FEATURED

Digital & Online

Feb 4, 2026

RBA outage delays some payments for four days

Pays were late and property settlements delayed after a 7 hour Reserve Bank outage last week caused flow-on impacts across the industry for up to four days.

Fintech

Feb 4, 2026

Growing pains. Square wants scheme regulation as it expands market focus

The US-based group is celebrating 10 years in the Australian market and says more regulation is needed on card schemes as it shifts gears to chase bigger merchants.

THE LATEST

A2A

Feb 4, 2026

AP+ scales up cybersecurity defences

Digital & Online

Feb 4, 2026

Australia’s near $1 billion card fraud problem sees only slight decline

Feb 4, 2026

Mastercard rollout shows AI shopping has reached the checkout

The Interchange Bench

Feb 4, 2026

The Interchange Bench

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Binance deposits play unplugged

Just two weeks after embattled crypto exchange Binance re-launched direct dollar deposits and withdrawals via PayID and bank transfers in the Australian market, the service appears to have been switched off.

Cash

Feb 4, 2026

Alan Townsend appointed CEO of EFTEX

Australian-based payments services provider EFTEX has announced Alan Townsend as their new Chief Executive Officer.

Regulation

Feb 4, 2026

Show me the money! Supermarket rewards face new disclosures

Loyalty programs at Woolworths and Coles could be subject to additional regulation, forcing the grocery giants to explain the monetary value of rewards points every six months.

Fintech

Feb 4, 2026

LemFi aims for booming Australian remittance market

LemFi is launching remittance services to Australian residents – firmly targeting what it says is one of the world’s fastest-growing and most important outbound remittance markets, worth $56.6 billion.

Digital & Online

Feb 4, 2026

ATO reprieve! Rules relaxed for payday super’s complex first year

The ATO has relaxed its compliance requirements for the introduction of payday super on 1 July, recognising the complexity of implementation for some employers.

Fintech

Jan 28, 2026

AUSTRAC audit clouds Airwallex IPO and highlights cross-border regulatory risk

The planned float of Australian fintech Airwallex has been thrown into doubt after AUSTRAC ordered an independent audit over concerns its payments systems may be failing to detect serious financial crime, including child sexual exploitation — sharpening investor focus on governance and bank relationships.

Fintech

Jan 28, 2026

Banking Circle zeros in on fintech with NPP commitment

New-look Banking Circle Australia is bolstering its fintech play to compete directly with Cuscal - firmly backing in its commitment to the New Payments Platform (NPP), including cross-border payments.

Banks

Jan 28, 2026

NAB scam warning: social media & high-profile Aussies

Criminals impersonating well-known Australians - including nabtrade market analyst Tom Piotrowski - are increasingly using social media to lure people into investment scams and rip them off, according to NAB.

Fintech

Jan 28, 2026

Now processing $3.7 trillion - Global Payments acquires Worldpay

Global Payments is the new payments behemoth – emerging from its integration with Worldpay processing a combined 94 billion transactions a year.

A2A

Jan 28, 2026

NPP upgrades for growth despite BECS hurdles

While the BECS transition has hit some hurdles, the New Payments Platform (NPP) is getting ready for its next growth phase, with a capacity uplift and message updates designed to steer more traffic to the platform.

The Interchange Bench

Jan 28, 2026

The Interchange Bench

On The Interchange Bench this week John Edgar moves to Stripe, atmx teams up with NSA, AP+’s annual powwow begins to take shape, Banking Circle Australia takes on a new CFO, and Scott Wilson heads back to Visa.

Government

Jan 28, 2026

Victoria’s $1.7B late open loop transport finally ... in testing!

After three long years, delays, overruns and a $1.7 billion spend, Victorians are finally a step closer to “testing” their credit and debit cards on public transport – but it’s going to a be a slow rollout.

Merchant Service Fees

Jan 28, 2026

Will American Express cop more regulation?

The combination of the RBA review into card fees and the House inquiry into credit cards and digital payments have increased calls to beef up the regulation of American Express in Australia.

