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Company type | Private |
---|---|
Industry | Financial services |
Founded | Melbourne, VIC, Australia (2004) |
Founders | Jamie Collins Mark Lewis Anthony Fulton |
Headquarters | Sydney, NSW, Australia |
Parent | Ingenico |
Website |
www |
Bambora, formerly IP Payments, is a
PCI Level 1 compliant
financial services organisation that provides payments, accounts receivable automation and
PCI DSS compliance solutions.
[1] IP Payments operates in
Australia,
New Zealand and the
United Kingdom.
IP Payments is listed on the Asia Pacific
Deloitte Fast 500.
[2]
IP Payments was founded in 2004 [3] by Jamie Collins, Mark Lewis and Anthony Fulton. The company provides customised accounts receivable, payments and PCI DSS compliance solutions. The company services over 3500 enterprises including global organisations. [4]
In August 2015, IP Payments was acquired by Swedish payments group Bambora, [5] which had been founded by Johan Tjärnberg the previous year. [6] Two years later, Bambora was acquired by Ingenico Group of France, [7] which subsequently merged with Worldline in late 2020. [8]
Bambora offers services which customise and automate existing account receivables operations, including third-party software the client might use, as well as merchant level 1 PCI DSS compliance solutions and payment gateways to clients who process credit card transactions. [4]
Bambora services include multiple payment methods (credit card, charge card, direct debit, direct credit, BPay and Over-the-Counter) across multiple payment channels ( Internet, mobile, PS3, call centre, batch and recurring) utilising multiple payment types (purchase, refund, pre-auth and completion). [9]
In September 2012, Bambora (then IP Payments) released a study of PCI compliance in Australia [10]