Aussie eftpos moves on outage risks with Stand-in Processing but will card issuers play?

Warwick Ponder
Editor
7 Jan, 2026
In an increasingly less-cash world, Australia’s domestic card network eftpos has moved to reduce the impact of bank outages with a new Stand-in Processing feature - but will card issuers be willing to wear the risk?
Aussie eftpos moves on outage risks with Stand-in Processing but will card issuers play?

In an increasingly less-cash world, Australia’s domestic card network eftpos has moved to reduce the impact of bank outages with a new Stand-in Processing feature - but will card issuers be willing to wear the risk?

Subscriber article

This article is available to PayDay News subscribers.

trending

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 end of card surcharging on October 1 has merchants across Australia looking at ways to hand out and handle more cash.
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
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
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

RELATED STORIES ▸

AusPayNet’s first resilience report skips the Telstra outage
AusPayNet’s first resilience report skips the Telstra outage
AusPayNet’s first resilience report skips the Telstra outage
AusPayNet's first Resilience in Payments report calls preparedness an industry-wide job, but its only Australian case study is the 2023 ...
Visa credit hits 1%, the largest annual fee rise of any scheme
Visa credit hits 1%, the largest annual fee rise of any scheme
Visa credit hits 1%, the largest annual fee rise of any scheme
Visa's average credit card merchant fee reached 1.00% in the June quarter, the highest since the RBA began publishing fees ...
ATO confirms card payments review, with Amex ban talk rife
ATO confirms card payments review, with Amex ban talk rife
ATO confirms card payments review, with Amex ban talk rife
After pushing the Reserve Bank of Australia (RBA) to allow a surcharge ban, card schemes have already been ejected from ...
Stripe’s tiny fee cut won’t achieve RBA’s claimed savings
Stripe’s tiny fee cut won’t achieve RBA’s claimed savings
Stripe’s tiny fee cut won’t achieve RBA’s claimed savings
If payments behemoth Stripe’s tiny 0.05% fee cuts are anything to go by, the RBA has no chance of achieving ...
NAB, MyCard lift card fees, Coles cuts rewards as RBA date looms
NAB, MyCard lift card fees, Coles cuts rewards as RBA date looms
NAB, MyCard lift card fees, Coles cuts rewards as RBA date looms
CBA modelling has put Amex and other three-party schemes as the biggest winners from the Oct. 1 interchange caps, as ...
HSBC retail exit leaves future of Australian credit card portfolio in limbo
HSBC retail exit leaves future of Australian credit card portfolio in limbo
HSBC retail exit leaves future of Australian credit card portfolio in limbo
Just weeks after being slapped with a $35 million fine for failing to protect scam victims, HSBC's decision to exit ...

Got a story to share?

Get in touch with PayDay News today!

Advertising Enquiry

Fill out the form below, and we will be in touch shortly.

Contact Information

Got a story to share

Fill out the form below, and we will be in touch shortly.

Contact Information