Till Payments

What Till Payments does

Till Payments is a Sydney-based payment processing company founded in 2012, operating as a subsidiary of Nuvei (TSX: NVEI) and focused primarily on the Australia and New Zealand market. The company provides a unified commerce payment platform spanning in-person, online, and mobile channels. Its core products are POS terminals (marketed as best-in-class with WiFi and 4G connectivity), the "#1 ANZ Payment Gateway" for digital payments, secure email/SMS payment links with built-in 3DS2, and a merchant portal for unified device, transaction, and reporting management. Supporting capabilities include same-day settlement regardless of banking provider, PCI-DSS compliant transaction data protection, and 24/7 local ANZ customer support.

The underlying technology centers on a payment API supporting 720+ platform integrations and 700+ alternative payment methods, enabling merchants to accept global payment types without switching acquirers. The architecture is designed around unified commerce — a single platform that consolidates unattended, in-person, online, and mobile payment acceptance with near real-time transaction tracking. Till Payments holds PCI-DSS certification as a regulated payment-finance compliance credential.

Till Payments generates revenue primarily through transaction-based processing fees charged to merchants. Its go-to-market combines direct enterprise field sales (consultation forms, dedicated sales team) with channel partnerships (notably a BigCommerce partnership announced July 2024) and POS terminal distribution. The company targets enterprise and mid-market merchants across retail/marketplaces, travel/hospitality, financial services, iGaming, crypto, and digital goods verticals. Named enterprise customers include Virgin Atlantic, Shein, OnBuy, General Motors, Radisson Hotels, Turkish Airlines, and Microsoft. The headcount is reported in the 101–250 band. The company has raised approximately $142M across four disclosed rounds (2019–2023) and acquired Ziosk Integrated Payment Services in January 2022 to extend into hospitality.

Name

Till Payments

Legal name

Till Payments

Website

https://tillpayments.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

101–250 employees

Short description

Till Payments is a Sydney-based payment processing subsidiary of Nuvei providing unified commerce solutions—including POS terminals, payment gateways, payment links, and merchant portals—to enterprise and mid-market merchants across Australia and New Zealand.

Ownership category

akta.pro rank

Product category

Payment Processing

akta.pro primary industry

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)

akta.pro secondary industries

Integrated POS Payments (ISVs & Vertical POS Platforms) (FSAMADAD), Recurring Billing & Subscription Payments Enablement (FSAMACAF), Recurring Billing, Subscriptions & Tokenized Payments (CRAFALAH)

Keywords

• Payment processing
• Payment gateway
• POS terminals
• Merchant services
• Alternative payments

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Payment Processing Services: Transaction-based payment processing fees charged to merchants for accepting digital and in-person payments through the platform

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels2 records

Core offering

Till Payments provides a unified commerce payment platform for merchants in Australia and New Zealand, delivering in-person, online, and mobile payment acceptance through POS terminals, a #1 ANZ payment gateway, payment links, and a unified merchant portal. The platform supports same-day settlement, 720+ platform integrations, and 700+ alternative payment methods, with PCI-DSS compliance and 24/7 local customer support.

Product overview

Till Payments, a subsidiary of Nuvei, operates as a unified commerce payment platform offering a comprehensive suite of payment solutions for the Australia and New Zealand (ANZ) region. The product portfolio centers on the #1 ANZ Payment Gateway and Best-in-class POS Terminals as core offerings, supplemented by Payment Links and a Merchant Portal for add-on functionality. The platform provides same-day settlement, access to 720+ platform integrations, and support for 700+ alternative payment methods. Additional value-added services include the Velocity Points loyalty program. The architecture enables in-person payments, digital payments, and payment links within a single platform with PCI-DSS compliance and 24/7 local customer support.

Differentiator

Problem solved

Functional benefit

Products and services

• POS Terminals Best-in-class point-of-sale terminals with easy installation via local experts, flexible options for every business model, reliable WiFi and 4G connectivity, and same-day funds access. Designed for ANZ merchants needing in-person payment acceptance.
• Payment Gateway #1 ANZ Payment Gateway enabling merchants to accept payments across websites, apps, and platforms with PCI-DSS compliant transaction data protection and a single integration to scale across markets and countries. Supports alternative payment methods including Visa, Mastercard, BNPL, Discover, and WeChat Pay.
• Payment Links Secure email or SMS payment links that accept Visa, Mastercard, BNPL, Discover, and more with built-in 3DS2 for secure buyer verification and white label integration options. Targets merchants needing to collect payments without a full ecommerce integration.
• Merchant Portal Unified management platform for device management, transaction tracking, reporting, and self-service business settings. Provides a unified view of all payment channels with simplified reconciliation and self-service configuration options for merchants.

Quantifiable outcome

• ~10% approval rate uplift for Virgin Atlantic through improved payment flows
• +2 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability1 record

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• BigCommercecoreTechnology or Integration · 31 July 2024Till Payments, a subsidiary of Nuvei, partnered with BigCommerce to provide enhanced payment processing solutions for online and offline merchants. The collaboration offers merchants access to diverse payment options, faster settlement, cost savings, and seamless integration aimed at supporting mid-market and enterprise brands globally.
• WeChat PaycoreTechnology or IntegrationPartnership enabling merchants to accept WeChat Pay, providing access to over 930 million active users for global payment transactions.

Scale indicators5 records

Recent moves3 records

Expansion highlights6 records

Direct peers

• Stripe: Global online payment gateway and processing platform serving merchants of all sizes, including enterprise. Directly comparable to Till Payments' gateway, payment links, and developer/API-first approach across online and omnichannel acceptance.
• Adyen: Unified global payment platform combining gateway, POS, and acquiring for enterprise merchants across multiple verticals. Closely parallels Till Payments' omnichannel, APM-rich, enterprise-focused proposition and operates in the ANZ region.
• Block (Square): Provider of POS hardware, payment processing, and software for sellers, overlapping directly with Till's POS terminal and in-person acceptance offerings as well as its online payment gateway.
• Airwallex: Australia-headquartered global payments and FX platform serving mid-market and enterprise merchants with multi-currency accounts, gateway, and acquiring. Direct ANZ-headquartered competitor to Till Payments with similar cross-border, APM-rich value proposition.
• Windcave: New Zealand-based payment gateway and POS provider serving ANZ merchants with online, in-person, and unattended payment solutions. Direct regional peer to Till Payments across the same product categories and customer base.
• eWAY (Global Payments): Australia-based online payment gateway now owned by Global Payments, serving ANZ merchants with online card processing, recurring billing, and APM support. Direct regional peer to Till Payments' gateway business.
• Pin Payments: Australia-based payment gateway targeting SMBs and mid-market online merchants with card-not-present processing and developer-friendly APIs. Comparable to a subset of Till Payments' gateway offering in the ANZ market.

Broad incumbents

• PayPal: Global incumbent in online payments, BNPL (via Pay in 4), and merchant services with broad APM coverage. Competes with Till Payments across gateway, payment links, and BNPL-enabled checkout, particularly for cross-border merchants.
• Global Payments: Large global merchant acquirer and payment technology provider with strong ANZ presence via eWAY and other brands. Competes broadly with Till Payments across gateway, POS, and acquiring for enterprise merchants.
• Fiserv: Global merchant acquiring and payment technology incumbent (Clover, Carat) with ANZ footprint through prior acquisitions. Overlaps with Till Payments across POS terminals, gateway, and omnichannel commerce for enterprise and mid-market merchants.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds4 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Till Payments