PayDay News June 11

Taxpayers foot the cost of RBA’s EasyPay service

By George Lekakis, Senior Banking and Financial Services Correspondent

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

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

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

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

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

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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