ACCC Gives Thumbs Up To Big Payments Merger
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September 9, 2021
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The ACCC has greenlit a massive merger between Australia’s three largest payment systems providers: eftpos, BPay, and NPPA. The competition watchdog has... Read More
Afterpay Kills Barcodes For In-Store Payments
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August 30, 2021
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Afterpay is ending the use of barcodes for in-store payments as it moves to transition customers to its NFC-enabled Afterpay Card. In... Read More
Apple Returns Fire At Commbank Chief Over Apple Pay
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August 27, 2021
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Apple has excoriated Commonwealth Bank CEO Matt Comyn over what it labels as “misleading and false” comments made about Apple Pay before... Read More
Afterpay Posts Loss Despite Mushrooming Sales
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August 25, 2021
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Buy-now, pay-later giant Afterpay has posted a net transaction loss of $132.6 million despite almost doubling sales over the past year. Afterpay,... Read More
Oz Card Payments Drop As Online Shopping Grows
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August 19, 2021
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Card payments in Australia have fallen for the first time as the rate of card fraud increases, driven by an uptick in... Read More
End Of An Era: Mastercard First To Ditch Magnetic Stripes
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August 18, 2021
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Mastercard is set to ditch the magnetic stripe from all its cards by the end of the decade as chip cards continue... Read More
ACCC Seeks Input On Eftpos Mega-Merger
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August 6, 2021
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The ACCC is looking into a court-enforceable undertaking offered for the proposed merger of eftpos, BPAY, and New Payments Platform Australia Ltd... Read More
Aussie Top Buyout Hits Sweet Spot For Afterpay And Square
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August 3, 2021
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When the going gets tough, it’s said, the tough get going –and that’s exactly what Australian buy-now, pay-later (BNPL) operator Afterpay has... Read More
Square Plans Terminal With Tap-To-Pay
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July 16, 2021
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Payment platform Square is developing an iPad point-of-sale terminal that will let shoppers more easily tap to pay for purchases. The company’s... Read More
Afterpay Facing US Class Action As Research Predicts Revenue Upsurge
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June 10, 2021
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Australian buy-now, pay-later (BNPL) titan Afterpay is facing a class action in the US from users who claim it has deceived them... Read More
PayPal Muscles In On BNPL, Credit Cards
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June 9, 2021
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Internet payments giant PayPal is taking on Afterpay and traditional banks with not only a BNPL-style “pay in 4” option, but physical... Read More
Afterpay’s Molnar Backs Start-Ups
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May 26, 2021
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Afterpay co-founder and Australia’s youngest self-made billionaire, Nick Molnar, is pouring an estimated $2.2 billion personal fortune into Australian start-ups. Recipients have... Read More
Australian Market Galloping, Says Payments House Square
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May 18, 2021
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Payments technology outfit Square is planning a major hiring spree Down Under, after seeing Australia emerge as its fastest-growing international growth area.... Read More
AfterPay Investor Eyes Glued To Market After Massive Downturn
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May 17, 2021
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Many investor eyes will be anxiously switched to the ASX this morning as the punters wait to see how one-time favourite, buy-now,... Read More
Tyro To Buy Medipass
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May 11, 2021
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Tyro Payments has completed a $22.5 million acquisition of digital health payments business Medipass in a bid to further its presence in... Read More
Zeller Fires New Salvo As Payments War Heats
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May 5, 2021
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The former executive behind fintech Square’s Australian operations has launched his own contender for dominance of the space. CEO and co-founder Ben... Read More
Zip Soars On Record BNPL Q3 Revenue Growth
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April 14, 2021
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Shares in Australian buy-now-pay-later (BNPL) company Zip have soared more than 11pc, buoyed by the company’s record revenue, transaction volumes and customer... Read More
AfterPay Shares Leap Another 10%
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April 7, 2021
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Shares in buy-now, pay-later leader Afterpay closed at $116.04, up a hefty 10.5 percent on the ASX. The shares also fared well... Read More
Payment Platforms Seek Merger
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March 25, 2021
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Australia’s three major payment organisations – BPay, Eftpos and the New Payments Platform Australia – are asking the Competition and Consumer Commission’s... Read More
ACCC Puts Foot Down On Visa Debit Rates
