eCommerce merchants set to benefit as Monoova speeds up real-time payments
• PayTo now available at checkout – Monoova has added PayTo to its card-acquiring and PayID plug-in for WooCommerce merchants, enabling customers to make instant, secure payments directly from their bank accounts.
• Fixed-fee model saves merchants money – PayTo’s fixed-fee structure helps merchants reduce costs from percentage-based surcharges, without compromising the checkout experience.
SYDNEY, OCTOBER 3rd, 2025 — Just six weeks after Monoova launched a card-acquiring and PayID payments plugin for eCommerce merchants on the WooCommerce platform, PayTo is now live as a payment method, giving merchants and customers access to instant, secure bank-to-bank payments.
Monoova’s WooCommerce plugin allows merchants to access a range of payment methods, faster settlement times, and fully automated payment reconciliation – delivering a frictionless experience for merchants and their customers.
Monoova’s accelerated development underscores its commitment to enhancing eCommerce capabilities by offering an expanded suite of Australian payment rails, coupled with a fully automated reconciliation solution.
Benefits for merchants include:
• Real-time payments, reconciliation and visibility – every transaction comes with real-time status updates, so merchants instantly know if a payment is processing, completed, or failed. PayID and PayTo payments settle instantly – even on weekends – eliminating manual processing and reducing delays.
• Fraud and chargeback protection – advanced fraud protection helps maximise card-approval rates and minimise chargebacks. This creates a safer online payment environment, reduces disputes, and lowers exposure to fraud.
• Speed to market – in a few easy steps, merchants can access the plugin from the WooCommerce store and select from a wide range of payment methods at checkout. Merchants can track transaction history and manage refunds via an easy-to-use dashboard in the WordPress Admin view. Built on Monoova’s powerful APIs, the plugin delivers fast, secure, and reliable payment processing right out of the box.
CEO and Co-Founder of Monoova, Christian Westerlind Wigstrom says, "With PayTo live and our WooCommerce plugin evolving rapidly, Monoova is committed to giving merchants the tools they need to offer faster, smarter, and more flexible payment experiences. We’re continuing to entrench our position as Australia’s most versatile payments platform, innovating and shaping the future of eCommerce payments."
About Monoova
Monoova is a leading Payment Service Provider (PSP) transforming the way businesses move money in Australia. Its API-driven platform integrates NPP, PayTo, PayID, Direct Debit, BPAY, and cross-border transfers into one seamless solution. By enabling businesses to automate and streamline transactions, enhance security, and transition effortlessly from legacy systems to real-time payments, Monoova empowers clients to scale with confidence and meet the demands of a modern payment landscape. Monoova’s FSG/PDS is available at www.monoova.com/legal
