SQID Technologies Limited is an Australia-based payment processing company. The Company operate as a relationship payment provider and payment facilitator for credit card purchases and bank transfers. It contracts with merchants to handle transactions from various channels such as credit and debit cards. It provides merchant services and transaction processing to business merchants, electronic commerce platforms, charities and community organizations. The Company’s technology enables layered access to payment and merchant transactions data such as payments through franchisees under a franchisor. Its business model integrates retail and wholesale layers and provides split settlements between each layer. Its technology enables the franchisor to receive settlements in parallel to the franchisee. The Company’s subsidiaries include SQID Payments Pty Ltd and EFT Managed Services Pty Ltd.