Payday Super hands AP+ the NPP volumes it has long chased | By Alex Zaharov-Reutt, Technology Reporter | | Six weeks into Payday Super, MYOB data shows payroll rhythms changed faster than expected, handing Australian Payments Plus fresh New Payments Platform volume while the risk shifts to super fund connectivity. | |
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| | Banktech, Next Payments ride cash wave as no surcharge bill shock looms | By Michael Sainsbury, Senior Business Correspondent | | The end of card surcharging on October 1 has merchants across Australia looking at ways to hand out and handle more cash. | |
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| | Governments probe non-card options as taxpayers face millions in fee bills | By Michael Sainsbury, Senior Business Correspondent | | Federal government agencies and at least two state governments are collectively looking for ways to dodge more than an estimated $100 million in card fees when credit and debit card surcharging ends on October 1. | |
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| | AusPayNet's first resilience report skips the Telstra outage | By Alex Zaharov-Reutt, Technology Reporter | | AusPayNet's first Resilience in Payments report calls preparedness an industry-wide job, but its only Australian case study is the 2023 Optus outage, not July's Telstra failure. | |
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| | Visa credit hits 1%, the largest annual fee rise of any scheme | By Peter Drennan, Senior Business Analyst | | Visa's average credit card merchant fee reached 1.00% in the June quarter, the highest since the RBA began publishing fees by scheme, and up five basis points over the year, further than any other scheme. Amex was the bigger mover in the quarter, and eftpos the only scheme merchants paid less to accept than a year ago. | |
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| | The Interchange Bench | | On The Interchange Bench this week, Brazil’s A2A network draws a tariff, a fake Matt Comyn offers us US $35 million in a Whatsapp scam, former RBA payments policy boss Tony Richards is looking for new recruits, Hello Clever gets a new legal eagle and payments industry veteran, kiwi Centrapay recruits Tim Wixon and Pyng launches rewards play. | |
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| | What can we learn from Malaysia on A2A retail? | Commentary by Warwick Ponder in Malaysia | | Ubiquitous, domestically-owned, cheaper and faster, account-to-account (A2A) retail payments are booming in Malaysia, so why isn’t it taking off in Australia? | |
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| | Customers waiting as real-time ‘future by committee’ inches forward | By Warwick Ponder, Editor | | Australia's real-time payments future is moving deeper into detailed deliberations about roadmap development, with customers still waiting to join the official conversation and regulators keep close watch. | |
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| | Reforms converge to reshape PayTo protections as demand for card alternative grows | By Warwick Ponder, Editor | | Three reforms are converging to strengthen PayTo, delivering stronger consumer protections, clearer fraud liability and greater confidence in account-to-account payments as merchants search for trusted, low-cost alternatives to cards. | |
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| | CBA says payments resilience now a competitive advantage as geopolitical risks grow | By Staff Reporter | | The Commonwealth Bank says escalating geopolitical tensions, cyber threats and artificial intelligence are transforming operational resilience from a compliance obligation into a competitive advantage for financial institutions and payments providers. | |
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