News

'Love-hate relationship': Retailers hit by the Afterpay Effect Posted on: 19-12-2018

'Love-hate relationship': Retailers hit by the Afterpay Effect

Afterpay has millions of active Australian users, nearly one in 10 Australians - and $2.2 billion in sales. According to the latest report published by ASIC, it was found out that Australian customers, collectively, owe $903 million in buy now, pay later

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Christmas Comes at a Cost for SME Owners Posted on: 17-12-2018

Christmas Comes at a Cost for SME Owners

According to the new Small Business Report by Westpac and Deloitte, 58% of small- and medium enterprise (SME) owners said they would miss sleep over the festive season due to work, and 63% doubted they would have a chance to relax or wind down.

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Eftpos Gets Square as Battle for Mobile Payments Escalates Posted on: 12-12-2018

Eftpos Gets Square as Battle for Mobile Payments Escalates

Eftpos transactions can now be made on Square terminals at tens of thousands of businesses across Australia thanks to a recent upgrade.

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NAB Rings-up Alipay as End-of-Plastic Looms Posted on: 10-12-2018

NAB Rings-up Alipay as End-of-Plastic Looms

National Australia Bank has become the first Australian bank to support the Alibaba Group-backed Alipay mobile payment platform.

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Aussies will spend $51 billion this Christmas Posted on: 07-12-2018

Aussies will spend $51 billion this Christmas

The ARA expect Aussie shoppers to spend more than $51 billion over the Christmas period, according to collective research by Neto and Hitwise.

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3 Ways To Improve Your Omnichannel Retail Strategy With Location Data Posted on: 05-12-2018

3 Ways To Improve Your Omnichannel Retail Strategy With Location Data

In today’s fast-paced technological advancement, there are so many consumer touchpoints that you have to consider, both offline and online, to ensure that you deliver the right message to your target audience at the right stage in your customer’s journey.

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Wirecard Expansion: Bring Digital Fintech Platform Services to Australia & New Zealand Posted on: 03-12-2018

Wirecard Expansion: Bring Digital Fintech Platform Services to Australia & New Zealand

Wirecard, the global innovation leader for digital financial technology, announced its platform expansion in Australia and New Zealand.

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Gold Coast stores get Alipay in Heinemann/Tyro linkup Posted on: 30-11-2018

Gold Coast stores get Alipay in Heinemann/Tyro linkup

The integration with Alipay, the world’s largest mobile and online payment platform, provides Australian businesses improved access to the lucrative and rapidly expanding Chinese visitor market.

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New Deal Connecting Australian Business to Chinese Visitors Posted on: 28-11-2018

New Deal Connecting Australian Business to Chinese Visitors

The National Australia Bank announced its decision to expand its payment options adding Alipay in a bid to target Chinese tourists.

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Latest Forrester Report Lays out Australia’s Digital Habits for 2018 Posted on: 26-11-2018

Latest Forrester Report Lays out Australia’s Digital Habits for 2018

Australian consumers online shopping activity continues to soar and is growing at a much more rapid rate than traditional retail.

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Cabcharge Taps Google Pay for eTickets to Ride on Android Mobiles Posted on: 23-11-2018

Cabcharge Taps Google Pay for eTickets to Ride on Android Mobiles

Corporate travelers can now pay their fares via Google Pay as Cabcharge officially rolled out its Digital Pass on Android.

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AusPayNet Embraces the Pace of Industry Change as it Looks to 2019 and Beyond Posted on: 21-11-2018

AusPayNet Embraces the Pace of Industry Change as it Looks to 2019 and Beyond

Australian Payments Network (AusPayNet) aims to proactively embrace the rapid pace of industry change as it looks to 2019 and beyond - an interview with AusPayNet CEO, Leila Fourie.

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Big Issue Makes the Switch from Cash to Digital Payment Posted on: 20-11-2018

Big Issue Makes the Switch from Cash to Digital Payment

Big Issue has decided to make a switch using cash, tap-and-go, or mobile payment app. The launch of digital payments will make the magazine more accessible to more people.

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5 ways E-commerce Will Change in 2019 Posted on: 19-11-2018

5 ways E-commerce Will Change in 2019

Online shopping has shown a promising increase in sales for the past year, hence retailers must keep up with technology to remain competitive in the industry.

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Long Queues are Costing Australian Businesses Posted on: 16-11-2018

Long Queues are Costing Australian Businesses

According to the research, 73% of Australian shoppers are choosing to desert their shopping trolleys and leave a store due to long lines. Nearly $12.5b potential sales were lost over the last year, according to new research from Adyen.

