MELBOURNE, Australia, June 18, 2026 /PRNewswire/ -- UQPAY Pty Ltd, the Australian subsidiary of UQPAY Group, is pleased to announce that it has been officially registered as an Australian Financial Services (AFS) Authorised Representative with the Australian Securities and Investments Commission (ASIC), effective 15 April 2026. This achievement marks a pivotal milestone in UQPAY's strategic expansion into the Australian market and underscores the Group's unwavering commitment to regulatory compliance across all jurisdictions in which it operates.
The ASIC AFS Authorised Representative status enables UQPAY Australia to operate within Australia's stringent financial services regulatory framework, providing enterprise clients with the confidence that they are partnering with a fully compliant and regulated payment services provider. This registration is a testament to UQPAY's rigorous internal compliance standards and its dedication to building a trustworthy and transparent financial ecosystem in Australia.
With this registration in place, UQPAY Australia is well-positioned to expand its suite of compliant payment services to local and international businesses operating in Australia. This includes aggregated acquiring solutions that streamline merchant payment acceptance, virtual banking solutions that enable businesses to manage local AUD accounts seamlessly, and corporate card issuance backed by UQPAY Group's principal membership in Visa, Mastercard, and UnionPay International. These offerings are further supported by UQPAY Group's global network spanning over 200 countries and regions, providing clients with a truly integrated cross-border payment experience.