Fintech

Jan 21, 2026

Azupay PayID option now available to Scoot customers

Australian payments tech Azupay has partnered with Singapore Airline’s low-cost subsidiary Scoot, allowing Australian customers to access PayID as a new payment option for account-to-account transactions at checkout.

Digital & Online

Jan 21, 2026

B2B virtual cards – risk tool and growth engine

The inherent risks associated with the booming digital economy have birthed a fast growing, lucrative and almost invisible payments ecosystem in business to business (B2B) virtual card payments and AI tools.

Merchant Service Fees

Jan 21, 2026

Cashflow crisis - small business faces finance double whammy on July 1

There are growing calls from small business groups for delays, carve outs and more comprehensive regulatory reform as new rules for super and surcharging threaten an already precarious economic environment for the sector.

Digital & Online

Jan 21, 2026

“Corrective action” - grip tightens on gaming and dodgy payments

Fresh moves in New Zealand to launch regulated online gaming in 2026 have spun the spotlight back on Australia’s networks, with Australian Payments Plus (AP+) taking tough “corrective action” to stop unlawful activity on NPP.

Fintech

Jan 21, 2026

Lyndall Rose and Shane Fryer join Monoova executive

Monoova has topped up its executive team with new talent, bringing in ex-Police Bank CIO Lyndall Rose as Chief Operating Officer, and former ANZ Worldline compliance boss, Shane Fryer as Chief Risk Officer.

Digital & Online

Jan 21, 2026

Macquarie tackles payment queries with AI ‘Q’

Macquarie Bank says its new AI customer service agent Q has the ability to answer commonly asked payments questions.

The Interchange Bench

Jan 21, 2026

Regulators focus on Apple Pay, AP+ resources up, Airwallex seeks praise and NZ finds its own rewards

On The Interchange Bench this week, Apple Pay faces a big year with Aussie regulators, AP+ resources up for its roadmap, Airwallex looks for influence in all the wrong places, New Zealand finds rewards relief with less interchange and Fredericks jumps to Visa.

Fintech

Jan 21, 2026

Square using machine learning and AI to cut off illicit tobacco

While a group of payments providers are actively working to help stop criminals, others appear to be sanguine, with well-known terminal providers still very visible in illegal tobacco and vape stores.

Fintech

Jan 21, 2026

Teething issues as embattled Binance bounces back with PayID via Bano

Embattled crypto exchange Binance Australia is again offering direct Australian dollar deposits and withdrawals via PayID and bank transfers - but customers say there are teething issues.

Fintech

Jan 21, 2026

Thredd and Paywith power grocery loyalty and rewards on prepaid

Thredd is partnering with Sydney-based payment orchestration platform Paywith to launch a new prepaid card program for loyalty and rewards with a “large Australian grocery retailer”.

Digital & Online

Jan 14, 2026

Apple Pay slips eftpos inside apps as Canberra circles wallet costs

As Canberra sharpens its focus on the rising cost and market power of digital wallets, Apple has quietly moved to head off some of the pressure by adding eftpos to its in-app payments.

Cash

Jan 14, 2026

Australian card payments cross $1.1 trillion milestone

Australian card payment volumes have crossed the $1.1 trillion threshold for the first time, reaching $1.105 trillion over the past 12 months. The milestone reflects continued growth in consumer card usage.

Fintech

Jan 14, 2026

Banking Circle wants to help paytechs move in and out of Australia

Banking Circle Australia sees its international experience and overseas market know-how as a key differentiator as it moves to tackle its market rival, Cuscal, head on in 2026.

Merchant Service Fees

Jan 14, 2026

Credit card companies face Canberra scrutiny in early 2026 as Trump calls for US interest rate cap

As the Australian Parliament readies for its first inquiry into credit cards in over a decade, US President Donald Trump has called for a one-year cap on credit card interest rates at 10 per cent.

