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Cards

News about card payments, including debit, credit and pre-paid cards

Digital & Online

+1

Airlines lead Christmas loyalty frenzy as DJs backpedals on window displays
LockSimple

Dec 17, 2025

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Airlines lead Christmas loyalty frenzy as DJs backpedals on window displays

With the RBA interchange cut coming down the pipe next year, shoppers are being tempted this Christmas with a myriad of offers to join a growing range of loyalty schemes.

Fintech

+2

Airwallex takes on Square, PayPal, Stripe and Adyen with global omnichannel POS play
LockSimple

Dec 17, 2025

•

Airwallex takes on Square, PayPal, Stripe and Adyen with global omnichannel POS play

Aussie-born payments outfit Airwallex is about to venture into the POS terminal market globally, with a slick new machine to take on big players like Square, PayPal, Stripe and Adyen in 2026.

Fintech

+4

Blockley hangs up his payments consulting hat
LockSimple

Dec 17, 2025

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Blockley hangs up his payments consulting hat

After 37 years of consulting for some of the nation’s biggest banks and global card schemes, the big end of town’s gun for hire Lance Blockley is hanging up his hat at The Initiatives Group (TIG) and passing on the mantle.

Cash

+12

Massive year in payments but 2026 looms even larger
LockSimple

Dec 17, 2025

•

Massive year in payments but 2026 looms even larger

There will be little rest for the payments industry this summer, as businesses, regulators and lawmakers get ready for a raft of big changes in the New Year. In the final edition of PayDay News for 2025, we look at the big changes this year, and what to expect in 2026.

Fintech

+2

Mint Payments partners with Zip Co to add flexible payment options for travel merchants
LockSimple

Dec 17, 2025

•

Mint Payments partners with Zip Co to add flexible payment options for travel merchants

Mint Payments and Zip Co have partnered to introduce flexible payment options for travel bookings across Mint’s merchant network.

Merchant Service Fees

+3

Chargeback fees surge as AI reshapes online payments and merchants bear the cost
LockSimple

Dec 10, 2025

•

Chargeback fees surge as AI reshapes online payments and merchants bear the cost

Bank disputes processes are giving way to automated, opaque and more expensive fintech systems, costing merchants big dollars in fees as online sales boom.

Government

+1

Ciggies cheaper than ‘90s, as payments industry dawdles and ABS commits to collect data
LockSimple

Dec 10, 2025

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Ciggies cheaper than ‘90s, as payments industry dawdles and ABS commits to collect data

Despite promises from the payments industry to crack down on illicit tobacco sellers, punters can still use their cards to purchase a packet of illegal cigarettes, cheaper today than they were more than a quarter of century ago when Paul Keating was PM and Nirvana’s Smells Like Teen Spirit topped Australia’s Hot 100.

Digital & Online

+3

Credit card schemes face parliamentary inquiry as revolving debt hits 4 year high
LockSimple

Dec 10, 2025

•

Credit card schemes face parliamentary inquiry as revolving debt hits 4 year high

Credit card companies Visa and Mastercard will join digital wallet providers Apple Pay and Google Pay to front a new parliamentary inquiry in 2026, as Australia’s revolving credit card debt and online spending soars to new highs.

Cash

+2

Device-not-present transactions account for 85% of card payment growth
LockSimple

Dec 10, 2025

•

Device-not-present transactions account for 85% of card payment growth

The dominance of device-not-present payments continues to reshape the Australian payments landscape. The latest RBA data shows that of the $107.4 billion increase in annual card spend over the past year, $90.8 billion, 84.6% of total growth, has come from online shopping, bill payments and subscriptions.

Cards

+1

Littlepay taps Wellington, showing Australia how a city's contactless transit can be done
LockSimple

Dec 10, 2025

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Littlepay taps Wellington, showing Australia how a city's contactless transit can be done

In stark contrast to Australian transit payment project overruns and delays, Melbourne transit payments outfit Littlepay will deliver a contactless transit system for Wellington, New Zealand, for NZ$5.5 million in just six months.

Merchant Service Fees

+2

Banks fail to delay card review but could win on interchange
LockSimple

Dec 3, 2025

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Banks fail to delay card review but could win on interchange

The Reserve Bank of Australia will not bow to pressure to delay its inquiry into surcharge and card fees, but instead appears to be preparing to deliver the banks a win on interchange.

