PayOK is an Australian technology company that assists its clients reduce payment fraud by verifying bank account information. PayOk's secure online solution will instantly confirm the identity, credentials and information of an Australian bank account. PayOK's cloud solution also helps companies to securely onboard their suppliers, allow existing suppliers to edit, change and update their bank account information whilst identifying fraud and reducing risk.PayOK will operate within the ACCC's Consumer Data Rights framework, accessing Open Banking data. PayOK will also enhance its data with access to ASIC's corporate database.

Website: payok.com.au

Employees: 20 - 49

HQ: N/A

Location: Sydney, N/A, AU

Revenue: Not Available

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PayOK is a Sydney-based technology company that specializes in reducing payment fraud for its clients by verifying bank account information. The company's secure online solution confirms the identity, credentials, and information of Australian bank accounts, providing a secure and efficient way for businesses to onboard suppliers and manage their bank account information. PayOK's cloud solution also helps companies to identify and reduce fraud, ensuring that payments are made safely and securely. As a part of its services, PayOK operates within the ACCC's Consumer Data Rights framework and accesses Open Banking data. Additionally, the company enhances its data with access to ASIC's corporate database, providing a comprehensive solution for businesses looking to mitigate payment fraud risks. With a team of experienced executives, including Chief Technology Officer Daniel Ryding and Managing Director Lindy Milne, PayOK is well-positioned to help businesses in the financial services industry streamline their payment processes and reduce the risk of fraud.

PayOK is a company that helps other businesses in Australia make sure their customers' payments are safe and secure. They do this by checking the customer's bank account information to make sure it's correct and legitimate. This helps to prevent fraud and protect both the business and the customer. PayOK uses a secure online system that quickly confirms the identity of the bank account holder and makes sure the information is accurate. They also have a cloud-based solution that allows businesses to safely add new suppliers and update existing suppliers' information. This helps to reduce the risk of fraud and makes it easier for businesses to work with their suppliers. PayOK follows the rules set by the Australian Competition and Consumer Commission (ACCC) and uses data from the Open Banking system. They also work with the Australian Securities and Investments Commission (ASIC) to get access to information about companies. This helps PayOK to provide the most up-to-date and accurate information possible.