News

CBA Take On Afterpay With Swedish Giant ‘Klarna’ Posted on: 16-08-2019

CBA Take On Afterpay With Swedish Giant ‘Klarna’

Intending to overtake Afterpay and others in the burgeoning deferred payment sector, the Commonwealth Bank of Australia has made a US$100 million investment in a Swedish buy now, pay later platform ‘Klarna’.

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Retailers launch joint attack on banks over gouging on contactless and mobile payments Posted on: 15-08-2019

Retailers launch joint attack on banks over gouging on contactless and mobile payments

The Australian retail sector is demanding the enforcement of cheaper routing by default.

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Is Australia following the footsteps of Sweden in becoming the next cashless country of the world? Posted on: 14-08-2019

Is Australia following the footsteps of Sweden in becoming the next cashless country of the world?

It can be observed that there’s a decrease in cash payments in Australia today.

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“We had a really great response”: Bunnings expands click and collect Posted on: 09-08-2019

“We had a really great response”: Bunnings expands click and collect

Bunnings will officially launch the click and collect in Victoria with a pop-up ‘virtual store’ in Melbourne’s Federation Square and free snags for visitors from 7am to 6pm.

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Afterpay Says Quick Wins with Millennials are Easier than You Might Think Posted on: 08-08-2019

Afterpay Says Quick Wins with Millennials are Easier than You Might Think

Afterpay, positions its services as a way to deliver a frictionless transaction experience thus enabling brands to put their best foot forward in what will ideally be a long, loyal relationship.

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Visa acquires POS payment gateway Payworks Posted on: 02-08-2019

Visa acquires POS payment gateway Payworks

After acquiring Payworks, Visa will create a fully white-labelled omnichannel payment management platform for merchants and acquirers.

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Melbourne eyes one billion Chinese visitors, partnering with Alibaba to launch geotargeted tool on AliPay Posted on: 01-08-2019

Melbourne eyes one billion Chinese visitors, partnering with Alibaba to launch geotargeted tool on AliPay

The City of Melbourne announced their plans to cash in on Chinese tourism market through partnership with one of the country’s most dominant payment companies AliPay.

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Visa's vision for the future of payments is password-free Posted on: 31-07-2019

Visa's vision for the future of payments is password-free

In the next 5 years, with the technological advancements in authentication and anti-fraud, Visa firmly believes the payment industry can move away from passwords.

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Domino’s Pizza to trial cashless ‘tap-and-take only’ stores Posted on: 26-07-2019

Domino’s Pizza to trial cashless ‘tap-and-take only’ stores

Domino is starting with a trial to use only electronic payment options at a handful of stores across the country, in line with their plan to ditch the use of cash in its stores.

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Buy now, pay later surcharges? Small businesses feeling fee pinch Posted on: 24-07-2019

Buy now, pay later surcharges? Small businesses feeling fee pinch

The “buy now, pay later” services popularity have increased and is now being used for a broader range of purchases and small businesses in particular want more freedom to pass on the processing costs.

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Top 6 Cafe POS Systems for Small Business 2019 Posted on: 22-07-2019

Top 6 Cafe POS Systems for Small Business 2019

To help small coffee shops and eateries efficiently manage counter, seated, take-out, and delivery orders, and organize general business needs, they can take advantage of different Cafe point-of-sale (POS) systems.

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Westpac, Kounta collaborate to speed up retail transactions Posted on: 18-07-2019

Westpac, Kounta collaborate to speed up retail transactions

Westpac and Kounta collaborated to connect the former's Presto Smart payment terminal to the latter's PoS system using cloud-based technology.

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Buy now pay later Splitit signs with Kogan Posted on: 17-07-2019

Buy now pay later Splitit signs with Kogan

Kogan is now a certified partner of Splitit allowing customers to pay for goods in installments. Its services will be fully available on Kogan.com “in the coming days”.

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Small businesses are wasting revenue in merchant fees Posted on: 16-07-2019

Small businesses are wasting revenue in merchant fees

Many of Australia’s 2.1 million small businesses, says a specialist payment consulting firm, are wasting revenue by not investigating the best payment service providers. Nor are they making the most of least-cost routing.