Fintech

Jan 14, 2026

Merchant Warrior takes on Asia with Nomupay partnership

Brisbane-based payment gateway Merchant Warrior has announced a partnership with global fintech Nomupay to bring its platform to customers in Hong Kong, Thailand, Malaysia, and the Philippines.

The Interchange Bench

Jan 14, 2026

Monnington takes the antipodes, Tyro looks to Asia and AMEX sparks a terminal tiff

This week on The Interchange Bench, Mastercard’s Monnington takes on the antipodes, as Tyro’s new boss appeals to Asia, investors get the RBA rattles, Benton gets a gig at Findi and AMEX encourages premium angst at the checkout.

A2A

Jan 14, 2026

NPP bulk solution in play, as AP+ moves to capture government payments on NPP

Australian Payments Plus (AP+) is working on a solution to process massive bulk payments files, as it tries to capture government payments - like welfare - and secure the BECS closure.

Fintech

Jan 14, 2026

Strapped for cash? Sports sponsorship payments influence that never shows up in the register

The major card schemes and big banks are ubiquitous in their sponsorship of Australia’s major sporting codes and events but hide behind the sporting codes administrators as they wield influence.

Fintech

Jan 14, 2026

Wisr and partners test tokenised assets within RBA’s Project Acacia

Sydney fintech Wisr has teamed up with NotCentralised, Redbelly Network and AMAL to demonstrate how tokenisation can simplify and streamline access to capital markets.

A2A

Jan 7, 2026

A2A Roundtable to consult with end users next month – finally

The fourth meeting of the A2A Payments Roundtable was held last month in Sydney but broader stakeholders and end users will need to wait until at least next month to have a say.

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FEATURED

RBA outage delays some payments for four days

Growing pains. Square wants scheme regulation as it expands market focus

THE LATEST

AP+ scales up cybersecurity defences

Australia’s near $1 billion card fraud problem sees only slight decline

Mastercard rollout shows AI shopping has reached the checkout

The Interchange Bench

STAY UP-TO-DATE WITH THE LATEST PAYMENTS NEWS

TRENDING

Binance deposits play unplugged

Alan Townsend appointed CEO of EFTEX

Show me the money! Supermarket rewards face new disclosures

LemFi aims for booming Australian remittance market

ATO reprieve! Rules relaxed for payday super’s complex first year

AUSTRAC audit clouds Airwallex IPO and highlights cross-border regulatory risk

Banking Circle zeros in on fintech with NPP commitment

NAB scam warning: social media & high-profile Aussies

Now processing $3.7 trillion - Global Payments acquires Worldpay

NPP upgrades for growth despite BECS hurdles

The Interchange Bench

Victoria’s $1.7B late open loop transport finally ... in testing!

Will American Express cop more regulation?

Azupay PayID option now available to Scoot customers

B2B virtual cards – risk tool and growth engine

Cashflow crisis - small business faces finance double whammy on July 1

“Corrective action” - grip tightens on gaming and dodgy payments

Lyndall Rose and Shane Fryer join Monoova executive

Macquarie tackles payment queries with AI ‘Q’

Regulators focus on Apple Pay, AP+ resources up, Airwallex seeks praise and NZ finds its own rewards

Square using machine learning and AI to cut off illicit tobacco

Teething issues as embattled Binance bounces back with PayID via Bano

Thredd and Paywith power grocery loyalty and rewards on prepaid

Apple Pay slips eftpos inside apps as Canberra circles wallet costs

Australian card payments cross $1.1 trillion milestone

Banking Circle wants to help paytechs move in and out of Australia

Credit card companies face Canberra scrutiny in early 2026 as Trump calls for US interest rate cap

Merchant Warrior takes on Asia with Nomupay partnership

Monnington takes the antipodes, Tyro looks to Asia and AMEX sparks a terminal tiff

NPP bulk solution in play, as AP+ moves to capture government payments on NPP

Strapped for cash? Sports sponsorship payments influence that never shows up in the register

Wisr and partners test tokenised assets within RBA’s Project Acacia

A2A Roundtable to consult with end users next month – finally

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