International

i2c And Australia Post Pair Up On Digital Payments

i2c and Australia Post — a  delivery, logistics, retail and eCommerce business — have announced plans to expand and modernize their digital payments offerings.

Going forward, i2c’s Agile Processing platform will allow Australia Post to roll out advanced digital functionality and smoother, more streamlined payment experiences.

Australia Post offers payment cards through most of its extended network of more than 4000 retail stores, as well as online channels.

With i2c as their payment processing platform, Australia Post will deliver expanded service offerings, as well as using i2c’s platform to enhance cardholder engagement and communications.

“Australians trust Australia Post to connect them with people and businesses around the world. We continue to evolve our business to meet the changing demands of our customers, and investing in innovative mobile and digital technologies is an important part of this future,” said Deanne Keetelaar, General Manager Financial Services, Australia Post.

i2c founder and CEO Amir Wain echoed that sentiment fully, and noted why the firms were a good fit.

“We are honored to be part of Australia Post’s strategy to deliver truly innovative and compelling financial services products that meet the growing needs of their customers. As letter volumes decline, postal services around the world are looking to transform their value proposition with new digital capabilities, products, and channels to capture growth in financial services, payments, eCommerce, and other trusted services. Offering a modern portfolio of financial services is a critical part of this transformation and we are well positioned to help our clients take advantage of this significant market opportunity.”

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Latest Insights: 

Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. The July 2019 Pay Advances: The Gig Economy’s New Normal, a PYMNTS and Mastercard collaboration, examines pay advances – full or partial payments received before an ad hoc job is completed – including how gig workers currently use them and their potential for future adoption.

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