After a lot of noise in the market and a damning risk assessment from the RBA, the industry has finally ditched the 2030 BECS closure date. No new date will be nominated until the industry can demonstrate it has overcome a number of hurdles such as reach, resilience, cost and a shared vision for A2A.

The resilience of the nation’s payments system has been flagged by the RBA Payments Board as the nation’s cyber security coordinator weighed in at the AusPayNet Summit.

With the RBA interchange cut coming down the pipe next year, shoppers are being tempted this Christmas with a myriad of offers to join a growing range of loyalty schemes.

Aussie-born payments outfit Airwallex is about to venture into the POS terminal market globally, with a slick new machine to take on big players like Square, PayPal, Stripe and Adyen in 2026.

We are pleased to announce the winners of the inaugural PayDay News Awards.

On The Interchange Bench this week a monopoly goes to court, an oligopoly showers its chief, the RBA hands over more info and our very own payments commentator gets a well deserved Christmas gong.

The New Payments Platform (NPP) processed almost 2 billion transactions in the past 12 months – a 14% lift Year on Year as more use cases emerge.

There will be little rest for the payments industry this summer, as businesses, regulators and lawmakers get ready for a raft of big changes in the New Year. In the final edition of PayDay News for 2025, we look at the big changes this year, and what to expect in 2026.

Service stations and supermarkets will be required to accept cash from 1 January 2026 - but the night shift will be left cashless due to safety concerns.

Tyro is acquiring Melbourne-based fintech Thriday, an AI-powered financial management platform that automates invoicing, expense management, accounting and banking workflows.

Mint Payments and Zip Co have partnered to introduce flexible payment options for travel bookings across Mint’s merchant network.

The Federal Government will fund key agencies to quickly phase out cheques in Government, while the industry is urging consumers to cash in their cheques before the September 2029 deadline.

After 37 years of consulting for some of the nation’s biggest banks and global card schemes, the big end of town’s gun for hire Lance Blockley is hanging up his hat at The Initiatives Group (TIG) and passing on the mantle.

Australian fintech Sphere for Good and New Zealand’s HealthPost’s partnership has seen Flora & Fauna online shoppers make 11,000 contributions towards climate and biodiversity projects when ordering parcel deliveries in the lead up to Christmas.