We Are an Australian payment processing business
EFTEX is an Australian payments processing and acquiring services provider. For more than 20 years we have delivered a range of solutions to POS and ATM terminal networks including transaction processing and acquiring, terminal driving and monitoring. EFTEX is a wholly owned subsidiary of The Banktech Group and is a member of eftpos Payments Australia, along with holding an Exchange Settlement Account with the Reserve Bank.
Today EFTEX drives more than 15,000 ATM and POS terminals across Australia, New Zealand and Southeast Asia and processes more than $15 billion worth of transactions annually.
Our Team
Meet our leadership team

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David Glen
Group Managing Director
David established the Banktech Group in 1991 and subsequently founded EFTEX in 2000.

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IAN SANFORD
General Manager
Ian joined EFTEX in 2021 as General Manager. He has broad payments, cards and ATM issuing/acquiring experience, having previously held senior roles at Westpac, American Express, Woolworths Group, Cuscal, Prosegur and Diebold.

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Peter Barnard
Senior Manager – Transaction Services
Peter is responsible for the operation of all EFTEX transaction processing, acquiring, and settlement services. He has worked with EFTEX since 2009, and brings 30+ years of technology experience in transaction processing, accounting, and risk systems.

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Nicki Fortey
Client Account Manager
Nicki has been with EFTEX since 2009 in various roles, and was appointed as Client Account Manager in 2014. Prior to this she spent several years with Banktech Australia.

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Theo Koutellos
Helpdesk Manager
Theo has been with EFTEX since 2002 and is responsible for managing all aspects of the Helpdesk operation.

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Paul Stewart
Strategic Advisor
Paul was General Manager of EFTEX from 2009 through to mid-2021,and has now moved to a part-time strategic advisory role. Paul has a broad knowledge of payments, cards acquiring and transaction processing.
Our Partners
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