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Zip gains retailers as buy now pay later comes under attack Posted on: 15-07-2019

Zip gains retailers as buy now pay later comes under attack

A string of new retailers join Buy now, pay later operator Zip, bringing representatives across Australia fashion, automotive and food into the fold.

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Least-Cost Routing Explained Posted on: 11-07-2019

Least-Cost Routing Explained

New least-cost routing functionality will help merchants save on fees, but not all banks and payments service providers have enabled this service.

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Instagram boss lays out plan for in-app shopping bags, checkout Posted on: 11-07-2019

Instagram boss lays out plan for in-app shopping bags, checkout

Instagram’s desire to play a bigger role in consumers’ online shopping behaviour, has been put permanently to rest.

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RBA reveals fee gouging on tap and go payments continues to skyrocket Posted on: 10-07-2019

RBA reveals fee gouging on tap and go payments continues to skyrocket

Even with the heavy fees that comes with it, the ‘tap and go’ trend on debit and credit cards continues to grow , as cash transactions seem to be becoming a thing of the past.

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H&M trims store openings to focus investment on its online operations Posted on: 09-07-2019

H&M trims store openings to focus investment on its online operations

H&M announced that they will open fewer stores this year because the group intends to concentrate investment on its online operations.

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Four in five consumers purchase after doing this Posted on: 05-07-2019

Four in five consumers purchase after doing this

According to new research 63% of Australian shoppers prefer an in-store shopping experience over online.

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Coles surrenders resistance to the forces of the digital era Posted on: 03-07-2019

Coles surrenders resistance to the forces of the digital era

Coles 3.0 and Woolworths 3.0, Australia's two supermarket giants are quietly but aggressively changing the way they do business. The rules of competitive engagement have shifted as the game has moved on.

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Bunnings to have full e-commerce offer by Christmas Posted on: 28-06-2019

Bunnings to have full e-commerce offer by Christmas

Before Christmas, Bunnings is expected to have its e-commerce operations online and fully operational nationwide.

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What’s next for barcode technology Posted on: 27-06-2019

What’s next for barcode technology

When it comes to smart factories and new products, over the past few years, with the Internet of Things (IoT) and Industry 4.0, data has been at the forefront of a lot of thought processes.

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Inside the Toys ‘R’ Us rebirth: Why we decided to launch as a purely online retailer Posted on: 25-06-2019

Inside the Toys ‘R’ Us rebirth: Why we decided to launch as a purely online retailer

In 2011, Louis Mittoni, the new chief executive officer of Toys ‘R’ Us ANZ, launched the Hobby Warehouse as a digital platform.

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Adyen: The future of retail will be “dictated by the customer” Posted on: 21-06-2019

Adyen: The future of retail will be “dictated by the customer”

According to Michael van Aalten, modern payment frameworks are changing the manner in which we shop.

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Report: Retailers must up the speed, accessibility of ecommerce Posted on: 19-06-2019

Report: Retailers must up the speed, accessibility of ecommerce

Last year, new Australia Post statistics showed Australians spent $27.5 billion buying online and are still being driven by email marketing campaigns.

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7-Eleven opens its first click-and-go concept store in Australia Posted on: 14-06-2019

7-Eleven opens its first click-and-go concept store in Australia

Using technology to ensure their loyal customers that they will no longer need to wait for long lines, 7-eleven has launched its own click-and-go concept store.

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AusPost to spend $1b as Afterpay, Black Friday drive online growth Posted on: 13-06-2019

AusPost to spend $1b as Afterpay, Black Friday drive online growth

AusPost has seen the unstoppable growth of online shopping trend for the past years which means higher customer demand for quicker deliveries.

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Zip Ties with Kmart for Flexible Payments Posted on: 10-06-2019

Zip Ties with Kmart for Flexible Payments

Kmart announced their latest partnership, with Zip Co. to offer flexible, interest-free payment options for customers purchasing items online. By the end of May, Zip will be available for Kmart shoppers.

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How Consumers Shop Using Smartphones For Food Vs Retail Goods Posted on: 07-06-2019

How Consumers Shop Using Smartphones For Food Vs Retail Goods

In the 2019 edition of the Remote Payments Study, the data showed that online grocery still has a long way to go.

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