Why choosing a purpose-led payment processor matters
For Australian companies that care, choosing a payment processor shouldn’t just be about fees or integrations, it should also be a strategic decision aligned with their values.
As companies increasingly examine their supply chain for more sustainable options, and with increasing consumer and stakeholder scrutiny, selecting a payment provider that shares your sustainability mission can help you hit those ESG goals and build trust.
Banks Are Still Financing Environmental Harm
In Australia, a large share of the payment processing market is owned by the big banks - estimated by Bloomberg to be 76% of the terminal market.
A landmark Australian Conservation Foundation (ACF) study found 100 cases of deforestation between July 2023 and July 2024 linked to major banks via mortgages. NAB featured most prominently, followed by Rabobank, CommBank, Westpac and Macquarie
Data gathered by Market Forces show that Australia’s biggest banks continue to fund fossil fuels, with ANZ leading the pack with $35 billion committed since 2016, followed closely by CBA, NAB, and Westpac.
These findings reveal that we can’t trust the big banks to lead the movement towards sustainability. They simply won’t act until they are forced to - either by regulations, or by customer or shareholder pressure.
GreenPay: Turning Payments Into A Force For Good.
As Australia’s first payment processor with a commitment to protecting and restoring Australian nature, GreenPay flips the narrative:
50% of profits are donated to environmental organisations turning the tide on environmental degradation, turning everyday transactions into tangible impact.
No ties to deforestation-linked lending, unlike bank-affiliated processors.
Provides purpose-led companies or companies with bold ESG targets with a payments partner that aligns their infrastructure with their mission.
For so long, Australian organisations didn’t have a sustainable option when it came to payment processing. That’s changed now. Which means so should their payments.
86% of Australian consumers believe sustainability is important when choosing products or services. Aligning your payment processing with nature-positive outcomes helps build trust and brand integrity.
For purpose-led companies in Australia, payment processing isn't merely a technical necessity, it’s part of your organisational footprint and supply chain. Whereas traditional processors may indirectly support financed deforestation, GreenPay offers a mission-aligned alternative that embeds sustainability into financial operations.
Choosing GreenPay means every payment made supports conservation, biodiversity, and climate resilience. GreenPay turns your payments into a powerful force for good instead of another profit centre for the big banks.