Pyng makes a ripple, but the Waave seems a long way off

By Michael Sainsbury, Senior Business Correspondent

Despite all the hype only one Australian Fintech - Pyng - appears to be making small inroads into real time point of sale (POS) retail payments in the Australian market, but it has a very long way to go to challenge the dominant card schemes.

Carsales revs up $30m in sales with real time Monoova

By Staff Reporter

It has taken a while but there appears to be positive momentum towards real time payments in online car sales to address very real customer pain points like having to carry large amounts of cash, or face annoying delays with traditional bank transfers.

What does Mastercard’s five year “vision” mean for competition and fees?

By Staff Reporter

Mastercard has unveiled a five year “vision” for Australian payments, but industry experts are concerned it will reduce competition, add complexity and keep fees high.

The payments dilemma in the US tariff war

Comment

With endless talk about United States tariffs and trade imbalances over the past week, nobody in Australia is talking about the elephant in the room – United States payments, technology and tech platforms are siphoning billions of dollars from the Australian economy annually.

Payments growth slowing as commercial card debt increases

By Peter Drennan, Senior Business Analyst 

The RBA released its Retail Payments data as at February 2025 on the 7th of April.

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