How carsales and Monoova Are Revolutionising Car Payments in Australia

March 28, 2025

carsales, Australia’s #1 digital auto marketplace, partnered with Monoova, an Australia owned payments provider to launch their industry leading solution, 'Pay through carsales'. This new feature is transforming how Australians buy and sell vehicles online, making the process safer, simpler, and more efficient.

In this video, Nicholas van den Brink, Head of Product, New Ventures at CAR Group, shares the vision behind the new payments solution, the reasons for choosing Monoova as their preferred payments partner, and the powerful capabilities that are driving real value for customers.

"Monoova are leaders in fast payments and that's a really key capability in creating the customer experience that we're looking for. But one of the features that was really important for us in making the partner decision with Monoova is their Ledger capability..."

Disclaimer: Monoova Payments Pty Limited (ACN 126 015 227 | AR No. 428863) trading as Monoova (Monoova) is the authorised representative of Monoova Global Payments Pty Ltd (ACN 106 249 852 | AFSL 421414) (Monoova Global), being the issuer of the Combined Financial Services Guide & Product Disclosure Statement Non-Cash Payment Products and Services (FSG/PDS). Copies of the FSG/PDS and the terms and conditions of the products and services offered by Monoova and Monoova Global (disclosure documents and terms) are available by contacting Monoova at support@monoova.com. You should consider the relevant disclosure documents and terms before deciding whether to acquire, or continue to hold, the product or service. The information provided on this website is factual information, is given in summary form, and does not purport to be complete. The information set out does not take into account your particular investment objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the information having regard to these matters, and in particular, you should seek independent legal, financial and tax advice. To the extent that the communication/document contains information sourced from third parties, statements made by third parties or provides link to third party websites, Monoova takes no responsibility for the accuracy, currency, reliability and correctness of any information included in the material provided by or statements made by third parties nor for the accuracy, currency, reliability and correctness of links or references to information sources (including internet sites) operated by third parties.

©Monoova

‍

Client Success

Payments

Auto-Reconciliation

Hnry & Monoova Partnership for Success

Click here to read the full article

"Monoova, is one of the most valuable partnerships we have in the Australian market. The Automatcher service has been instrumental to Hnry's success in Australian market through the ability to provision account on demand for seamless customer onboarding experience, as well as unique bank account no and PayIDs, ability to reconcile payments and ability to pay in bound and outbound using both NPP and outbound using BPAY."Karan Anand, Chief Strategy Officer & Managing Director, Australia at Hnry shares how Monoova's API-enabled payment solutions are successfully powering Hnry for growth in the Australian market by providing a seamless payments experience to their customers.

Payments

PayTo

PayID

What are virtual accounts?

Click here to read the full article

A virtual account is a unique account number assigned within a main settlement account. Businesses that have integrated Monoova have virtual account capabilities we refer to as ‘Automatcher’. This is the unique payment destination clients pay their deposits into (either using BSB and account number or PayID). With Automatcher, payments are instantly identified and easy to reconcile because they are matched to a single user.

PayTo

Card Payments

Who are Monoova and what do we do? A Chat with Christian Westerlind Wigstrom

Click here to read the full article

We interviewed our own CEO and Co-Founder of Monoova, Christian Westerlind Wigstrom, on what Monoova does, how we help clients and what's in store for us in the future.

Payments

Awards

Monoova Takes Home Two Wins at the 2025 Finnies Awards

Click here to read the full article

Monoova have won two awards at the 9th Annual Finnies 2025 - Best Innovation in Payments and Excellence in Industry Collaboration & Partnerships. It's the 2nd year in a row that we've won Best Innovation in Payments (previously named Excellence in Payments), a testament to our continous innovation in the payments space and the impact it has across the ecosystem and various industries. Hosted by Fintech Australia, The Finnie Awards celebrate the best of Australian FinTech, recognising the innovation, impact, and achievement of the sector.