Volt gets Australian Financial Services Licence from ASIC, adding Australia to its direct regulatory footprint alongside the UK and EU

Volt’s Australian entity, Volt Connect Pty Ltd, has been granted Australian Financial Services Licence (AFSL) number 700107 by the Australian Securities and Investments Commission (ASIC). For merchants and PSPs, the point is simple: Volt can now run account-to-account payment services in Australia under its own licence, instead of relying on a patchwork of permissions.

1. Volt said the AFSL authorises it to provide account-to-account payment services in Australia, covering pay-ins and pay-outs on the New Payments Platform (NPP) to both retail and wholesale clients. The licence is held by Volt Connect Pty Ltd, Volt’s Australian entity.
2. The authorisation completes Volt’s direct regulatory setup across its three core markets. Volt now holds licences in its own name in the United Kingdom as an Electronic Money Institution, in the European Economic Area as a Polish National Payment Institution, and in Australia under AFSL 700107.
3. In Australia, Volt’s platform covers the full real-time payments lifecycle on the NPP: PayTo collections, including one-off, one-click and recurring payments; PayID aliasing for automated reconciliation; instant pay-outs to BSB/account or PayID; and Confirmation of Payee. Volt said these services are accessed through the same API used for its UK and EU markets.
4. Volt named Australian merchants and partners including Primer, Optty, Pepperstone, BetMakers and City Beach. That matters less as a logo parade than as a signal that the company is trying to sell the same A2A stack to both merchants and PSPs across multiple jurisdictions.
5. The company framed the licence as an enabler for instant refunds, claims disbursements, marketplace payments and gig-economy payouts on the same NPP infrastructure. Steffen Vollert, CEO and co-founder, said the AFSL gives Volt the ability to provide global merchants and PSPs a unified A2A experience with pay-ins and pay-outs in Europe, the UK and Australia.

For high-risk operators, the useful part is not the press-release gloss but the infrastructure detail: Volt is now licensed to offer account-to-account flows in three of the more developed real-time payments markets, with Australia joining the UK and the European Economic Area under direct regulatory authorisation.