A2A

News about Account-to-Account (A2A), PayTo, PayID, BECS and AP+

Putin’s China pitch amps up the scramble for new payment rails

Vladimir Putin’s call for a new payments system free of Western control comes as sanctions on Russia and China’s ambitions converge with a surge of new global domestic and regional networks.

Digital & Online

Same old crowd for first A2A vision roundtable ... but end users to get a say soon

A closed shop of industry and government representatives has held the first in a series of account-to-account (A2A) payment roundtables, but end users are expected to get their turn soon.

A2A

Soaring merchant fees stoke boom in payments advisers

The opacity of merchant fee pricing across the globe is spawning a wave of litigation and burgeoning demand for payments experts. One of the world’s largest merchant advisory groups, BB Merchant Services, says it is expanding its presence in the Australian market.

Cash

Bullock spruiks NPP while its key customer holds back volume

Reserve Bank Governor Michele Bullock has talked up the benefits of the New Payments Platform in Australia, while its key customer – the Federal Government - continues to hold back on moving substantial volume to the platform.

Regulation

Debit spend up, while credit pays the bills

July's RBA payment data, released on Monday, reveals diverging trends: credit cards struggle in-store but dominate bill payments, while strong debit card growth suggests returning consumer confidence in discretionary spending.

Cash

ConnectID scores top rank in Age Assurance report

Australian Payments Plus (AP+) digital ID solution, ConnectID, has achieved a top ranking in the Australian Government’s Age Assurance Technology Trial report, which confirms that age assurance can be delivered in Australia in a way that is private, efficient and effective.

Digital & Online

ATO clears way for real-time super payments

In a big win for Australian Payments Plus (AP+), the Australian Taxation Office (ATO) will require super funds to receive NPP payments from 1 July 2026, ahead of next year’s proposed payday super reforms.

A2A

NPP outages up, with ME recording 20 hours out

More than half of NPP banks had outages in the June quarter, including three of the Big Four banks.

Digital & Online

Confidential: AP+, AusPayNet A2A consultations wrap up

A joint consultation on the future vision for A2A payments in Australia by AP+ and AusPayNet has wrapped up, with 60 submissions received - none of which will be published in full.

Regulation

Red Energy reaps savings thanks to PayTo

Red Energy has seen a reduction in card fees and call centre handling times since its collaboration with Zepto last year, according to a new case study.

A2A

Australia’s A2A transition: governance conflicts, delays, and global lessons

Despite an RBA prompted inquiry into A2A and plenty of warnings from fintechs like Zepto and Volt, a lack of industry coordination or tough regulation looks set to keep BECS operating well beyond 2030.

Fintech

Monoova launches new A2A plugin for WooCommerce

Monoova has launched a new payments plugin for WooCommerce, enabling Account-to-Account (A2A) and traditional card payments.

Fintech

Monthly payments data report

The RBA released its retail payments data as at June 2025 on August 7, showing declines in in-store credit card spending and New Payments Platform (NPP) growth moderating.

Cash

Privacy drives Amazon’s initial PayTo take up, while bank inconsistency is a problem

Amazon says privacy concerns with card payments is driving better than expected take up of PayTo, but some customers are being turned away because of poor and inconsistent bank onboarding experiences.

A2A

Rankin departs Azupay board

Payments industry veteran Kirsty Rankin has pulled stumps on her time as a director of Azupay.

Fintech

Azupay partners with NAB on PayID Receivables

NAB has launched its new PayID Receivables service with a little help from Sydney based Fintech Azupay.

Fintech

ASL live with PayTo send following Luxembourg buyout agreement

Fresh from its yet to be finalised deal with Luxembourg bank Banking Circle S.A, ASL is marching ahead with its product offerings, launching PayTo send capability this week enabling its customers access to “a fast, secure and efficient payment solution”.

Fintech

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

AP+ Beem app integrates Cashrewards

Australian Payments Plus’ digital wallet Beem has integrated Cashrewards into its app, giving customers an alternative way to earn cashback on their purchases.

Digital & Online

Is now the time for merchants and Government to actively back alternative payments?

With the cost of card payments firmly in the spotlight, it seems a good time to ask - why aren't Australian merchants and regulators doing more to support and promote cheaper, alternative rails like account-to-account (A2A) payments?

Fintech

AP+’s PayTo ad campaign

Australian Payments Plus has been running a new PayTo ad campaign, highlighting the digital payment alternative as a new secure way to pay directly from your bank account using a PayID, or BSB and account number.

A2A

Australia’s record credit card surge hides a surprising twist

Credit card spending just hit a two-year high, but the real story isn't about consumers. It's about businesses on the brink.

Cash

One-click payroll and super launched by SuperAPI, Payroo and Monoova

Three fintechs have teamed up to help Aussie businesses stay ahead of regulatory change in payroll and superannuation.

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

Two consultations launched on A2A, including focus on bulk payments

AusPayNet and AP+ have today launched two consultations on A2A payments, following risks highlighted by the Reserve Bank of Australia.

A2A