PSPs

Providing Payment Platforms Real-Time Australian Payment Capability, Without a Local Banking Build

The Challenge for Payment Service Providers

Entering the Australian payments market is harder than it looks and slower than your merchants can afford.

• Rail access: Connecting to NPP, BECS Direct Entry, and the emerging PayTo framework typically requires direct membership or sponsorship arrangements that take months to establish and carry significant regulatory and compliance overhead
• Correspondent banking dependency: Without local infrastructure, PSPs fall back on correspondent banking, introducing T+2 delays, high per-transaction fees, and fragmented liquidity across pay-in, pay-out, and FX flows
• Merchant and end-user experience: Settlement drag and liquidity fragmentation degrade the merchant and end-user experience at precisely the moment a PSP is trying to establish its local brand
• PayTo and A2A capability gap: Australian merchants and platforms increasingly expect real-time, account-to-account collection via PayTo. PSPs without access to modern A2A rails risk being structurally uncompetitive before they have achieved meaningful local scale

The Flash Payments Solution

• Single API, full Australian rail access: One white-label GraphQL API delivers NPP real-time payments, BECS Direct Entry batch settlement, and PayTo A2A mandate-based collections — no separate banking membership or AFSL required
• Dedicated BSB and Tier-2 rail membership: PSPs are issued a dedicated BSB range as a Tier-2 non-ADI BECS processing member — direct rail access and technical credibility under their own brand
• Virtual accounts at the merchant level: VANs provisioned at the merchant or sub-client level enable automated pay-in reconciliation across high transaction volumes without manual matching
• FX and cross-border disbursement: Flash's proprietary liquidity engine supports competitive AUD conversion and cross-border disbursement to 50+ global destinations, with unified pay-in, pay-out, and FX settlement through a single integration
• Embedded compliance: AML screening, automated IFTI-DRA reporting, and Confirmation of Payee verification are built into the infrastructure layer. Australian regulatory obligations met without building a separate compliance stack

Capabilities Delivered

• PayTo A2A Collections (Modern Mandate-Based Rail): PSPs can offer merchants and platforms real-time, bank-authorised pull payments via Australia's PayTo framework, replacing legacy BECS Direct Debit with a digital, consent-driven collection rail that delivers instant funds confirmation, lower dispute rates, and a significantly improved payer experience
• NPP and Direct Entry Unified Rail Access: Real-time inbound pay-ins via NPP and batch outbound disbursements via Direct Entry are available through a single API integration under the PSP's own dedicated BSB, giving merchants 24/7 collection capability and same-day or instant settlement depending on the rail selected
• Merchant-Level Virtual Accounts with Automated Reconciliation: Each merchant or sub-client on the PSP's platform is provisioned with a unique Virtual Account Number (VAN), enabling fully automated pay-in matching and reconciliation at scale without manual reference code management or operations overhead
• FX Transfers and Last-Mile Cross-Border Disbursement: Flash's FX liquidity engine supports competitive AUD conversion and outbound international transfers to 50+ destinations, allowing PSPs to offer their merchants a unified local and cross-border payment capability, including last-mile settlement into local bank accounts and wallets via domestic rails in the destination market

Business Impact

• Time to market: Partnering with Flash has reduced Australian market entry from an estimated 9–18 months to under 10 weeks — bypassing the need for direct banking memberships or a local AFSL
• PayTo cost savings: Access to PayTo enables PSPs to offer merchants a modern A2A collection rail that eliminates card processing fees entirely for qualifying transaction flows — delivering measurable cost savings for high-volume merchant segments
• Reconciliation: Merchant-level VANs have eliminated reconciliation lag across large pay-in volumes, with automated matching replacing previously manual operations processes
• Merchant cash flow: Real-time NPP settlement has removed T+2 delays from the merchant funding cycle, improving merchant cash flow and reducing settlement risk exposure carried by the PSP
• Simplified commercial stack: Operating across pay-in, pay-out, and FX through a single Flash integration has reduced the number of third-party provider relationships required to operate in Australia, simplifying both the technical and commercial stack for local market operations.