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Bambora
Company typePrivate
IndustryFinancial services
FoundedMelbourne, VIC, Australia (2004)
FoundersJamie Collins
Mark Lewis
Anthony Fulton
HeadquartersSydney, NSW, Australia
ParentIngenico
Websitewww.bambora.com

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]

History

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]

Services

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]

Awards and mentions

See also

References

  1. ^ "IP Payments > Solutions". Archived from the original on 25 April 2012. Retrieved 12 April 2012.
  2. ^ "IP Payments again makes Deloitte Fast 50". Retrieved 12 April 2012.
  3. ^ "Swedish payments group expands through acquisition in Asia". nordiccapital.com. Nordic Capital. 7 August 2015. Retrieved 29 August 2022.
  4. ^ a b "Visa's Merchant Levels". Retrieved 12 April 2012.
  5. ^ "Acquisitions by Bambora". tracxn.com. Tracxn Technologies. 9 July 2022. Retrieved 29 August 2022.
  6. ^ Tsnompilantze, Maria (12 September 2022). "Trustly's Johan Tjärnberg to focus on the shift towards open banking during his keynote at SBC Summit Barcelona". SBCNEWS. Sports Betting Community. Retrieved 4 October 2022.
  7. ^ Espinoza, Javier (20 July 2017). "Ingenico buys Swedish payments group Bambora for €1.5bn". ft.com. Financial Times. Retrieved 29 August 2022.
  8. ^ Manikandan, Aswin (5 November 2020). "Worldline, Ingenico merger to aid combined entity's foray into new businesses in India". The Economic Times. Bennett, Coleman & Co. Ltd. Retrieved 29 August 2022.
  9. ^ "Ensuring credit card compliance - Government News: Government News and Issues". Government News. 18 February 2011. Archived from the original on 31 March 2012. Retrieved 25 February 2012.
  10. ^ "Australia's credit card security problem". IP Payments. 9 November 2012. Retrieved 12 December 2012.
  11. ^ "Technology Fast500 Asia Pacific 2012 Winners Report and Ranking" (PDF). Retrieved 11 August 2012.
  12. ^ "Technology Fast50 Australia 2012 Winners Report and Ranking". Archived from the original (PDF) on 9 March 2013. Retrieved 11 August 2012.
  13. ^ "Technology Fast500 Asia Pacific 2011 Winners Report and Ranking" (PDF). Retrieved 11 August 2012.
  14. ^ "Deloitte Technology Fast 50 Australia 2011" (PDF). Archived from the original (PDF) on 17 September 2012. Retrieved 11 August 2012.
  15. ^ "Deloitte Technology Fast 50 Australia 2010" (PDF). Retrieved 11 August 2012.
  16. ^ a b c d "IP Payments > Company> Awards". Archived from the original on 25 April 2012. Retrieved 12 April 2012.
  17. ^ "Deloitte Technology Fast 500 Asia Pacific 2009 Ranking and CEO Survey" (PDF). Archived from the original (PDF) on 5 March 2012. Retrieved 11 August 2012.
  18. ^ "Deloitte Technology Fast 500 Asia Pacific 2008 Ranking and CEO Survey" (PDF). Archived from the original (PDF) on 2 April 2012. Retrieved 11 August 2012.
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