Australia Post streamlines with SecurePay sale

Australia Post has announced the sale of its online payment service SecurePay to digital payments provider Fat Zebra, as it continues to streamline its business to cut costs and drive growth as part of its transformation strategy.

SecurePay was acquired by Australia Post in 2010 and has been a pioneer in the Australian online payments sector, processing transactions and all-in-one payments for more than 35,000 businesses. 

Australia Post decided to sell the business following a detailed review. An extended handover period will ensure a smooth transition for merchants and customers, Australia Post noted.

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