Integrated Payment Technologies Limited

Integrated Payment Technologies Limited (IP1) invented a process that allows unlimited data about payments to be communicated to the receiver of the payment via the security of the receiver's bank account. The data is accessed by a short form URL (no www or .com.au) displayed in the reference field on their bank statement. The Company's main business activity involves acting as a Clearing House for the payment of superannuation contributions, payroll deductions, salaries and ATO related payments. The Company generates revenue through charging employers facility fees and transaction fees in addition to receiving interest on holding superannuation contributions.