InPayTech Limited gains Hong Kong patent approval

InPayTech Limited gains Hong Kong patent approval

December 21, 2016

Integrated Payment Technologies Limited (InPayTech – ASX Code: IP1) has received approval for its patented payments process in Hong Kong.

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Integrated Payment Technologies Limited (InPayTech – ASX Code: IP1) has received approval for its patented payments process in Hong Kong.

InPayTech has also patented its unique payments process in other Asian countries namely Japan and mainland China. Patents are pending in Singapore.

In the western world, patents are approved in South Africa and New Zealand and pending in the United States of America, Canada, and Australia.

InPayTech is an Australian financial technology company that has created a unique payments process in support of Australia’s banking, wealth management and superannuation sectors.

InPayTech will capitalise on Government regulation to enhance its business in:

  • Superannuation, via the Single Touch Payroll (STP) initiative of the Australian Taxation Office;
  • Banking, providing overlay services for the Reserve Bank’s New Payment Platform (NPP) initiative; and
  • Business payments, participating in the eInvoice initiative of The Digital Business Council.


  • Wednesday, 21 December, 2016 – Australian Fintech

    InPayTech appoints new CEO

    06:05 PM - Aug 13, 2019

    Integrated Payment Technologies Limited (InPayTech) has appointed Dean Martin as chief executive officer (CEO), succeeding Robin Beauchamp who has stepped down and will become chief technology officer (CTO).

    Aussie fintech names new chief

    02:10 PM - Aug 12, 2019

    InPayTech has promoted internally to make Dean Martin their new chief executive, the company has announced.

    InPayTech (Integrated Payment Technologies Ltd) Announce Appointment of new CEO

    02:06 PM - Aug 12, 2019

    Integrated Payment Technologies Limited (ASX: IP1) (InPayTech or the Company) announces that it has appointed Mr Dean Martin to the role of Chief Executive Officer (CEO) effective immediately.

    Is your employee data at risk of being exposed?

    09:27 AM - Jul 24, 2019

    In the age of “big data”, organisations have the opportunity to harness the power of information, but also the obligation to protect what data they have in the face of constant threats. This is true for businesses of all sizes since even the smallest business cannot operate without generating data on its employees, suppliers and customers.

    InPayTech picks up timely certification alongside internal strategic review

    01:16 PM - Jul 18, 2019

    Integrated Payment Technologies (ASX: IP1) has provided some added impetus to its overall performance as the company undergoes a significant strategic review.

    Data security

    09:45 AM - Jun 11, 2019

    In the age of ‘big data,’ organisations have the opportunity to harness the power of information, but also the obligation to protect what data they have in the face of constant threats.

    InPayTech announces corporate update and strategic review

    03:21 PM - Feb 11, 2019

    The Board of Integrated Payment Technologies Limited(Company) (ASX: IP1) has recently conducted a strategic review of the Company’s product development, business focus and financial and human resources.

    Patent imminent for prominent fintech

    01:56 PM - Nov 11, 2018

    A prominent payment fintech is expected to be granted a US patent by as early as next year – its seventh patent across the globe.

    InPayTech: Notice of Allowance for US Patent Application

    09:48 AM - Nov 08, 2018

    Integrated Payment Technologies Limited (InPayTech) (ASX:IP1) has been issued a Notice of Allowance by the US Patent Office for its US patent application of its Payment Adviser process. The US patent is expected to be granted by early 2019 in the name of its subsidiary company Jagwood Pty Ltd.

    Fintech introduces STP product

    01:54 PM - Sep 03, 2018

    Fintech introduces STP product. ClickSuper STP is a product enabling employers to meet single touch payroll obligations by processing their STP data files via the ClickSuper website and then directly to the ATO.

    Fintech introduces STP product

    02:04 PM - Aug 31, 2018

    A fintech has met the Australian Taxation Office single touch payroll requirements and launched its latest product. ClickSuper STP is a product enabling employers to meet single touch payroll obligations by processing their STP data files via the ClickSuper website and then directly to the ATO.

    Single Touch Payroll now available for ClickSuper customers

    10:59 AM - Aug 31, 2018

    Clearing house provider ClickSuper has successfully completed all ATO single touch payroll (STP) requirements and launched ClickSuper STP. ClickSuper STP enables employers’ to simply meet their STP obligations by processing their STP data files via the ClickSuper site directly to the ATO.

    Seamless payroll payments technology set to be a gamechanger for Aussie bookkeepers

    09:45 AM - Mar 26, 2018

    Revealed at the Accounting Business Expo in Sydney last week, PayVu, a digital payments initiative, has opened a new secure service for bookkeepers and accountants who struggle with periodical payments – like bills and salaries – on behalf of small business clients.

