Strategic Payments Services

Strategic Payments Services (SPS) is pleased to announce that MasterCard has increased its stake in SPS to 52.5% and is now the majority shareholder in SPS. Bendigo and Adelaide Bank Ltd will remain a key partner in the Joint Venture (JV), retaining its existing shareholding, with Customers Ltd now a minority shareholder.

About our partners

Bendigo Bank

Bendigo Bank is a customer and community focused bank with more than 1.3 million customers across Australia.
Its products and services are available through more than 500 outlets across Australia. Bendigo has a market capitalisation on the Australian Securities Exchange of nearly $4 billion.

Customers Limited

Customers Limited is an Australian electronic payments systems business that is listed on the Australian Securities Exchange. Customers is a member of the ATM Industry Association and is one of the largest merchant ATM deployers in Australasia. It owns and operates a network of over 5,000 ATMs and is one of the largest ATM fleets in Australia.
Its strategy is to become the leading listed electronic payments system business in Australasia through market aggregation and organic growth.

MasterCard Worldwide

MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes approximately 21 billion transactions each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard®, Maestro® and Cirrus® MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go to www.mastercard.com