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MN-65028

Coles / PaydockMN-65028

View on ACCC

Processing timeline

25

days

Filed

9 July 2026

Coles - Paydock - Phase 1 determination

Decision

3 Aug 2026Coles - Paydock - Phase 1 determination
Type
Notification
Outcome
Approved
Stage
Phase 1 - initial assessment
Status
Assessment completed

Parties

Acquirer(s)

Retail Payment Solutions Pty Ltd ABN - 89 683 915 657

Target(s) or Vendor(s)

Paydock Holdings Pty Limited ABN - 31 607 215 163, Paydock AUNZ Pty Limited ABN - 96 607 219 116, Paydock Ltd

Other parties

Coles Group Limited ABN - 11 004 089 936

Summary

Coles Group Limited's Retail Payment Solutions Pty Ltd has received approval to acquire the business assets of Paydock Ltd, Paydock Holdings Pty Limited, and Paydock AUNZ Pty Limited. This asset acquisition enhances Coles' payment acquiring services with Paydock's payment orchestration platform for merchants and financial institutions.

Acquisition details

Retail Payment Solutions Pty Ltd ( RPS ), which is owned by Coles Group Limited ( Coles ), proposes to acquire the business assets of Paydock Ltd, Paydock Holdings Pty Limited and Paydock AUNZ Pty Limited (together, Paydock ) (the Acquisition ). Coles is an Australian public company (ASX: COL) that primarily operates supermarkets and retail liquor stores trading under the Liquorland banner. RPS provides payment acquiring services to Coles and a limited number of other Australian retailers through its own payment infrastructure, which supports the routing, processing and settlement of in-store and online card transactions. Paydock is a software group based in both Australia and the United Kingdom. Paydock provides a payment orchestration platform to merchants and financial institutions, which integrates multiple online payment methods and payment service providers.

Industry

Broad:Professional & Business Services

Decisions and key events

3 Aug 2026Coles - Paydock - Phase 1 determinationAttachmentPDF148.6 KB

Other documents

9 July 2026Questionnaire - Coles - PaydockAttachmentDOCX116.1 KB

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