    NPP to help make tax time less frantic for SMEs

    01:54 PM - Jun 23, 2017

    With the traditional 30 June tax period ramping up, Australia’s tireless army of bookkeepers servicing SMEs and other clients are looking out for new ways to improve and streamline their core payments (and data capture) processes. The New Payments Platform (NPP) – being introduced voluntarily from 1 July – will help to accelerate payments. The NPP will also feature several overlay services or software solutions that will introduce more user-friendly payment methods.

    Calls for legislative change in wake of tax fraud scandal

    10:06 AM - May 26, 2017

    Adding to the concerns of a mid-tier earlier this week following the recent $165 million tax scandal, one payments facilitator has pointed to the risks of relying on third-party payroll companies.

    Hands off the money! How technology can stop the next payroll fraud

    10:03 AM - May 26, 2017

    The alleged $165 million Plutus payroll scandal could have been avoided if automated payments technology was used by employers to make taxation payments directly to the Australian Taxation Office (ATO) rather than relying on a third-party payroll company, Plutus, to make payments on their behalf, which opened the opportunity for fraud.

    How automated technology can prevent a payroll fraud

    09:59 AM - May 26, 2017

    In light of the massive scandal surrounding Plutus Payroll’s alleged $165 million fraud, Don Sharp, executive chairman, Integrated Payment Technologies (InPayTech), gives his perspective on how certain technology could’ve prevented the fraud.

    Hands off the money! How technology can stop the next payroll fraud

    02:06 PM -

    The alleged $165 million Plutus payroll scandal could have been avoided if automated payments technology was used by employers to make taxation payments directly to the Australian Taxation Office (ATO) rather than relying on a third-party payroll company, Plutus, to make payments on their behalf, which opened the opportunity for fraud.

    Member direct payments deliver the model to end super wage theft

    10:04 AM - May 03, 2017

    Yesterday’s report by the Senate Economics References Committee into the non-payment of Superannuation Guarantee (SG) – highlighting employers are not paying billions of dollars’ worth of super – requires an immediate fix and fresh solutions.

    Employer direct payments deliver the model to assist in reducing superannuation wage theft in Australia

    11:00 AM - May 03, 2017

    Yesterday’s report by the Senate Economics References Committee into the non-payment of Superannuation Guarantee (SG) – highlighting employers are not paying billions of dollars’ worth of super – requires an immediate fix and fresh solutions.

    The end of the superannuation clearing house for SMEs?

    11:55 AM - Apr 12, 2017

    Australian superannuation funds and SME employers must move to embrace a digital, member-direct model of contributions payment technology that is gathering pace alongside the 2017 introduction of the Reserve Bank of Australia’s New Payments Platform (NPP).

    Clearing houses to be cleared out?

    12:37 PM - Apr 11, 2017

    Australia’s small-to-medium enterprises (SMEs) are embracing digital change with the introduction of the Reserve Bank of Australia’s (RBA) New Payments Platform (NPP), rendering superannuation clearing houses obsolete.

    End of the superannuation clearing house for SMEs?

    09:20 AM - Apr 11, 2017

    Australian superannuation funds and SME employers must move to embrace a digital, member direct model of contributions payment technology that is gathering pace alongside the 2017 introduction of the Reserve Bank of Australia’s New Payments Platform (NPP).

    End of the superannuation clearing house for SMEs?

    03:01 PM - Apr 10, 2017

    Australian superannuation funds and SME employers must move to embrace a digital, member direct model of contributions payment technology that is gathering pace alongside the 2017 introduction of the Reserve Bank of Australia’s New Payments Platform (NPP).

    Mergers and More

    InPayTech considers M&A in Australia and overseas; welcomes accounting advisors

    09:53 AM - Feb 16, 2017

    Integrated Payment Technologies (InPayTech) [ASX:IP1], the Australia-based financial and technology company, is considering Australian and overseas growth through mergers and acquisitions after its December debut on the Australia Securities Exchange (ASX), CEO Robin Beauchamp said.

    New system eliminates superannuation clearing house requirements for SME owners

    11:03 AM - Jan 30, 2017

    Australian small businesses operating cloud-based accounting software can benefit from a unique software overlay system called PayVu that speeds up superannuation payments to the same day

    PayVu eliminates superannuation clearing house requirements for Australian small business owners

    08:33 AM - Jan 27, 2017

    PayVu eliminates superannuation clearing house requirements for Australian small business owners

    PayVu eliminates superannuation clearing house requirements for Australian small business owners

    01:14 PM - Jan 26, 2017

    Australian small businesses operating cloud-based accounting software can benefit from a unique software overlay system called PayVu that speeds up superannuation payments to the same day, and eliminates the current inefficiencies of employers needing to deal with third party clearing agencies.

