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Posted by stevesbookshop on 26-Sep-2009 09:03 Report
PayMate moves to the US of A
 
For all those people who recommend using PayMate, an Australian company:
 
Australian online-payment service Paymate appointed Garrett Gafke as its new Chief Executive Officer, succeeding Dilip Rao, who will remain President of the company. Originally founded in Australia in 2000, Paymate's new global headquarters will move to California where Mr. Gafke is also based.

http://www.auctionbytes.com/cab/abn/y09/m09/i25/s03

The Company

Paymate Global Inc. is a US company registered in the State of Delaware with offices in Woodside, CA and Sydney, Australia.  We provide information, risk and financial management services tailored for global e-commerce.

http://www.paymate.com/cms/index.php/about-us

At least PayMate still have an Australian Financial Services Licence.
 
Replied by happyinoz on 26-Sep-2009 09:21 (Ref 1927204) Report
It will be interesting to see if GST will continue to be collected from Paymate fees unlike Paypal fees.

Aside from many members dislike of Paypal because it's owned by *bay, many feel that GST should be collected from the fees collected from Australian payments and paid to the Australian government.
Replied by most-gorgeous-nutter on 26-Sep-2009 09:45 (Ref 1927247) Report
Does that happen in B&M stores.
Replied by stevesbookshop on 26-Sep-2009 10:21 (Ref 1927282) Report
 
The man from eBay has been talking about divesting PayPal as well as Skype, not being "core business".

Steve
 
Replied by born2shoppe on 26-Sep-2009 11:42 (Ref 1927342) Report

I think they will continue to pay GST as they are already a GST registered business in Australia. Like steve said at least they have an AFS licence.

Even though the company was founded here, I think it was probably always their intention to go global with it... so can't say I'm suprised they have set up shop in other countries.
Replied by nefer_sold on 26-Sep-2009 11:53 (Ref 1927349) Report
All I can say is good on them.  They will now be able to increase their exposure globally and give PP a run for their money.  They are also now a legitimate and acceptable payment method on *bay.com so maybe one day soon the same will happen on *bay.com.au.
Replied by NightWatchmen on 26-Sep-2009 12:48 (Ref 1927396) Report
"many feel that GST should be collected from the fees collected from Australian payments and paid to the Australian government."

Who are these 'many'? And why haven't they been taking their medication?
Replied by pisces3377 on 26-Sep-2009 13:44 (Ref 1927454) Report

"Paymate Global Inc. is a US company registered in the State of Delaware with offices in Woodside, CA and Sydney, Australia."

Doesn't that mean they are a US company?

So, were they ever an Australian company?

Or just a US company with an office here and people assumed they were an Australian company?
Replied by legsinau on 26-Sep-2009 21:57 (Ref 1928041) Report
From the links provided above

http://www.paymate.com/cms/index.php/component/content/article/43-company-content/179-paymate-story
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