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Fintech

+2

Shift4 in the frame as Cuscal moves on NZ Paymark

Apr 15, 2026

Shift4 in the frame as Cuscal moves on NZ Paymark

LockSimple

Cuscal is buying New Zealand’s answer to eftpos - Paymark – in a deal that may secure a brighter future for one of its biggest customers, Shift4, in the land of the long white cloud.

Fintech

+2

Bolt repurposes AP+ white elephant Beem after Binance setback

Apr 15, 2026

Bolt repurposes AP+ white elephant Beem after Binance setback

LockSimple

As it looks to recover from an embarrassing short-lived relationship with controversial crypto wallet Binance, Bolt Group's latest move is to give Beem a facelift and turn it into a “true everyday money app”.

THE LATEST


Merchant Service Fees

+1

Commercial card printing frenzy as banks chase interchange
LockSimple

Apr 15, 2026

Commercial card printing frenzy as banks chase interchange

Merchant Service Fees

+2

ACCC takes on Mastercard in Federal Court
LockSimple

Apr 15, 2026

ACCC takes on Mastercard in Federal Court

Merchant Service Fees

+2

The RBA killed the one tool that could help SMEs navigate the surcharge ban
LockSimple

Apr 15, 2026

The RBA killed the one tool that could help SMEs navigate the surcharge ban

The Interchange Bench

The Interchange Bench
LockSimple

Apr 15, 2026

The Interchange Bench

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TRENDING


Cash

+5

Cash still growing as ATM withdrawals hit a six-year high and debit surges
LockSimple

Apr 15, 2026

Cash still growing as ATM withdrawals hit a six-year high and debit surges

ATM withdrawals reached $9.3 billion in February, the highest single month since July 2020 when $9.7 billion was withdrawn. It is the only form of cash access still growing, up 2% annually as debit card usage continues to surge.

Merchant Service Fees

+2

Schemes allow surcharging in the US as RBA shuts the door here
LockSimple

Apr 15, 2026

Schemes allow surcharging in the US as RBA shuts the door here

In a cruel irony for Australian small businesses, Mastercard and Visa have changed the rule book in the US to allow surcharging on credit cards, just as the Reserve Bank of Australia bans the practice in Australia.

Fintech

+1

Coinbase’s green light with AFSL
LockSimple

Apr 15, 2026

Coinbase’s green light with AFSL

In an Aussie first, Coinbase will bring perpetuals, futures, options, and a full suite of financial products to one of the world's most engaged crypto markets thanks to a retail derivatives authorisation.

Cards

Bowser bandits target fuel cards and petrol pumps
LockSimple

Apr 15, 2026

Bowser bandits target fuel cards and petrol pumps

Desperate motorists have resorted to stealing fuel cards from rental cars or simply speeding off without paying for petrol.

A2A

+1

Bank lobby conflates NPP costs with cards fees ... and threatens more fees!
LockSimple

Apr 15, 2026

Bank lobby conflates NPP costs with cards fees ... and threatens more fees!

Small businesses and cardholders might soon be paying higher card fees to help the big banks’ build the New Payments Platform (NPP) and defend their profits from multinationals, according to bank lobbyists.

Fintech

+1

Delays and outlook see EML shares dive
LockSimple

Apr 15, 2026

Delays and outlook see EML shares dive

ASX listed EML’s new CEO Adam Olding faces a serious challenge after the company’s revised outlook saw shares take a big dive on Monday.

Fintech

+2

Accommodation providers look for cheaper pay options in wake of surcharge ban
LockSimple

Apr 15, 2026

Accommodation providers look for cheaper pay options in wake of surcharge ban

With Australia's planned ban on card surcharges set to take effect on 1 October, GoCardless said accommodation providers are seeking lower-cost payment alternatives to protect margins.

Digital & Online

+1

AI driven social media scam surge warning: Westpac
LockSimple

Apr 8, 2026

AI driven social media scam surge warning: Westpac

Westpac is warning Australian businesses and households to brace themselves for a “new wave of personalised, AI driven scams” this year, and wants social media platforms to step up.

Regulation

+2

Citizens left holding the bill as the government undermines its payments reform agenda
LockSimple

Apr 8, 2026

Citizens left holding the bill as the government undermines its payments reform agenda

As Canberra bans surcharges in October, a glaring loophole has been left open that hands NAB the country's biggest commercial card windfall. Taxpayers will be forced to cover the cost of expensive corporate credit cards used to pay for government services, while public servants will inflict pain on small businesses every time they open their wallets, forcing up prices.

