solutions to meet their unique needs.

What’s Next: The Future of Digital Payments

The payment landscape continues to evolve at breakneck speed. From blockchain to biometrics, from embedded finance to invisible payments—the next wave of innovation is already here.

By delivering faster, safer, and smarter payment experiences, we’re transforming how money moves, supporting competition, and powering Australia’s progress—one transaction at a time.

Whether you’re a bank expanding its offering, a fintech scaling new products or any enterprise- sized business that’s powered by the ability to take and make payments, we’re your partner for what’s next.

Important Information: Information in this article is current as at 27 August 2025 and is subject to change. This article is provided for general information purposes only and does not have regard to the situation or needs of any reader and must not be relied upon as advice. Before acting on this information, consider its appropriateness to your business Cuscal Limited ABN 95 087 822 455.