Urgency around Apple’s control over mobile wallets in Australia intensifies with EU fine

By Michael Sainsbury, Senior Business Correspondent

Apple’s €500 million (AUD$887 million) fine by the European Union last week for antitrust violations linked to its App Store policies has reignited scrutiny of the technology giant’s struggles with regulators worldwide including Australia over its control of mobile payment systems and Near Field Communication (NFC) technology.

Chemist Warehouse and others roll out A2A QR payments with ShopBack and NAB-backed Banked – again!

By Staff Reporter

With much fanfare and razzle-dazzle, Chemist Warehouse has again announced the rollout of its long-awaited A2A QR code option for the third time, powered by ShopBack, and NAB-backed UK fintech, Banked (which recently bought Waave).

Businesses face fines of up to $2m in ACCC surcharge crackdown

By Staff Reporter

After years of inaction on card surcharging, the Australian Competition and Consumer Commission (ACCC) has chosen the final week of the election campaign to warn small business it’s cracking down - despite nothing being done about the high fees they are charged by banks and PSPs compared to big business.

Wild ride for Aussie payments outfits set to continue

Commentary by Brad Kelly

The last 12 months has seen significant volatility in the share price of Australian publicly listed payments companies, and we haven’t seen the end of this unpredictability.

Locally-focused IPSI certificated “Australian Made”

By Staff Reporter 

A quiet achiever in Australian payments industry, IPSI, has certified its products and services to carry the “Australian Made” logo, sending a strong message to the market about its local focus.

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