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March 10, 2021
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The ACCC has slapped credit and debit card giant Visa with a court-enforceable undertaking to stop it from offering cheaper rates to... Read More
Aussie Economy Tipped To Be 98% Cashless By 2024
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March 4, 2021
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The sun is setting on the use of cash for retail payments in Australia, with the economy projected to be 98 percent... Read More
Digital Wallets Get A New Push
SYDNEY: The Commonwealth Bank is offering card users the facility of making eftpos payments via Samsung Pay. CBA users can now choose... Read More
Eftpos Snaps Up BeemIt To Expand Digital Payments
SYDNEY: Debit card provider Eftpos has agreed to buy Australian payments app Beem It, which is claimed to allow users to send... Read More
Days Of Cash Payments Numbered As 19% Of Aussie Wallets Go Digital
One in five Australians have ditched cash and physical cards to pay with their phone or smartwatch at the checkout. New research... Read More
Samsung Pay Adds Eftpos As Mobile Transactions Surge
Samsung users will soon be able to use Samsung Pay for eftpos transactions thanks to a new collaboration between the manufacturer and... Read More
Digi-Checks For All, Big Push For 5G As Govt. Embraces Tech
CANBERRA: The Morrison Government is expanding the use of digital identity checks when accessing services online. Digital identity checks are set to... Read More
Amazon Scanner Puts Payment In The Palm Of Your Hand
Contactless payments could become even quicker with a new palm reader from Amazon. Dubbed Amazon One, the device scans users’ palm prints... Read More
EU Looks To End Apple Pay Monopoly
The European Union is considering rules that would force Apple to open up near-field communication (NFC) payment on its devices to competing... Read More
Big Deals Now Available Via Samsung Pay
Samsung has launched new Samsung Pay functionality in Australia that allows consumers to validate high-value purchases without needing to touch a PIN... Read More
Buy-Now, Pay-Later Boom Claimed To Cause Money Troubles
SYDNEY: The buy-now, pay later market in Australia is booming, with a growing list of providers now available in Australia. Dominating the... Read More
Bankwest Joins Samsung Pay As Contactless Payments Rise
Samsung has seen a rise in transactions using its contactless Samsung Pay payment service as it launches a new partnership to bring... Read More
Tyro Doubles Loss In FY20, Blames Coronavirus, Bushfires
Retail point-of-sale company Tyro has blamed the bushfires and COVID-19 for a $38 million loss, more than double that of last year,... Read More
COVID-19: Shopping Centres Face Horror Time, Rent Relief Demands
The COVID-19 virus has seen shopping centres deserted with owners desperate to avoid having to shut down malls as retailers look for... Read More
Afterpay To Refund $1.5 million To Consumers
Following an inquiry launched last year, Afterpay Touch has agreed to refund US$905,000 of late fees paid by 640,000 Californian consumers and... Read More
Echo Show 8 Smart Display Heading To JB Hi-Fi
Following its unveiling in September last year, the Amazon Echo Show 8-inch smart display with Alexa is finally on its way to... Read More
JB Hi-Fi Jumps Into $13 Billion Pet Industry
JB Hi-Fi whose shares hit $41.30 today has moved into the pet business which in Australia is a $13 billion dollar business.... Read More
ALDI Special Buys 8 Feb: Uniden Dual DashCam For $80
ALDI is taking us on a February road trip with its Special Buys this Saturday featuring the Uniden IGO CAM 345 Dual... Read More
Commodore 64 Comeback Console At JB Hi-Fi + EB Games For $199
For just $200 Oz gamers can relieve the retro glory days of the Commodore 64 home video game console that has been... Read More
Retailers Want Tap Fees To Go
An alliance of four leading Australian retail associations have combined their efforts to rid the retail sector of nearly $550 million worth... Read More
New Audio Technica True Wireless Earphones Now Available From JB Hi-Fi
JB Hi-Fi now has the brand new true wireless earphones, the ATH-CK3TW earbuds from Audio Technica for $189. Available now in either... Read More
The Hanging Gardens Of IKEA
IKEA is building a brand new concept store in the shape of a seven-storey green city store in the middle of Vienna... Read More
Amazon Not So Scary Anymore; Still Lags Behind JB Hi-Fi
A new analysis report by UBS has revealed that Australian retailers may have the advantage over amazon, with brick and mortars still... Read More
Midea Crowdfunds Ahead Of Oz Expansion
China’s largest air conditioner exporter Midea has turned to crowdfunding site Indiegogo to fund a brand new Window Unit ahead of the... Read More
Amazon Purchases With The Wave Of A Hand
Amazon is reportedly teaming up with credit card companies to make gesture purchases a reality as the online retail giant plans linking... Read More
Google Search Retail Stock In Real Time
Consumers may be able to Google search the stock levels of a retail store with the Alphabet run company acquiring Pointy, a... Read More
Checkout Free Coles In Ten Years
Coles could be checkout-free in just ten years according to a leading executive predicting customers will just ‘walk out’ with their shopping.... Read More
Apple iPhone Sales Plummet Drop In Production
Apple has had to cut back on production for their iPhone lines as sales drastically plummet in China. The California-based company has... Read More
Flat Pack Alfresco BBQ From Artusi
Artusi has added a brand new alfresco freestanding kitchen that can include a BBQ grill, sink space and an outdoor bar fridge,... Read More
Amazon Ban FedEx For Being ‘Too Slow’
Amazon has reportedly cut ties with FedEx for the holiday season calling the delivery service ‘too slow’. As reported by the Wall Street... Read More
$14 Billion Will Be Spent In The Seven Days Before Christmas
A total of $14 billion will be spent across Australia in the lead up to Christmas as the National Retailers Association (NRA)... Read More
