Bambora
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

  • 2012 Deloitte Asia Pacific Fast 500[11]
  • 2012 Deloitte Australia Fast 50[12]
  • 2011 Deloitte Asia Pacific Fast 500[13]
  • 2011 Deloitte Australia Fast 50[14]
  • 2010 Deloitte Australia Fast 50[15]
  • 2010 Asia Pacific ICT Award (APICTA) - "Most Innovative Financial Industry Application"[16]
  • 2010 iAwards - Financial Industry Application sponsored by KPMG[16]
  • 2009 Deloitte Asia Pacific Fast 500[17]
  • 2008 Listed in MIS Strategic 100[16]
  • 2008 Deloitte Asia Pacific Fast 500 Rank: 128[18]
  • 2008 AIIA National iAward for Innovation across all iAward categories[16]

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. 1 2 "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. 1 2 3 4 "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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