Australian merchants using Adobe Commerce and Magento were last week urged to apply security patches immediately after authorities warned a critical vulnerability was being actively exploited.
Coles has shut down Coles Pay but is stepping up Flybuys rewards ahead of Christmas just as Australia’s banks cut credit card perks, reframe loyalty offerings and consumers
On The Interchange Bench this week, TNS promotes PAX chief Johnson to global role, Walsh appointed pay’s marketing chief, Younes takes on platforms at Stripe, Edwards lands as
Local American Express boss Corrina Davison has found herself increasingly isolated as banks, merchants and card schemes urge the Reserve Bank to bring three-party card networks inside equivalent
Australian fintech heavyweights led by Airwallex, Adyen, Azupay and Digital Economy Council has put access to the NPP at the centre of the RBA’s regulatory review, calling for
India’s cracked the NFC tap barrier stifling A2A in Aussie retail
India’s cracked the NFC tap barrier stifling A2A in Aussie retail

India’s cracked the NFC tap barrier stifling A2A in Aussie retail

India has put account-to-account (A2A) payments behind the same tap consumers use for cards, potentially removing a critical adoption barrier that has frustrated Australian payment providers for almost a decade.
AUSTRAC crackdown is good for Aussie crypto, executives say
AUSTRAC crackdown is good for Aussie crypto, executives say

AUSTRAC crackdown is good for Aussie crypto, executives say

Crypto executives say AUSTRAC’s recent crackdowns will strengthen the industry’s legitimacy.
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TRENDING STORIES ▸

The Interchange Bench

Payments COMMENTARY ▸
November 1 is when things get messy
November 1 is when things get messy

November 1 is when things get messy

When the first post-surcharging merchant statements hit struggling small businesses on 1 November, expect a loud and ugly reaction to the bill shock. ...
The fault lines in Australia’s payments
The fault lines in Australia’s payments

The fault lines in Australia’s payments

Commentator Vibhu Arya breaks down the recent RBA submissions, analysing who is lobbying for what at a high level. ...
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THE INTERCHANGE BENCH ▸
The Interchange Bench
The Interchange Bench

The Interchange Bench

On The Interchange Bench this week, TNS promotes PAX chief Johnson to global role, Walsh appointed pay’s marketing chief, Younes takes on platforms at Stripe, Edwards lands as head of ...
The Interchange Bench
The Interchange Bench

The Interchange Bench

On The Interchange Bench this week, Tyro's Lee learns the hard way, a familiar face resurfaces at Salter Brothers, Revolut's unlikely wingman, the ATO's card trick, CBA's viral headache, and ...
A2A ▸
India has put account-to-account (A2A) payments behind the same tap consumers use for cards, potentially removing a critical adoption barrier that has frustrated Australian payment providers for almost
As the RBA mulls Australia’s payments future, Vietnam offers an intriguing case study: cash remains strong, while high card fees have helped QR-based account payments leapfrog cards.
Australian fintech heavyweights led by Airwallex, Adyen, Azupay and Digital Economy Council has put access to the NPP at the centre of the RBA’s regulatory review, calling for
New research from AP+ and Crisil Coalition Greenwich says corporate Australia is embracing real-time payments as finance leaders look beyond speed, in preparation ahead of the end of
The Reserve Bank of New Zealand (RBNZ) is seeking feedback on its payments system and ways in which to future-proof and modernise retail payments, declaring that it is
CARDS ▸
When the first post-surcharging merchant statements hit struggling small businesses on 1 November, expect a loud and ugly reaction to the bill shock.
Coles has shut down Coles Pay but is stepping up Flybuys rewards ahead of Christmas just as Australia’s banks cut credit card perks, reframe loyalty offerings and consumers
Local American Express boss Corrina Davison has found herself increasingly isolated as banks, merchants and card schemes urge the Reserve Bank to bring three-party card networks inside equivalent
NAB and Australian Payments Plus (AP+) have warned that card tokenisation could undermine the merchant benefits of least-cost routing, but differ on how far regulators should intervene and
Suncorp Bank merchants face a firm December deadline to find a new payments provider, months before 1.2 million Suncorp customers complete their broader migration onto ANZ systems and
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Topics: CASH ▸
Post office overhaul could further shrink cash and payments capability
Post office overhaul could further shrink cash and payments capability
Post office overhaul could further shrink cash and payments capability
Australia Post promises at least 4,000 retail outlets, but some already operate without cash and hundreds lack Bank@Post, raising questions ...
RBA designates Armaguard as cash pricing fight looms
RBA designates Armaguard as cash pricing fight looms
RBA designates Armaguard as cash pricing fight looms
Armaguard has become the first company captured by Australia’s new cash distribution regime, giving regulators significant new powers as unresolved ...
Despite mandating cards, cash still rules the till in Italy
Despite mandating cards, cash still rules the till in Italy
Despite mandating cards, cash still rules the till in Italy
If Australian banks are trying to kill cash, Italy offers a fascinating warning: even mandating electronic payment acceptance across virtually ...
Topics: BANKS ▸
No deposits, as ACCC puts banks on a short leash for ATM trial
No deposits, as ACCC puts banks on a short leash for ATM trial
No deposits, as ACCC puts banks on a short leash for ATM trial
The ACCC has cleared the National Australia Bank, Westpac, ANZ and Bank of Queensland to start their regional ATM experiment, ...
Double trouble: CBA glitch triggers multiple false debit card charges
Double trouble: CBA glitch triggers multiple false debit card charges
Double trouble: CBA glitch triggers multiple false debit card charges
Just days after posting a record profit, Commonwealth Bank has suffered a card processing error which saw some of its ...
Westpac NZ open banking payments top $250m as Kiwi adoption accelerates
Westpac NZ open banking payments top $250m as Kiwi adoption accelerates
Westpac NZ open banking payments top $250m as Kiwi adoption accelerates
Westpac New Zealand has passed $250 million in open banking payments as customer adoption accelerates, providing an early indication that ...
Topics: SCAMS & FRAUD ▸
Australians spared from Revolut data breach
Australians spared from Revolut data breach
Australians spared from Revolut data breach
Australian customers were not impacted after the global fintech was tricked into handing sensitive customer information to scammers raising fresh ...
ASD warns Australian online stores under active cyber attack
ASD warns Australian online stores under active cyber attack
ASD warns Australian online stores under active cyber attack
Australian merchants using Adobe Commerce and Magento were last week urged to apply security patches immediately after authorities warned a ...
AUSTRAC issues AML/CTF notices to non-enrolled businesses
AUSTRAC issues AML/CTF notices to non-enrolled businesses
AUSTRAC issues AML/CTF notices to non-enrolled businesses
Businesses that play an important role in helping detect and prevent money laundering but are not enrolled under Australia’s AML ...
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PayDay News
PayDay News
We report the issues shaping Australia's payments system

PayDay News is Australia’s leading independent payments publication. We give payments professionals, merchants and policymakers insights, commentary, analysis and data that they can’t afford to miss.

Launched in October 2024, we cover payments stories and issues at a depth that other publications simply don’t have the time, resources or expertise to match.

We cover and break news about a range of payments issues including company updates, competitive intelligence, regulation, technology, credit and debit cards, mobile wallets, cash, merchant fees, scams, fraud, schemes, networks, account-to-account (A2A), AI, open banking, crypto, stablecoins and people movements.

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