Archive

Regulation

Aug 19, 2025

Confidential: AP+, AusPayNet A2A consultations wrap up

A joint consultation on the future vision for A2A payments in Australia by AP+ and AusPayNet has wrapped up, with 60 submissions received - none of which will be published in full.

Aug 19, 2025

Is industry hedging surcharging losses with sneaky fee increases in the booming online channel?

While debate rages on about surcharging and the significant impact on retailers in Australia, a subtle but significant trend has emerged in the card fees data.

Merchant Service Fees

Aug 19, 2025

RBA tries to head off critics of surcharge assumptions

The Reserve Bank of Australia (RBA) yesterday moved to head off criticism of the data it used in its Review of Merchant Card Payment Costs and Surcharging consultation paper.

A2A

Aug 19, 2025

Red Energy reaps savings thanks to PayTo

Red Energy has seen a reduction in card fees and call centre handling times since its collaboration with Zepto last year, according to a new case study.

Fintech

Aug 19, 2025

VC cash runs dry for retail payments fintechs

Venture capital support for retail payments fintechs continues to wither. But it’s a different story for enterprise-focused fintechs and retail players active in the wealth management and lending sectors.

Regulation

Aug 12, 2025

ACCC missing in action on anti-competitive payments deals across the public sector

The ACCC prefers to do nothing when state and federal government agencies such as Transport for NSW enter deals that stifle competition in the payments industry.

Cash

Aug 12, 2025

atmwest expands in Australia and Mauritius

atmwest is expanding its services into Australia’s larger cities and overseas - to the island nation of Mauritius.

Fintech

Aug 12, 2025

Australia’s A2A transition: governance conflicts, delays, and global lessons

Despite an RBA prompted inquiry into A2A and plenty of warnings from fintechs like Zepto and Volt, a lack of industry coordination or tough regulation looks set to keep BECS operating well beyond 2030.

Digital & Online

Aug 12, 2025

Federal judge rules Apple and Google app store payments anti-competitive

The federal court has ruled that Apple and Google’s app stores had no protections against anti-competitive behaviour.

Merchant Service Fees

Aug 12, 2025

Merchants cop more card fee increases, despite RBA pressure

Merchant fees across Australia's major payment networks have increased over the past six months, despite intensified regulatory scrutiny from the Reserve Bank of Australia (RBA).

Fintech

Aug 12, 2025

Monoova launches new A2A plugin for WooCommerce

Monoova has launched a new payments plugin for WooCommerce, enabling Account-to-Account (A2A) and traditional card payments.

Cash

Aug 12, 2025

Monthly payments data report

The RBA released its retail payments data as at June 2025 on August 7, showing declines in in-store credit card spending and New Payments Platform (NPP) growth moderating.

Fintech

Aug 12, 2025

Mutual bank executives pampered in Brisbane as Cuscal and ASL go into battle

Cuscal and ASL this week fired the opening salvos in their emerging war for outsourcing mandates in the mutual banking sector.

Fintech

Aug 12, 2025

Passkeys are the future for Azupay

Azupay has integrated passkeys across PayTo payments to provide its customers with an additional security layer which is seamless to use, amidst growing concern in the advancement of fraud tactics.

A2A

Aug 12, 2025

Privacy drives Amazon’s initial PayTo take up, while bank inconsistency is a problem

Amazon says privacy concerns with card payments is driving better than expected take up of PayTo, but some customers are being turned away because of poor and inconsistent bank onboarding experiences.

Fintech

Aug 12, 2025

Rankin departs Azupay board

Payments industry veteran Kirsty Rankin has pulled stumps on her time as a director of Azupay.

Fintech

Aug 12, 2025

Tyro trading halt awaits pending announcement

Tyro Payments has gone into a trading halt pending a further announcement expected by Thursday.

Fintech

Aug 5, 2025

Azupay partners with NAB on PayID Receivables

NAB has launched its new PayID Receivables service with a little help from Sydney based Fintech Azupay.

Merchant Service Fees

Aug 5, 2025

Coalition chaos over surcharge ban, card fees

With Treasury spokesman Ted O’Brien missing in action, mixed messages have come from coalition leadership on card payments and surcharging.

Fintech

Aug 5, 2025

European payments giant eyes Cuscal’s Aussie customers

Luxembourg-based Banking Circle is preparing to challenge Cuscal’s dominance of payments outsourcing after local regulators approved its buyout of Australian Settlements Ltd.

Fintech

Aug 5, 2025

Fiserv sued over Clover move in US

Fiserv is being sued in the US over the migration of its merchants to Clover and for allegations it misled investors about the point-of-sale’s platform growth.

Fintech

Aug 5, 2025

Quest and Coles payment terminal partnership

Quest Payment Systems has partnered with Coles Group to update its payment terminal fleet across more than 2,000 supermarkets and liquor outlets in Australia.

Cash

Aug 5, 2025

Small businesses face massive trek when Bendigo closes last branch on Tasmania’s West Coast

More than 14 months after a government inquiry made a series of recommendations about regional branch closures, the only action has been a publicity stunt by the Australian Banking Association.

Cash

Aug 5, 2025

Westpac still spruiking special fee offer to new business customers even though it will be scrapped in a few weeks

Westpac will slash the entitlements of business customers to free staff-assisted transaction services at the end of August. But that hasn’t stopped the bank from using the offer to lure new customers.

Fintech

Jul 30, 2025

Government moves on payment reform with modernisation Bill

Assistant Treasurer, Dr Daniel Mulino, has introduced legislation that paves the way for the Government to tackle payments issues such as the dominance of Apple Pay on mobile and blended rates for card payments.