Crypto payments arriving for Aussie merchants, bad news for cards | ||
By Michael Sainsbury, Senior Business Correspondent | ||
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Crypto payments may be about to go mainstream in Australia, with Stripe releasing tools for merchants to accept stablecoins. What does it mean for the big card schemes? | ||
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PayPal hikes Australian merchant fees as revenue flatlines | ||
By George Lekakis, Senior Banking and Financial Services Correspondent | ||
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For many years PayPal has been a leading online processor of merchant transactions. However, recent financial disclosures indicate that the company is losing ground in the Aussie payments market to Stripe and others. | ||
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ASIC and the RBA stare down ASX after serious failures | ||
By Warwick Ponder, Editor | ||
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ASIC has announced an Inquiry into Australian Securities Exchange (ASX) group, while the Reserve Bank of Australia explores regulatory options to “ensure CHESS Replacement is designed with an appropriate level of resilience for critical financial market infrastructure”. | ||
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Premium credit card chats on internet forums. Where facts go to die. | ||
Opinion By Brad Kelly, Payments Commentator | ||
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If you spend any time on internet forums talking about the value of premium credit cards, you will stumble across any number of self-styled experts who willingly dish out advice but are just cosplaying. | ||
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Scheme fees in Europe’s spotlight after 10 yrs of fee cap failures | ||
By Staff Reporter | ||
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A group of prominent European retailers has renewed calls to regulate fees charged international card schemes (ICS) on card transactions, saying a lack of controls is seriously undermining efforts to reduce the cost of card payments. | ||
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Want to SMS a payment? ANZ Worldline launches “no fuss” Pay by Link | ||
By Staff Reporter | ||
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ANZ Worldline Payment Solutions has launched Worldline Pay by Link, a new, secure and convenient way to take payments online via a simple text message, social media chat or email. | ||
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Webjet’s Motorhome Republic to offer PayTo via Volt | ||
By Staff Reporter | ||
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Webjet’s Motorhome Republic is the latest travel company to launch PayTo in Australia in an effort to reduce card fees, after Australia Payments Plus said it would consider consumer protections later this year. | ||
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Older Australians targeted by new deposit scams | ||
By Staff Reporter | ||
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Older Australians are particularly vulnerable to a range of new deposit scams, according to Bendigo Bank. | ||
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Nexxtap to target tradies and cafes with mobile SoftPOS | ||
By Staff Reporter | ||
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Brisbane-based payments fintech Nexxtap will be targeting tradies, cafes and pop up stores with its SoftPOS Tap to Phone technology. | ||
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