About Us

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

A title

Image Box text

David Glen

Group Managing Director

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

A title

Image Box text

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.

A title

Image Box text

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.

A title

Image Box text

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.

A title

Image Box text

Theo Koutellos

  Helpdesk Manager

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

A title

Image Box text

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

Industry partners