SuperChoice is one of the original Fintech stories. We first started operating in 1997 within the CPS group of companies with a clear mission to dramatically enhance the super fund/employer transaction experience through the use of digital technology.
We made a name for ourselves, known for providing Superannuation Clearing House Services to Super Funds and Employers. And now, through continued investment in development, new features, functionality, and security we're expanding our solutions to support more and more businesses to digitally transact.
In Australia, around 100,000 employers, including 2/3’s of all companies with more than 200 employees, use our platform to pay almost 40 million SuperStream compliant contributions per annum (worth ~$25 billion) on behalf of around 2.3 million employees.
Based in Sydney, Australia, SuperChoice's cloud-based, distributed micro-services payment, data, and messaging platform now is used to offer a range of typically many-to-many / industry transaction solutions including our market-leading employer superannuation payment clearinghouse and gateway.
Our functionally rich platform enables transaction solutions to be implemented via web portal/file upload and/or API into HR/payroll software. It also enables recipients to receive matched data and payments in whatever manner that allows them to achieve Straight Through Processing benefits.
Our platform is also used in the UK by Aegon to enable its Workplace Pension employer clients to meet their Auto Enrolment requirements.
· Offer employers an easy way to pay Salary and all Salary deductions;
· Provide solutions enabling employers to comply with Single Touch Payroll legislation; and
· Expand further overseas
SuperChoice aspires to be a key enabler of a world where Superannuation related businesses, governments and consumers easily transact.