Pay It Now Secures Australian Financial Services Licence (AFSL)
We’re proud share an important milestone for Pay It Now.
Pay It Now AUS Pty Ltd has officially been granted an Australian Financial Services Licence (AFSL 700050), issued by the Australian Securities and Investments Commission (ASIC), effective 2 April 2026
This licence authorizes us to provide regulated financial services in Australia, including financial product dealings, foreign exchange, and non cash payment services.
What this means
This is a significant step forward in our journey to build a trusted, compliant, and scalable financial platform across Australia and New Zealand.
With this licence in place, Pay It Now is now authorized to:
Provide general financial product advice
Facilitate and operate payment services
Support foreign exchange and multi currency functionality
Deal in financial products on behalf of customers
For our users, merchants, and partners, this reinforces our commitment to operating within a regulated framework while continuing to simplify how people interact with digital assets.
More than just a licence
This milestone represents more than just a licence for us.
The application process took over 18 months and required a significant amount of work behind the scenes. It has helped cement our focus on doing things the right way and reinforces our commitment to operating as a legitimate and trusted player, not just within the crypto space, but across the wider financial sector.
It’s a huge step forward and another important milestone in our journey. And while we’ve now been operating for over four years, this still very much feels like just the beginning for Pay It Now.
Building for the future
While Pay It Now has always focused on making crypto more practical and accessible, this milestone allows us to continue expanding our platform with greater confidence.
It strengthens our ability to:
Deliver real world payment solutions
Support merchants with seamless crypto acceptance
Expand our financial infrastructure across Australia
Build new products that bridge traditional finance and digital assets
A continued focus on compliance and customer experience
As part of holding an AFSL, we are required to meet ongoing regulatory obligations, including compliance, reporting, and customer protection requirements.
While these frameworks are essential, our focus remains the same:
To deliver a simple, reliable, and accessible experience for our users.
Thank you
We’d like to thank our team, partners, shareholders and community for their continued support.
This milestone reflects the work that has gone on behind the scenes and sets the foundation for what comes next!
Important: Please be aware that the information provided here is for educational and informational purposes only and should not be considered as financial or investment advice.
