The economics of A2A: the “fee free” illusion in real time retail | By Michael Sainsbury, Senior Business Correspondent | | Comparisons with other territories used to push A2A retail business cases in Australia are misleading. In reality, buying a coffee, beer or train ticket is most likely cheaper with a debit card on your mobile. | |
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| | Bluesfest collapse triggers refund confusion | By Michael Sainsbury, Senior Business Correspondent | | Due to a rare ticketing arrangement Stripe and PayPal are now on the hook for millions in refunds via delayed card chargebacks, after the merchant, Bluesfest Enterprises, went belly up. | |
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| | With scammers riding roughshod on its network, Telstra teams with banks to catch mules | Commentary by Alex Zaharov-Reutt, Technology Reporter | | Telstra just announced it's teaming up with ANZ, NAB and Westpac to hunt money mules – people who shuffle stolen cash through their bank accounts on behalf of criminal networks. But why can’t the telco block dodgy callers and messages riding the network in the first place, like Samsung does? | |
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| | Little action on illicit tobacco instore and online payments as “wars” escalate | By Michael Sainsbury, Senior Business Correspondent | | With illegal tobacco being couriered around the country by Australia Post on the back of online payments, only CBA and Tyro appear to be taking noticeable action as the Federal Coalition sets up its own tobacco taskforce. | |
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| | The Interchange Bench | | On The Interchange Bench this week, Bolt Group expands to New Zealand with the help of ex-PM John Key but no Binance yet. Block sees double on Finnies judging panel, CBA’s Albert Naffah among the stars in the eftpos show next week, CBA Chair, Paul O’Malley, calls out US AI tech drain without Mastercard mention, Amex turns up the heat on business card points and the RBA searches for a digital and content guru. | |
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| | Rare debit surcharge slap for Hyatt just days away from RBA decision | By Warwick Ponder, Editor | | More than 18 months after receiving $2.1 million in funding for surcharging surveillance, the competition regulator has finally taken action. | |
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| | Payments most powerful - a year of tough decisions for the PSB | Commentary by Gabby Taylor, Senior Education Correspondent | | It is a very busy and critical time for payments most powerful decision-makers, but with delays in decisions, extra scrutiny from the economics committee, and a member’s term ending in December, interest is swirling about the RBA’s Payments System Board. | |
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| | US Ripple buys remnants of BC Payments for Aussie licence | By Warwick Ponder, Editor | | US crypto outfit Ripple is buying the remnants of Banking Circle’s original Australian entity, BC Payments Australia, to obtain an Australian Financial Services License (AFSL) quickly. | |
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| | Will Swift’s deal with Australia’s big banks fix cross-border payments? | By Alex Zaharov-Reutt, Technology Reporter | | Commonwealth Bank, ANZ, NAB, and Westpac have joined a new Swift framework promising faster, cheaper, more transparent international payments. It's a big coalition, a polished launch, and a genuinely ambitious global rollout. It's also a story with some conspicuous gaps. | |
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| | Consultation looks at PSPs, ePayments Code powers and unclaimed funds | By Warwick Ponder, Editor | | Treasury has launched a consultation on new legislation for payments service providers (PSPs), including a power to make rules for a mandatory and revised ePayments Code and new controls for unclaimed monies. | |
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| | Debit cards hit 77% of volume and 70% of in-store purchase value for first time | By Peter Drennan, Senior Business Analyst | | Australian consumers continued their shift towards debit cards in January 2026, with debit reaching 77% of volume and a milestone 70% share of in-store card purchase value for the first time on record. | |
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| | Revolut introduces PayTo for Australian customers | By Rachel St Clair, Reporter | | Revolut says its has found a simpler solution for its customers paying pesky utility bills and online subscriptions. With PayTo, consumers can now view, pause or cancel recurring payment agreements within their app. | |
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| | CHOICE: banks not doing their bit to stop financial elder abuse | By Rachel St Clair, Reporter | | A CHOICE report has found that most banks aren’t complying with their own industry code of practice to stop elder financial abuse - costing vulnerable people several billions of dollars a year. | |
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