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Thredd and Paywith Launch Rewards Card Program in Australia


Thredd and Paywith Launch Rewards Card Program in Australia
  • by: Source Logo
  • |
  • January 16, 2026

Thredd has partnered with Paywith to launch an innovative rewards and payments program for a major Australian grocery retailer, leveraging Thredd’s scalable issuer processing platform and Paywith’s payment orchestration technology to deliver flexible, customer-centric prepaid card experiences.

Quick Intel

  • Thredd and Paywith have successfully launched their first joint card program in Australia, powering a large-scale retail loyalty and rewards initiative with rapid consumer adoption since go-live.
  • The partnership combines Paywith’s orchestration capabilities with Thredd’s local Australian market expertise, robust APIs, and full-suite features including tokenization, digital wallets, fraud monitoring, 3DS, push provisioning, and gateway processing.
  • Customers benefit from seamless earning and redemption of value through a single prepaid card, blending multiple funding sources (debit, credit, loyalty, rewards, stored value) for smarter, more rewarding payment experiences.
  • Thredd provides end-to-end issuer processing with high security, data visibility, and scalability, enabling Paywith to maintain control while accelerating program deployment.
  • The collaboration highlights Thredd’s competitive edge in winning deals with payments-savvy partners seeking speed-to-market, reliability, and extensibility in the Australian market.
  • Additional programs between Thredd and Paywith are planned as Paywith expands its portfolio of card-based solutions.

This partnership addresses the growing demand for integrated, intelligent payment experiences in retail and loyalty programs. By unifying orchestration and issuance, Thredd and Paywith enable businesses to launch differentiated card propositions quickly while ensuring strong security, compliance, and consumer engagement.

Accelerating Card Program Innovation in Australia

Paywith’s orchestration platform blends funding sources into a seamless payment flow, while Thredd’s cloud-enabled, AI-first issuer processing delivers the underlying infrastructure for debit, credit, digital wallet, and ledger capabilities. Together, they support high-performance prepaid card programs that drive top-of-wallet usage and loyalty. The live grocery retailer program demonstrates rapid uptake, reflecting consumer preference for convenient, value-integrated payment methods.

Robust Capabilities and Local Expertise

Thredd’s platform provides comprehensive features critical for modern card programs: tokenization for secure digital wallet integration, real-time fraud and transaction monitoring, 3DS authentication, push provisioning, and gateway processing. This full visibility and control allow Paywith to scale efficiently while maintaining best-in-class security for end-users. Thredd’s deep understanding of the Australian payments ecosystem, regulatory requirements, and market dynamics further accelerates deployment and reduces risk.

“Paywith is a sophisticated player with deep global payments experience, and they evaluated the full market before choosing Thredd,” said Damien Gough, Head of Asia Pacific, Thredd. “What stood out was our ability to combine robust APIs, local Australian market knowledge, and a proven track record of delivering complex programs quickly. This partnership reinforces Thredd’s position as the processor of choice for orchestrators and program managers building differentiated card propositions.”

“Thredd’s technology and delivery model allowed us to move fast without compromising on control or flexibility,” said Andrew Lackie, CEO, Paywith. “Their support, responsiveness, and understanding of the local payments ecosystem were key factors in bringing this program live and positioning us for future growth.”

The collaboration strengthens Thredd’s momentum in Australia and positions both companies to support additional innovative card-based solutions in the region.

About Paywith

Paywith is a payments orchestration platform that helps businesses create top-of-wallet card programs by blending multiple funding sources — including debit, credit, loyalty, rewards, and stored value — into a single, seamless payment experience. Paywith empowers businesses and consumers with smarter, more rewarding payment experiences — driving higher card usage and stronger engagement. 

About Thredd

Thredd is the trusted, AI-first, cloud-enabled issuer processing platform powering the next generation of global payments. Through a single API, unified platform, Thredd delivers debit, credit, digital wallet and ledger capabilities to over 100 fintech, digital banks and embedded finance providers, across 47 countries, processing billions of transactions annually. With a global operating footprint, local expertise, and AI integrated into every layer of its platform, Thredd has been purpose-built for speed, scale and modern issuance models, setting the standard for market entry, client experience, security, regulatory rigour and operational resilience.

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