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PayDay News | Australian Payments News

A2A

News about account-to-account (A2A), PayTo, PayID, BECS and the NPP.

Zombie fraud accelerates PayTo liability upgrade

Zombie fraud accelerates PayTo liability upgrade

A $3 million Revolut zombie fraud incident appears to have accelerated an upgrade of PayTo, with a meeting of the industry’s top ...
QuickBooks taps Employment Hero as Payday Super deadline looms

QuickBooks taps Employment Hero as Payday Super deadline looms

As the clock ticks down on Payday Super and the closure of the ATO's small business clearing house, QuickBooks has turned to ...
Roundtable missive a masterclass in A2A opacity

Roundtable missive a masterclass in A2A opacity

The latest communication from the A2A roundtable said almost nothing new - a textbook case of transparency opacity from Australian Payments Plus, ...
Industry considers who pays when PayTo goes wrong

Industry considers who pays when PayTo goes wrong

More than 30 payment providers met with Australian Payments Plus (AP+) on Friday, as Revolut’s recent zombie fraud issue pushed PayTo's awkward ...
Volt and Trade Nation launch real-time payments for Australian traders, starting a global partnership

Volt and Trade Nation launch real-time payments for Australian traders, starting a global partnership

Kicking off a global launch in Australia with PayID, a partnership between Volt, Trade Nation and Praxis promises to bring A2A capabilities ...
QR, Crypto and PayTo fail to attract consumer take up despite investments: RBA

QR, Crypto and PayTo fail to attract consumer take up despite investments: RBA

Continuing investment and marketing spend on QR, Crypto and PayTo payments have failed to convince consumers to walk away from the convenience ...
Cards remain top of the charts but is cash making a comeback?

Cards remain top of the charts but is cash making a comeback?

The Reserve Bank has released the results of the 2025 Consumer Payments survey, showing that cards remain king, account-to-account adoption remains slow, ...
AP+ compliance breaches shrouded in secrecy as incident concerns rise

AP+ compliance breaches shrouded in secrecy as incident concerns rise

A published "naughty list" of NPP breaches fails to properly name the companies responsible or the penalties applied, despite increasing concern about ...
Box seats for A2A faithful as AP+ opens the kimono at PSP forum

Box seats for A2A faithful as AP+ opens the kimono at PSP forum

A large group of account to account (A2A) fintechs including Azupay, Bolt Group, Constantinople, DSPANZ, Fat Zebra, Flash Payments, Fusion Pay, Global ...
No return date for Revolut PayTo as company clams up in wake of $3m social media zombie fraud

No return date for Revolut PayTo as company clams up in wake of $3m social media zombie fraud

Wannabe Aussie bank Revolut has declined to name a date for the return of its PayTo service after 250 of its “dormant” ...
Cuscal and Tyro – A tale of two cities

Cuscal and Tyro – A tale of two cities

Perception is everything in the financial markets and right now investors like Cuscal but have serious doubts about Tyro’s future, creating a ...
Merchant fees hit record highs as card spending surges

Merchant fees hit record highs as card spending surges

Visa and Mastercard credit card merchant fees both reached 0.99% in the March quarter - the highest levels on record - while ...

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Zombie fraud accelerates PayTo liability upgrade

RBA downgrades RITS governance

Peaking too early – beware premature terminal offers

NAB launches Nexus hub as cyber threats surge

Payments win as Hello Clever dominates Finnies

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