The Woolies transaction that sparked a $1 trillion revolution in Aussie card payments | By Warwick Ponder, Editor | | After processing the first EFTPOS transaction back in 1984, Woolworths sparked an electronics payments revolution that now sees Australians make more than $1 trillion in card payments a year. Forty two years on and WPay Managing Director Chris Mills said Woolworths’ payments ethos remains the same – giving customers choice and convenience. | |
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| | | | From click-clack to tap-and-go | By Simon Greig, Payments Expert | | Forty-two years ago, the first electronic ‘eftpos’ transaction occurred on a Westpac Handicard at a Woolworths Supermarket. Payments expert, engineer and industry veteran Simon Greig explains exactly what that involved and why it matters. | |
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| | How eftpos changed the way Australians pay | | Australian Payments Plus (AP+) General Manager Retail Payments, Colin Sultana explains that the first eftpos transaction marked the beginning of electronic payments in Australia – demonstrating, for the first time, how funds could move digitally between a card-issuing bank and a merchant. | |
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| | | | CBA and the evolution of Aussie payments | | As the biggest player in the market, the Commonwealth Bank has been at the forefront of electronic payment milestones for the past 40 years, supporting Australians to adapt to the ever-changing payments landscape. The bank's payments leaders, Albert Naffah and Alison Chang, take a close look at the payments evolution. | |
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| | From cheque books to agentic AI: Global Payments looks at how Australia's payments system grew up | By Alex Zaharov-Reutt, Technology Reporter | | Forty-two years after Australia's first eftpos payments was made in a Sydney supermarket, Global Payments, Head of Integrated and Platforms for APAC, Masseh Haidary, looks at how the payments world has changed - Australians now tap watches, scan QR codes, ride the NPP and argue about surcharges. The infrastructure underneath all of that? Still evolving, still contested, still fascinating. | |
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| | New eftpos brand campaign | By Rachel St Clair, Reporter | | Australian Payments Plus (AP+) has launched a new eftpos merchant brand campaign, coinciding with the 42nd anniversary of the first electronic card payment. | |
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| | First with Apple Pay and an early investor in NPP, ANZ strives for innovation | | ANZ’s Managing Director Transaction Banking, Lisa Vasic, explains that as the first bank to introduce Apple Pay to the local market, ANZ continues to drive innovation in the payments ecosystem. | |
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