Approved · Notification · Phase 1 · decided in 25 days, 3 Aug 2026
UnclassifiedMN-65028ACCC register
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.
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.