Australian online payments company Ovo Mobile is aiming to open an app in Australia by the end of 2019, the company said.
The company announced the announcement on its website.
“The future of payments is being shaped by mobile and we’ve decided to launch an Ovo-powered mobile payments solution in Australia to help our customers transact online,” Ovo CEO Nick Koehler said.
“We’re launching Ovo Pay in the next few weeks and it’s going to be one of the biggest mobile payments opportunities in Australia.”
The Ovo platform allows Ovo to accept payments from customers anywhere in the world.
Ovo Pay allows consumers to pay for goods or services through an app, and allows them to keep their payments for as long as they like.
Otto said the app would allow for the payment of purchases through Ovo, with a $10 per month fee.
The Australian Government is currently looking into a mobile payments program, with the Department of Foreign Affairs and Trade looking at the possibility of a “bribe card” or other payment system.
Ovi said the company was committed to Australia.
“This is the first step towards opening up the Australian market to Ovo’s payment services and we’re delighted to be working with the Australian Government to accelerate our partnership,” Koehl said.