Taxpayers foot the cost of RBA’s EasyPay service | ||
By George Lekakis, Senior Banking and Financial Services Correspondent | ||
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In 2021 the Reserve Bank gave banks 12 months to roll out least-cost routing for card-not-present payments. However, in 2025 the RBA-managed online payments platform - EasyPay – still hasn’t processed an eftpos transaction. | ||
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With a little luck, AP+ may launch eftpos Click To Pay for online payments next year | ||
By Warwick Ponder, Editor | ||
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With a bit of luck and some tough negotiations, Aussie online shoppers may be able to use eftpos Click To Pay from next year, complete with integrated least-cost routing (LCR) to reduce costs for merchants. | ||
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Card growth slows, but credit debt not yet getting out of hand | ||
By Peter Drennan, Senior Business Analyst | ||
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This week the RBA released its Retail Payments data to April 2025. Here are the latest results. | ||
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RBA looks for RITS risk expert following assessment update | ||
By Staff Reporter | ||
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The Reserve Bank of Australia has advertised for a new risk management officer for payments settlements, following an update on 2024 recommendations on the Reserve Bank Information and Transfer System (RITS). | ||
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HICAPS integration helps 6,000 medical clinics with faster and simpler payments | ||
By Staff Reporter | ||
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NAB’s HICAPS is being integrated with leading practice management software, Best Practice, to make claiming card transactions and reconciliations faster, simpler and easier for GPs, clinics and patients. | ||
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Luxury Escapes signs up for PayID via Azupay | ||
By Staff Reporter | ||
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Travel website Luxury Escapes has partnered with Azupay to offer PayID as a payments option for online holiday bookings without card surcharges or manual bank account transfers. | ||
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