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TransACT Communications, based in Canberra, provides payment processing and e-invoicing for online marketplaces.
TransACT Communications was formed in 2000 in Canberra, Australia, and provides payment processing, electronic invoicing, real-time payment notifications and mobile payment integration for e-commerce, retail and service businesses in Australia, New Zealand and parts of Southeast Asia. Its revenue comes from transaction fees and subscriptions. TVG Capital Partners invested USD 29.00 mn in November 2011. It reported revenue of USD 85.82 mn and EBITDA of USD 17.79 mn in 2011.
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