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Aussie Economy Tipped To Be 98% Cashless By 2024

Computer Daily News March 4, 2021 No Comments

The sun is setting on the use of cash for retail payments in Australia, with the economy projected to be 98 percent cashless by 2024. The annual Global Payments Report…

Digital Wallets Get A New Push

Computer Daily News December 14, 2020 No Comments

SYDNEY: The Commonwealth Bank is offering card users the facility of making eftpos payments via Samsung Pay. CBA users can now choose between eftpos and Mastercard when making debit card…

Eftpos Snaps Up BeemIt To Expand Digital Payments

Computer Daily News November 4, 2020 No Comments

SYDNEY: Debit card provider Eftpos has agreed to buy Australian payments app Beem It, which is claimed to allow users to send and receive money using their phone, regardless of…

Days Of Cash Payments Numbered As 19% Of Aussie Wallets Go Digital

Jake Nelson October 22, 2020 No Comments

One in five Australians have ditched cash and physical cards to pay with their phone or smartwatch at the checkout. New research from comparison site Finder shows that 19 per…

Samsung Pay Adds Eftpos As Mobile Transactions Surge

Jake Nelson October 13, 2020 No Comments

Samsung users will soon be able to use Samsung Pay for eftpos transactions thanks to a new collaboration between the manufacturer and the network, as mobile eftpos payments climb 20…

Digi-Checks For All, Big Push For 5G As Govt. Embraces Tech

Computer Daily News October 1, 2020 No Comments

CANBERRA: The Morrison Government is expanding the use of digital identity checks when accessing services online. Digital identity checks are set to be expanded under an $800 million new-technology budget…

Amazon Scanner Puts Payment In The Palm Of Your Hand

Jake Nelson September 30, 2020 No Comments

Contactless payments could become even quicker with a new palm reader from Amazon. Dubbed Amazon One, the device scans users’ palm prints for fast biometric verification, and is being rolled…

EU Looks To End Apple Pay Monopoly

Jake Nelson September 18, 2020 No Comments

The European Union is considering rules that would force Apple to open up near-field communication (NFC) payment on its devices to competing services. With iPhone and Apple Watch customers currently…

Big Deals Now Available Via Samsung Pay

Jake Nelson September 15, 2020 No Comments

Samsung has launched new Samsung Pay functionality in Australia that allows consumers to validate high-value purchases without needing to touch a PIN pad. The new Consumer Device Cardholder Verification Method…

Buy-Now, Pay-Later Boom Claimed To Cause Money Troubles

Computer Daily News September 10, 2020 No Comments

SYDNEY: The buy-now, pay later market in Australia is booming, with a growing list of providers now available in Australia. Dominating the market is Afterpay, with 3.3 million active customers…