    InPayTech combats slow super payments

    11:13 AM - Jan 24, 2017

    Third party clearing agencies could be a thing of the past with a fintech company InPayTech’s launch of new technology for same-day superannuation payments.

    InPayTech combats slow super payments

    11:28 AM - Jan 24, 2017

    InPayTech has launched a superannuation payment system, PayVu, that allows small-to-medium (SME) businesses to make same-day super payments to employees, bypassing third-party clearing houses.

    PayVu eliminates superannuation clearing house requirements for Australian small business owners

    11:25 AM - Jan 24, 2017

    Australian small businesses operating cloud-based accounting software can benefit from a unique software overlay system called PayVu that speeds up superannuation payments to the same day, and eliminates the current inefficiencies of employers needing to deal with third party clearing agencies.

    Clearing houses disrupted with same-day super software

    08:48 AM - Jan 24, 2017

    Newly listed fintech company InPayTech has unveiled a new system that speeds up employers’ superannuation payments, potentially allowing small businesses to bypass third-party clearing houses such as Westpac.

    Integrated Payment Technologies to speed up superannuation payments

    03:49 PM - Jan 23, 2017

    Integrated Payment Technologies (ASX:IP1) (InPayTech) has developed a unique software overlay system called PayVu that speeds up superannuation payments to the same day.

    InPayTech acquires patent in Singapore

    08:15 AM - Jan 16, 2017

    InPayTech has already acquired patents in several Asian countries including China, Japan and Hong Kong, with Singapore marking the last of the patents the company applied for in Asian markets.

    Singapore completes patent approval in ASIA region for InPayTech

    10:08 AM - Jan 12, 2017

    Integrated Payment Technologies Limited (InPayTech) has received patent approval for its unique payments process in Singapore.

    InPayTech receives patent approval in Singapore

    11:23 AM - Jan 12, 2017

    InPayTech (ASX:IP1) has received patent approval for its unique payments system in Singapore.

    Integrated Payment Technologies gains patent approval in Hong Kong

    09:24 AM - Dec 22, 2016

    Integrated Payment Technologies’ (ASX:IP1) (InPayTech) shares are trading higher after receiving approval for its patented payments process in Hong Kong.

    Hong Kong patent approved for InPayTech Limited

    05:46 PM - Dec 21, 2016

    Integrated Payment Technologies Limited (InPayTech – ASX Code: IP1) has received approval for its patented payments process in Hong Kong and has also patented its unique payments process in other Asian countries namely Japan and mainland China. Patents are pending in Singapore.

    Integrated Payment Technologies lists on ASX; launches new technology

    09:00 AM - Dec 19, 2016

    Newly listed Integrated Payment Technologies (ASX:IP1) (InPayTech) has launched a digital initiative aimed at streamlining the settlement of all electronic payments to just one day.

    How PayVu will slash payment clearing time

    03:40 PM - Dec 14, 2016

    A new service expects to reduce payment settlement times from the traditional three days to just one.

    InPayTech launches faster payment service

    11:17 AM - Dec 12, 2016

    Payment software company InPayTech has launched a new digital service aimed at speeding up the settlement process for electronic payments.

    InPayTech Limited to scale back investor allocations following heavy over subscription to its Initial Public Offer

    10:07 AM - Nov 18, 2016

    Integrated Payment Technologies Limited (InPayTech) will scale back allocations of stock to certain investors following a heavy over-subscription to its Initial Public Offer (IPO) which closed on 18 November.

    InPayTech to help SMEs dramatically improve cashflow cycle via its new PayVu technology

    11:59 AM - Dec 06, 2016

    Integrated Payment Technologies Limited (InPayTech) has launched a new digital initiative aimed at streamlining the settlement of all electronic payments to just one day.

    InPayTech Limited Initial Public Offer closed to Institutional subscribers

    09:46 AM - Nov 16, 2016

    Retail investors have access to Offer until Friday November 18, 2016

    InPayTech Limited Initial Public Offer to close this Friday 18 November 2016

    08:01 AM - Nov 15, 2016

    Integrated Payment Technologies Limited (InPayTech) will close its Initial Public Offer (IPO) at 5:00pm this Friday, November 18, 2016.