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Paper-free Payments: Australia and NZ Work on E-invoicing Standard Posted on: 14-11-2018

Paper-free Payments: Australia and NZ Work on E-invoicing Standard

Australia and New Zealand are planning to create trans-Tasman standards for electronic invoicing in an effort to save $30 billion over 10 years.

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eftpos CHQ & SAV now available on Square across Australia Posted on: 12-11-2018

eftpos CHQ & SAV now available on Square across Australia

eftpos CHQ & SAV transactions can now be made on Square terminals at tens of thousands of businesses across Australia when using eftpos-only chip cards.

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Preparing for Peak: Tactical Recommendations for Stopping Holiday Season Fraud Posted on: 09-11-2018

Preparing for Peak: Tactical Recommendations for Stopping Holiday Season Fraud

Business might be booming for eCommerce merchants, who see increases in holiday spending climbing steadily upwards each year, but with fraud growing nearly twice as fast as sales, merchants need to have their fraud strategy fine-tuned to ensure that..

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You can now shop at Target with Afterpay and Zip Posted on: 08-11-2018

You can now shop at Target with Afterpay and Zip

After closing the deal, Zip will provide Target customers an easy checkout experience both online and in-store and interest-free payments to its customers.

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Payment Disruption Trends – Consent, Identity and Simplicity Posted on: 05-11-2018

Payment Disruption Trends – Consent, Identity and Simplicity

PayDock and PayReq are two companies creating disruptive waves in payments, we talk to them both to get their view on just what are the trends when it comes to payments.

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Australia’s E-commerce Industry Needs Improvement Posted on: 31-10-2018

Australia’s E-commerce Industry Needs Improvement

Couriers Please conducted a survey of over a thousand Australians and found out that respondents believe there is a lot of room for improvement in Australia’s e-commerce offerings.

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WEX Taps Troovo For Robotic V-Card Generation Posted on: 29-10-2018

WEX Taps Troovo For Robotic V-Card Generation

WEX, a corporate payments solution provider has partnered with Australia-based Troovo Technologies to integrate robotic automation to generate virtual cards which will provide customers the ability to streamline virtual payments with no development effort

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Visa Unveils New Partners on Tokenization to Increase Payment Security Posted on: 26-10-2018

Visa Unveils New Partners on Tokenization to Increase Payment Security

According to a press release made by Visa, they have 20 new gateway and acquirer partners that have agreed to deploy Visa Token Service for credential-on-file used by merchants. This Visa Tokenization offers another layer of ser, resulting in frictionless

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BPAY Group’s Osko® Requests is Set to be a Business Game Changer Posted on: 24-10-2018

BPAY Group’s Osko® Requests is Set to be a Business Game Changer

Osko Requests uses the power and speed of the New Payments Platform (NPP) to enable real-time requests for payment to be sent between individuals and businesses.

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Subscription commerce booms in Australia as 86% report increases in revenue Posted on: 23-10-2018

Subscription commerce booms in Australia as 86% report increases in revenue

The 2018 mCommerce Index released by Paypal Australia states that almost 90% of Australian businesses that adopted a subscription model experienced an increase in their revenue.

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Merchant Service Fees – Lean in and Learn Posted on: 19-10-2018

Merchant Service Fees – Lean in and Learn

Did you know Merchants can negotiate their cost of Merchant Service Fees to improve their profit margins? This may be a very big surprise to the many thousands of merchants around Australia who have accepted the percentage buried somewhere in a contract.

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Wearable Devices Can Become Good Payments Fit Posted on: 17-10-2018

Wearable Devices Can Become Good Payments Fit

In Australia, leaving home without your phone, card, wallet or cash is now possible with the rollout of the country’s first payment ring to “tap and go”. Customers are paying with rings, watches, and bracelets to name a few.

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New Payments Platform to Shake-up Invoicing and Payroll in Australia Posted on: 15-10-2018

New Payments Platform to Shake-up Invoicing and Payroll in Australia

“We’re working with the tax office and organisations like MYOB to think about developing standards for different sorts of payments, for superannuation payments, for payroll and particularly for Single Touch Payroll.

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Australia Post Latest to Embrace Digital Payment at Checkout Posted on: 12-10-2018

Australia Post Latest to Embrace Digital Payment at Checkout

Australia Post is acquiring new advanced Point of Sale (POS) systems across 3,600 post offices, which will allow customers to pay using their wearable and mobile devices and provide better accessibility for those with vision and hearing impairments.

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ANZ Rolls Out Google Pay Wallet Posted on: 10-10-2018

ANZ Rolls Out Google Pay Wallet

Another great news to all ANZ New Zealand personal Visa debit or credit card customers can make contactless payments with compatible Android smartphones using Google Pay.

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