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NAB and AP+ warn card tokenisation closing off least-cost routing

NAB and AP+ warn card tokenisation closing off least-cost routing

NAB and Australian Payments Plus (AP+) have warned that card tokenisation could undermine the merchant benefits of least-cost routing, but differ on ...
Affirm and Shopify launch Shop Pay Installments in Australia

Affirm and Shopify launch Shop Pay Installments in Australia

Australian merchants on Shopify will have another BNPL option to pay with the launch of Shop Pay Installments. ...
The fault lines in Australia’s payments

The fault lines in Australia’s payments

Commentator Vibhu Arya breaks down the recent RBA submissions, analysing who is lobbying for what at a high level. ...
Schemes in “lockstep” to sell their surcharge bans to struggling SMEs

Schemes in “lockstep” to sell their surcharge bans to struggling SMEs

Australia’s card networks have joined forces on an industry marketing “education” campaign to sell the October surcharge ban they lobbied for, after ...
Card costs push cash-friendly Vietnam to leapfrog plastic for A2A

Card costs push cash-friendly Vietnam to leapfrog plastic for A2A

As the RBA mulls Australia’s payments future, Vietnam offers an intriguing case study: cash remains strong, while high card fees have helped ...
Banks line up against Amex as RBA weighs three-party regulation

Banks line up against Amex as RBA weighs three-party regulation

Local American Express boss Corrina Davison has found herself increasingly isolated as banks, merchants and card schemes urge the Reserve Bank to ...
RBA puts retail digital dollar on ice as tokenised wholesale push grows

RBA puts retail digital dollar on ice as tokenised wholesale push grows

Australia’s central bank sees little need for a digital dollar for consumers, but is pushing ahead with plans to reshape RITS for ...
Fintechs push RBA to open NPP access and unlock A2A competition

Fintechs push RBA to open NPP access and unlock A2A competition

Australian fintech heavyweights led by Airwallex, Adyen, Azupay and Digital Economy Council has put access to the NPP at the centre of ...
Adyen consolidates Melbourne’s Limitless payments across six Asian markets

Adyen consolidates Melbourne’s Limitless payments across six Asian markets

Melbourne-based gifting group Limitless Technology has consolidated four payment gateways onto Adyen, simplifying payments across five brands and six Asia-Pacific markets as ...
DataMesh & Castles Technology launch flagship terminals on DataMesh Satellite

DataMesh & Castles Technology launch flagship terminals on DataMesh Satellite

A collaboration between DataMesh and Castles Technology brings a range of devices to Australia, giving customers more choice. ...
Anthony Drury announced as Zenith Payments CEO

Anthony Drury announced as Zenith Payments CEO

The company has seen a reshuffle at the top, with Kevin Butler moving to CPO. ...
RBA designates Armaguard as cash pricing fight looms

RBA designates Armaguard as cash pricing fight looms

Armaguard has become the first company captured by Australia’s new cash distribution regime, giving regulators significant new powers as unresolved battles over ...

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