A2A
News about Account-to-Account (A2A), PayTo, PayID, BECS and AP+
Fintech
+1
May 6, 2026
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Revolut shuts down PayTo after “incident”
Wannabe Aussie bank Revolut has turned off PayTo following an unexplained incident, with its New Payments Platform (NPP) access provider - understood to be Banking Circle - AP+ and regulators clamming up when approached for comment.
Fintech
+1
Apr 29, 2026
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Ant International & Citi launch PayTo for Australian SMEs
Ant International and Citi plan to launch PayTo on Ant’s service in Australia aimed directly at the small business market.
Fintech
+2
Apr 22, 2026
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Global processor Paymentology partners with Cuscal and Constantinople to expand into Australia
Global issuer-processor, Paymentology is expanding down under forming strategic partnerships and marking a significant milestone in its global expansion strategy.
Fintech
+1
Apr 22, 2026
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Mystery to shroud BECS future until July: AusPayNet
Despite potential impacts on NPP-centric fintechs and other payments stakeholders, AusPayNet won’t make public the results of its assessment of options to upgrade the Bulk Electronic Clearing System (BECS) until July.
A2A
+1
Apr 22, 2026
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Why the Government won’t move to NPP except in emergencies
The Reserve Bank has told a Parliamentary Inquiry why Government agencies aren’t moving to the New Payments Platform except in emergency situations - and it’s still all about bulk payments, reach, resilience and cost.
A2A
+1
Apr 15, 2026
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Bank lobby conflates NPP costs with cards fees ... and threatens more fees!
Small businesses and cardholders might soon be paying higher card fees to help the big banks’ build the New Payments Platform (NPP) and defend their profits from multinationals, according to bank lobbyists.
Cash
+5
Apr 15, 2026
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Cash still growing as ATM withdrawals hit a six-year high and debit surges
ATM withdrawals reached $9.3 billion in February, the highest single month since July 2020 when $9.7 billion was withdrawn. It is the only form of cash access still growing, up 2% annually as debit card usage continues to surge.
A2A
+2
Apr 1, 2026
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Invest and coordinate: more work ahead to build real time resilience
Commonwealth Bank, Westpac, ANZ and NAB are among the industry players who who could make better use of “underutilised critical infrastructure” to finally unlock the power of resilience, trust and real time payments in Australia.
A2A
+1
Apr 1, 2026
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US giants Mastercard and Visa eye Aussie A2A options
Fresh from its acquisition of stablecoin infrastructure player BVNK, Mastercard now has its eye on Australia’s account-to-account market as it continues to expand its global tentacles into new forms of payments. And, as usual, Visa is joining the party.
Fintech
+1
Mar 25, 2026
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Merger abandoned amid A2A uncertainty
Plans for a merger of Monoova and Zai have been abandoned for now, but the need for consolidation in the uncertain account-to-account (A2A) paytech sector continues.
Cash
+4
Mar 18, 2026
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Debit cards hit 77% of volume and 70% of in-store purchase value for first time
Australian consumers continued their shift towards debit cards in January 2026, with debit reaching 77% of volume and a milestone 70% share of in-store card purchase value for the first time on record.
Fintech
+1
Mar 18, 2026
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Monoova launches FX Hub while merger rumours grow
Amid increased chatter about a merger, Australian paytech Monoova has launched a new platform bringing domestic collections, foreign exchange conversion, funding, and settlement into a single automated flow.
Fintech
+1
Mar 18, 2026
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Revolut introduces PayTo for Australian customers
Revolut says its has found a simpler solution for its customers paying pesky utility bills and online subscriptions. With PayTo, consumers can now view, pause or cancel recurring payment agreements within their app.
A2A
+1
Mar 11, 2026
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Macquarie wields PayID in catch up rental payments
By launching PayID on DEFT, Macquarie Bank is matching CBA and RentPay on real time payments – strengthening its ongoing campaign to dominate the $85bn-a-year rental payments market.