A2A

Feedback on costly NPP bulk payments solution due today
LockSimple

Apr 8, 2026

Feedback on costly NPP bulk payments solution due today

As the industry struggles to satisfy the Reserve Bank that the New Payments Platform can deal with the Government’s high priority bulk payments for essential services including welfare, veterans, pensions and the public service payroll, Australian Payments Plus is looking for feedback on a potential fix – but it comes with a big price tag and ongoing costs.

Fintech

+3

Game on. PSPs and acquirers fight to survive in a post-surcharge world
LockSimple

Apr 8, 2026

Game on. PSPs and acquirers fight to survive in a post-surcharge world

Ahead of what is likely to be the biggest Payment Service Provider (PSP) and acquiring market shakeup in decades, Tyro, Zeller, Westpac and CBA are already wooing customers for the post-surcharging world, while ANZ remains mum on its plans for ANZ Worldline.

Regulation

+1

How the RBA created the surcharge snafu it now blames on others
LockSimple

Apr 8, 2026

How the RBA created the surcharge snafu it now blames on others

Amidst high inflation, global uncertainty and surging fuel prices, Michele Bullock announced the controversial surcharging ban last week by saying the system "no longer works as intended." What she didn't say is that she was one of the people who made it work the way it did.

Digital & Online

+1

Meta’s $10B blind spot for illegal tobacco and gangland payments
LockSimple

Apr 8, 2026

Meta’s $10B blind spot for illegal tobacco and gangland payments

Facebook and Instagram have become a digital shopfront for criminal tobacco gangs and the payment platforms, including Stripe and PayPal, that enable their operations – all delivered by Australia Post.

Merchant Service Fees

+2

“Own goal”: 87% of Aussies brace for 3.5% price hike after surcharge ban
LockSimple

Apr 8, 2026

“Own goal”: 87% of Aussies brace for 3.5% price hike after surcharge ban

New research from Money.com.au reveals that just one-third of Australians support the government's surcharge ban, with 87% expecting retailers to respond by raising prices, potentially triggering a fresh inflation spike at the worst possible time.

Fintech

+1

Platform trap: Captured SMEs exposed to card fee shock
LockSimple

Apr 8, 2026

Platform trap: Captured SMEs exposed to card fee shock

After announcing a surcharge ban on both credit and debit, the RBA’s remedy for small businesses to avoid card fee shock was to shop around for cheaper payments options. With just 176 days to run until the 1 October deadline, this simplistic economist view ignores just how deeply platform players like Xero, MYOB, Stripe, Square and Shopify have embedded themselves into Aussie businesses.

Fintech

Rubin takes local Chair for Airwallex
LockSimple

Apr 8, 2026

Rubin takes local Chair for Airwallex

Business leader and Reserve Bank of Australia Governance Board Director Elana Rubin has been appointed local Chair at Airwallex.

Cash

+4

"The fees don't disappear": voices calling foul on Australia's surcharge ban
LockSimple

Apr 8, 2026

"The fees don't disappear": voices calling foul on Australia's surcharge ban

Over the past week, commentary from across industry - Brad Kelly, the co-founder of the Independent Payments Forum (IPF), John Arnott, Director of AMP Bank Go, Jason Bryce, a Melbourne-based financial journalist and founder of CashWelcome.org, and Dr Fei Gao, Lecturer from the University of Sydney Business School - has highlighted the level of concern about the RBA’s decision during a period of high inflation and economic uncertainty.

The Interchange Bench

The Interchange Bench
LockSimple

Apr 8, 2026

The Interchange Bench

On The Interchange Bench this week Askew hangs up the Coles apron, ANZ’s Papahatzis dons the pay cap at QBE, Pyng plays “free” Fintech bingo, Monoova pokes the payments pooch for April fools, and AP+ slow releases consultation via drip feed LinkedIn.

Digital & Online

+2

As Stripe invests in Sydney Hub, is CBA about to eat its lunch?
LockSimple

Apr 1, 2026

As Stripe invests in Sydney Hub, is CBA about to eat its lunch?

While the increasingly pervasive US payments platform Stripe was busy announcing a new Sydney engineering hub in early March, Australia's biggest bank was quietly assembling the parts to compete with it head-on.

Fintech

+3

Fintechs grapple with stark no-surcharge future
LockSimple

Apr 1, 2026

Fintechs grapple with stark no-surcharge future

Following the Reserve Bank’s no surcharge decision, a gaggle of well-known fintechs including Zeller, Shift4, Zero, PayNuts, Square and Tyro may need to rebuild their business models and, in some cases, technology stacks, or risk losing massive market share back to the big banks.

