Novatti Expands Footprint in Education Sector
| Stock | Novatti Group Ltd (NOV.ASX) |
|---|---|
| Release Time | 21 May 2026, 8:16 a.m. |
| Price Sensitive | Yes |
Novatti Expands Education Sector Footprint with Alipay Integration
- Alipay integration launched at UNSW in October 2025
- Exceeded expectations with $33.6m GTV and $0.5m revenue
- Service potentially available to 80% of Australian universities
- Improves payment experience for international students
Novatti Group Limited has successfully integrated Alipay into the University of New South Wales (UNSW) student payments portal, enabling international students to pay tuition and fees using Alipay. Launched in October 2025, the integration has exceeded expectations, generating $33.6 million in Gross Transaction Value (GTV) and $0.5 million in revenue by April 2026. UNSW, with over 70,000 students, including 27,700 international students, is the first Australian university to adopt this service. Novatti's strategy aims to enhance payment experiences for international students, leveraging trusted domestic payment platforms to improve convenience and transparency for families managing international education expenses remotely.
Novatti expects to build on the base for UNSW and other university students, but revenue is contingent on extended service take up.
Novatti plans to expand its education payments strategy, targeting more Australian universities and enhancing payment experiences for international students.