Aussies have 25% chance of being hit by significant payments outages, data shows

By Peter Drennan, Senior Business Analyst

How likely is a major payments out for Aussie consumers and businesses?

We have the new data on retail payments service reliability that shows you have about a 25% chance of being hit this year.

Victorian Open Loop transit may begin in 2026, with 20k readers on order

By Warwick Ponder, Associate Editor

The Victorian Government is upbeat about the roll out of debit and credit card Open Loop payments for its public transport services from next year, despite rumours that its contractor, Conduent, is up sale and tens of thousands of readers are still to be delivered.

RBA looking closely at “free” blended rates marketing

By Staff Reporter

The Governor of the Reserve Bank, Michele Bullock, says the marketing of blended card fees as a free service to merchants is an “unexpected consequence” of the current surcharging rules that is being carefully considered.

MP urges Treasurer and RBA to act on blended debit card pricing

By Staff Reporter

A Labor backbencher has written to the Treasurer and Reserve Bank of Australia demanding they close a “loophole” in payments regulation that enables payments service providers to charge “excessive” fees via blended rates.

Card fee campaigner MP, Jerome Laxale says he’s had enough of high merchant fees levied on Australian small business and wants a solution.

AUSTRAC eye tougher onboarding for banks - passport or birth certificate requirement draws criticism from industry

By Luke Raven, Financial Crime Expert

Opening a bank account could be about to become a lot tougher for Australians under proposed changes to laws intended to disrupt financial crime.

Zeller claims 20k new customers while launching bank-like services for start ups

By Staff Reporter

Payments Service Provider (PSP) Zeller this week reported it had grown its small business customer base to 85,000, while launching a range of bank-like products aimed at Australian start-ups and founders.

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