Mobile

News about mobile wallets and payment methods

Federal judge rules Apple and Google app store payments anti-competitive

The federal court has ruled that Apple and Google’s app stores had no protections against anti-competitive behaviour.

Digital & Online

Specialty is key in new era of Aussie payments consulting

With increasing complexity around digital payments, a new breed of payments consultant is emerging in Australia focusing on niche specialisations to help businesses meet new challenges.

Fintech

Coles Pay wallet locks in customers, and gathers more data

Supermarket giant Coles is preparing to ramp-up promotion of Coles Pay as its new digital wallet, marking a strategic shift in its digital payment offerings.

Digital & Online

Tyro survey shows generational shift in foodie payment habits

Almost 50% Aussies have adjusted their drinking habits due to cost-of-living pressures but Gen Zs are willing to pay more for coffee and beers, according to a new Tyro survey.

Fintech

Digital wallets continue to explode ahead of regulatory controls

Industry analysts are predicting a further 20.8% growth of digital wallet usage in Australia in 2025, while the sector remains devoid of regulatory controls.

Regulation

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

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.

Banks

tikpay team up with MineSec for cost-effective mobile-based transit

Aussie transit payment startup tikpay has selected Singapore-based MineSec to help them offer a more flexible, cost-effective and innovative mobile solution for commuters that doesn’t rely on expensive hardware.

Fintech

Least cost routing finally enabled for some Google Wallet transactions

After more than five years of lobbying from Australian small business to reduce the cost of mobile transactions, eftpos functionality and least cost routing (LCR) is finally available for some Google Wallet mobile debit transactions in Australia.

LCR

Monthly Payments Data Report

The RBA released its Retail Payments data as at November 2024 on the 10th of January. Here are the latest results.

Cash

60,000 cards may be impacted by eftpos mobile glitch on New Year’s Eve

Banks are asking 60,000 consumers to delete and reload their debit cards in mobile wallets, to ensure they still work from News Year’s Day.

Cards

August RBA Stats: Debit cards growth trends

Presented by Peter Drennan, Senior Business Analyst

Cards

Mobile soars with concerns over cost & competition

The Reserve Bank of Australia has released new data about the growth of mobile wallet card transactions, while also flagging concerns about costs and competition.

Mobile