UQPAY Secures Visa Associate Membership in Australia

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UQPAY has secured Visa Associate Membership in Australia, marking an important milestone in its collaboration with Visa and expansion across Asia-Pacific. The approval provides a…

SYDNEY and SINGAPORE, Nov. 13, 2026 /PRNewswire/ -- UQPAY has secured Visa Associate Membership in Australia, marking an important milestone in its collaboration with Visa and expansion across Asia-Pacific. The approval provides a foundation for extending its card-issuing capabilities in Australia, complementing existing financial services and supporting the evolving needs of businesses operating across borders.

As a major financial and commercial market with a well-established regulatory framework, Australia plays a key role in UQPAY's regional strategy. This milestone represents further progress in the company's development of financial infrastructure connected to international card schemes, creating new opportunities to build on its established local account services.

UQPAY currently offers Unified Money Account (UMA) services in Australia, enabling businesses to manage funds across multiple currencies. For companies operating internationally, effective multi-currency fund management goes beyond holding balances. It also involves currency conversion, supplier payments, and day-to-day expenses, often requiring different methods depending on the transaction and recipient.

Building on its existing account, foreign exchange, and cross-border transfer services, UQPAY plans to introduce additional card payment functionality in Australia. While UMA supports multi-currency fund management and international transfers facilitate business payments, cards would provide another option for spending at participating merchants. Together, these offerings aim to give companies greater flexibility in managing funds and meeting operational needs.

By connecting account-based payment services and card-issuing capabilities, UQPAY aims to deliver a more comprehensive, integrated payment offering that brings financial management and business spending closer together.

UQPAY continues to invest in corporate governance, regulatory compliance, risk management, and system security.

"Australia is…

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