Regulation

+2

Inflation fuel: RBA gifts banks and US card schemes a big win on cards fees and surcharges
LockSimple

Apr 1, 2026

Inflation fuel: RBA gifts banks and US card schemes a big win on cards fees and surcharges

Yesterday’s glossy, spin-doctored RBA announcement felt more like a corporate launch than a regulatory decision, complete with case studies, vox pops and puffed up stats to back in the central bank’s long-awaited decision. But while the banks, the ACCC and US card schemes were celebrating their lobbying efforts on interchange relief and surcharging bans, small businesses were considering how much they will need to lift prices to deal with the thousands of dollars in extra fees they will need to pay come October.

A2A

+2

Invest and coordinate: more work ahead to build real time resilience
LockSimple

Apr 1, 2026

Invest and coordinate: more work ahead to build real time resilience

Commonwealth Bank, Westpac, ANZ and NAB are among the industry players who who could make better use of “underutilised critical infrastructure” to finally unlock the power of resilience, trust and real time payments in Australia.

Regulation

+2

NZ blocks surcharge ban, UK prioritises "tackling high card fees"
LockSimple

Apr 1, 2026

NZ blocks surcharge ban, UK prioritises "tackling high card fees"

Australia's Reserve Bank will ban business from surcharging the cost of card transactions from October 1, all whilst the rest of the world grapples with reducing the impact of high merchant fees on small businesses.

Merchant Service Fees

+3

Small businesses are scratching their head at how banning surcharges can be good for them
LockSimple

Apr 1, 2026

Small businesses are scratching their head at how banning surcharges can be good for them

A wide range of businesses and small business groups are convinced that the RBA has kicked an own goal on inflation with an April Fool’s joke that is not funny.

The Interchange Bench

The Interchange Bench
LockSimple

Apr 1, 2026

The Interchange Bench

On The Interchange Bench this week, James Kozik gets the top job at Zai, NZ joins US in axing surcharge bans as RBA does the opposite, the PSP formerly known as Smartpay - Shift4 - releases results, Zero’s Lucius Orsini may need a rebrand, Zeller follows ANZ Worldline with Discover and Diners upgrade, and notorious PayDay News columnist and IPF co-founder Brad Kelly gets a gong.

Digital & Online

+1

The settlement infrastructure that triggered the fake home loans scandal is AML-free
LockSimple

Apr 1, 2026

The settlement infrastructure that triggered the fake home loans scandal is AML-free

About 90,000 new entities including property settlement monopoly PEXA, brokers, accounts, lawyers will fall under AUSTRAC compliance from July - as PEXA eyes the New Payments Platform.

Regulation

+1

Tokenisation is coming, but Australia's still got a lot of work to do: RBA
LockSimple

Apr 1, 2026

Tokenisation is coming, but Australia's still got a lot of work to do: RBA

Brad Jones laid out a roadmap for tokenised money and assets at the Australian Payments Plus Beyond Tomorrow conference. The message to industry: we've kicked the tyres, we know what works, the clock is ticking and we have a lot to do.

Regulation

+2

Unplugged Binance fined $10m for exposure
LockSimple

Apr 1, 2026

Unplugged Binance fined $10m for exposure

Binance Australia is having a bad year. After being unplugged after a short stint riding the Australian financial system via Bolt Group and Banking Circle, the company has now been fined $10 million for exposing its customers to high risk crypto products without protection and is still under an AUSTRAC investigation.

A2A

+1

US giants Mastercard and Visa eye Aussie A2A options
LockSimple

Apr 1, 2026

US giants Mastercard and Visa eye Aussie A2A options

Fresh from its acquisition of stablecoin infrastructure player BVNK, Mastercard now has its eye on Australia’s account-to-account market as it continues to expand its global tentacles into new forms of payments. And, as usual, Visa is joining the party.

Regulation

+1

BECS lifeline?
LockSimple

Mar 25, 2026

BECS lifeline?

In an effort to take the pressure off ongoing criticism from the Reserve Bank, industry is about to release its assessment of the options to upgrade the old Bulk Electronic Clearing System (BECS).

Government

+1

Coinbase asks Senate for more on debanking
LockSimple

Mar 25, 2026

Coinbase asks Senate for more on debanking

As the government looks to introduce the Digital Assets Framework Bill to regulate crypto currencies in Australia, Coinbase remains concerned about the lack of a substantive solution when it comes to debanking.

Cash

+1

Cyclone Narelle exposes Australia's cashless fragility
LockSimple

Mar 25, 2026

Cyclone Narelle exposes Australia's cashless fragility

Cyclone Narelle ripped through Cape York and slammed into the Northern Territory, affecting dozens of remote communities scattered across the Top End, including their ability to buy anything at all.

Government

+2

Express Transit mobile confusion as Victorian myki tap trial kicks in
LockSimple

Mar 25, 2026

Express Transit mobile confusion as Victorian myki tap trial kicks in

Easy access mobile payments for transit may be responsible for Victorian commuters accidently paying for fares twice.


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