Penny International Inc.
Financial ServicesAustralia2-10 Employees
Penny International Inc. operates in the financial services space, focusing on high-volume payments for media buyers, affiliate marketers, and dropshippers. It addresses the disruption caused by traditional corporate cards and automated fraud controls that can lead to unwarranted declines and reconciliation challenges, particularly with cross-border transactions. Based in Australia, the company emphasizes real-time payments data and human-supported service to help campaigns continue smoothly. The firm provides unlimited virtual cards at no cost, designed for international transactions, with optimized BIN assignments through partner banks to reduce declines and boost rebates. Its API-first approach enables rapid, programmatic handling of declined payments to preserve business operations. In 2018, Penny Inc was recognized as a finalist in a global app competition coordinated by Intuit QuickBooks.