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LATEST STORIES


Smartpay accepts Shift4 bid as payments sector M&A begins

Smartpay accepts Shift4 bid as payments sector M&A begins

The expected flurry of mergers and acquisitions activity has hit the Australian payments sector with Smartpay Holdings Limited agreeing to a NZ$1.20 per share all-cash takeover offer from US payments heavyweight, New York Stock Exchange listed, Shift4 Payments Inc.

Fintech

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Shuffling the deck chairs at Tyro as another exec departs

Shuffling the deck chairs at Tyro as another exec departs

Tyro’s chief growth officer has disappeared from the company’s executive team website, following the departure of Tyro CEO and Managing Director, Jon Davey.

Fintech

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Aussies cut retail spend as data shows bills soaring

Aussies cut retail spend as data shows bills soaring

Australians are not spending less, they are spending differently. That is the message coming through clearly in the latest retail payments data, which shows card use continuing to grow, but with spending increasingly directed toward essential services rather than discretionary retail.

Cards

Crypto payments arriving for Aussie merchants, bad news for cards

Crypto payments arriving for Aussie merchants, bad news for cards

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?

Digital & Online

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Nexxtap to target tradies and cafes with mobile SoftPOS

Nexxtap to target tradies and cafes with mobile SoftPOS

Brisbane-based payments fintech Nexxtap will be targeting tradies, cafes and pop up stores with its SoftPOS Tap to Phone technology.

Fintech

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PayPal hikes Australian merchant fees as revenue flatlines

PayPal hikes Australian merchant fees as revenue flatlines

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.

Merchant Service Fees

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