Money Remitters

Payments Businesses

PSPs, MTOs & FX dealers

Do you need assistance establishing and maintaining a payments business in Australia?  We act for:

  • Payments service providers (PSPs)
  • Money Remitters and money transfer organisations (MTOs)
  • Phone-based group payments application providers (FinTechs)
  • Acquirers – banks acquirers and acquirers of stored value in ewallets
  • Payment Gateway providers

How we can help

Ongoing legal services
ASIC AFS Licence applications
AUSTRAC registration assistance, including registration on the Remittance Sector Register
Ongoing regulatory updates
Ongoing training
Attendance at Compliance Committee meetings (usually monthly or quarterly)

Checklist to help Money Remitters, Money Transfer Operators and Payment Services

This 1-page checklist highlights key regulatory and legal issues to consider when setting up in Australia.

The Payments Compliance Forum

Because we act for so many participants in the payments industry, we run online compliance forums for FX & remittance businesses.  Sign up for free to the HN Hub to be notified of our next forum or contact us to find out more.

Blockchain and crypto asset-powered payment services

Our lawyers have deep expertise advising payment businesses on legal issues relating to crypto assets and blockchain-based payment facilities.  Our history of acting for many of the world’s leading payment fintech businesses has helped us advise new crypto-based payments businesses.  We can help establish terms governing fiat and crypto stores of value, as well as integrating traditional fiat rails with stablecoin and other crypto payment methods.

Payments Businesses

Our latest updates for Payments Businesses

WEBINAR: Breach Reporting
WEBINAR: Breach Reporting

Identifying and reporting common incidents and breaches
In this highly practical webinar, we’ll take you step-by-step through the Incident and Breach reporting process using some common situations that we’ve come across.

Responsible Manager Training
Responsible Manager Training

Our half-day workshop has been designed to provide Responsible Managers and compliance staff with an overview of the role of the Responsible Manager and how they fit within the broader regulatory framework.

Recent Insight
Recent Insight
How to be a Responsible Manager – Competence & Responsibilities

The Responsible Manager (RM) is one of the most important positions that an Australian Financial Services (AFS) Licensee has to maintain.  They are the person (or, more likely, persons) who…