    InPayTech Limited Initial Public Offer achieves minimum subscription

    09:20 AM - Nov 07, 2016

    Integrated Payment Technologies Limited (InPayTech) has surpassed its minimum subscription target of $3,000,000 after week two of its Initial Public Offer (IPO) opening.

    InPayTech Limited Initial Public Offer opens today

    11:06 AM - Oct 02, 2016

    Integrated Payment Technologies Limited (InPayTech) has today formally opened its Initial Public Offer (IPO).

    Real-time bank transfers coming by 2017, says RBA

    08:23 AM - Oct 13, 2016

    The “new payments platform” (NPP), which will allow bank customers to transfer funds in real-time by using just a phone number or email address, is on track to launch in late 2017, the Reserve Bank of Australia said on Thursday.

    InPayTech to list on ASX

    01:36 PM - Oct 07, 2016

    Australian payment software provider InPayTech has lodged a prospectus with ASIC and intends to list on the ASX, with its initial public offer due to open later this month.

    InPayTech plots capital raise and ASX IPO as real-time payments take off

    07:23 AM - Apr 26, 2016

    The former chairman of fund manager Investors Mutual, Don Sharp, is plotting a $4 million capital raising and ASX listing for his latest venture InPayTech, which operates in the lucrative payment systems industry.

    InPayTech Announces Plans To Raise Up To $5 Million

    11:26 AM - Oct 06, 2016

    Integrated Payment Technologies Limited (InPayTech) says it plans to raise up to $5 Million including over subscriptions, and list on the Australian Securities Exchange (ASX).

    Benefits Seen All Round From ATO Payment Initiative

    03:12 PM - Sep 04, 2016

    The ATO initiative to create “real time” payroll data and superannuation payment efficiency is good government policy that will have positive repercussions for small businesses and the payroll industry, says InPayTech chairman Don Sharp.

    Financial software: Pave the cowpaths

    11:54 AM - Aug 23, 2016

    Forget blue-sky innovation, focus on improving current financial practices…

    Regulation is not such a dirty word

    06:27 PM - Aug 21, 2016

    Is Australia’s fintech startup community too regulated? Or is regulation a good thing? It depends on who you listen to.

    RegTech tops FinTech for innovation opportunities

    06:30 PM - Aug 19, 2016

    The ‘RegTech’ market — technology driven by new government regulation — provides greater opportunity for IT start-ups than FinTech and other digital disruptor markets, according to senior banking figure Don Sharp.

    ATO Single Touch Payroll a looming efficiency boon to business and payroll, superannuation sectors

    09:13 PM - Aug 04, 2016

    The Australian Taxation Office’s (ATO) initiative to create ‘real time’ payroll data and superannuation payment efficiency is good Government policy that will have positive repercussions for small business and the payroll industry, according to InPayTech company chairman Don Sharp.

    Industry innovation is not coming from within: Sharp

    03:56 PM - Jul 20, 2016

    InPayTech executive chairman and financial services stalwart Don Sharp is calling out regulatory challenges faced by Australian fintechs and is encouraging the federal government to take a long term view on disruptive industry legislation.

    Regulation more disruptive to financial services sector than digital innovation: industry stalwart

    12:04 PM - Jul 19, 2016

    Government regulation imposed on Australia’s banking, wealth management and superannuation sector has greater power to disrupt the industry than organic innovation, according to senior industry figure and company chairman Don Sharp.

    Regulation bigger disruptor than innovation

    09:01 PM - Jul 19, 2016

    Regulations imposed on Australia’s wealth management, banking, and superannuation sectors have greater power to disrupt the industry than innovation, a senior industry figure said.

    Regulation more disruptive to financial services sector than digital innovation: industry stalwart

    05:43 PM - Jul 19, 2016

    Government regulation imposed on Australia’s banking, wealth management and superannuation sector has greater power to disrupt the industry than organic innovation, according to senior industry figure and company chairman Don Sharp.

    Industry innovation is not coming from within: Sharp

    03:18 PM - Jul 19, 2016

    InPayTech executive chairman and financial services stalwart Don Sharp is calling out regulatory challenges faced by Australian fintechs and is encouraging the federal government to take a long-term view on disruptive industry legislation.

    Regulation making it ‘impossible’ to innovate: Sharp

    02:45 PM - Jul 19, 2016

    Constant changes to legislation imposed by the government are making it hard for the financial services industry to innovate, argues Managed Accounts Holdings executive chairman, Don Sharp.

    Regulation bigger disruptor than innovation

    12:14 PM - Jul 19, 2016

    Regulations imposed on Australia’s wealth management, banking, and superannuation sectors have greater power to disrupt the industry than innovation, a senior industry figure said.