Fintech

+1

Emma Burke to steer Tyro through critical Christmas peak
LockSimple

Dec 3, 2025

•

Emma Burke to steer Tyro through critical Christmas peak

When Jon Davey leaves Tyro’s head office for the last time on Friday, the company’s CFO Emma Burke will temporarily take charge of one of the nation’s biggest acquirers for a critical five-week period – the annual peak payments period over Christmas and the Boxing Day sales.

Banks

+1

NAB completes Citibank migration, becomes nation’s super Issuer
LockSimple

Dec 3, 2025

•

NAB completes Citibank migration, becomes nation’s super Issuer

NAB just became Australia’s biggest card issuer with the completion of the Citibank migration, and now it wants relief on the Reserve Bank’s proposed interchange cuts.

Regulation

+2

Retailers call on banks to act on Illicit tobacco as revenues take a hit
LockSimple

Dec 3, 2025

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Retailers call on banks to act on Illicit tobacco as revenues take a hit

Retailers have called on the payments industry to speed up disconnections of illegal tobacco stores, as their revenues take a significant hit.

Fintech

+2

Staff get 12 month reprieve as Cuscal completes Indue deal
LockSimple

Dec 3, 2025

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Staff get 12 month reprieve as Cuscal completes Indue deal

Cuscal has completed its acquisition of Indue on schedule, and while staff get a 12 month reprieve on job cuts as we head into the holidays, Indue executives might not be so lucky.

Regulation

+3

ANZ joins tobacco fight as AUSTRAC presses remitters on child exploitation payments
LockSimple

Nov 26, 2025

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ANZ joins tobacco fight as AUSTRAC presses remitters on child exploitation payments

ANZ, like its peers and PSPs, has not revealed how many illicit tobacco merchants have been cut off, as AUSTRAC orders an audit of WorldRemit for child exploitation payments and targets others.

Fintech

+1

Cuscal celebrates ASX 1st birthday with “best IPO” award
LockSimple

Nov 26, 2025

•

Cuscal celebrates ASX 1st birthday with “best IPO” award

Cuscal celebrated its first birthday on the ASX yesterday and took out “Best IPO Listing” at the Adam Smith Awards Asia 2025 in Singapore.

Digital & Online

+2

Cuscal’s Indue deal to be finalised next week
LockSimple

Nov 26, 2025

•

Cuscal’s Indue deal to be finalised next week

Cuscal expects to finalise its acquisition of Indue next week, after clearing the last regulatory hurdle.

Digital & Online

+3

PayPal launches Xoom in Australia
LockSimple

Nov 26, 2025

•

PayPal launches Xoom in Australia

PayPal has announced the launch of its international money transfer service Xoom in Australia, promising easy and safer money transfers for PayPal customers in over 150 countries across more than 100 currencies.

Fintech

+2

Tyro cuts rates in Christmas deal with Visa and Mastercard
LockSimple

Nov 26, 2025

•

Tyro cuts rates in Christmas deal with Visa and Mastercard

Tyro’s outgoing CEO Jon Davey has handed some small business customers a fee cut from next week, lowering prices just in time for Christmas.

Fintech

+3

Aussies to sleigh holiday sales using AI as Santa’s helper
LockSimple

Nov 19, 2025

•

Aussies to sleigh holiday sales using AI as Santa’s helper

More than half of Aussies under 45 are planning to use creative AI tools to assist with holiday shopping, according to new research from PayPal.

Merchant Service Fees

+4

Big banks urge RBA to test scheme fee regulation and broaden cards inquiry
LockSimple

Nov 19, 2025

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Big banks urge RBA to test scheme fee regulation and broaden cards inquiry

The Reserve Bank of Australia (RBA) should not be deterred from regulating the scheme fees charged by Visa and Mastercard because of the possibility of litigation, according to Commonwealth Bank CEO Matt Comyn.

Regulation

+3

Comyn quits tobacco – shutting down terminals and accounts
LockSimple

Nov 19, 2025

•

Comyn quits tobacco – shutting down terminals and accounts

With ANZ Worldline also taking action, questions remain over whether Westpac and NAB are making any credible efforts.

Banks

+1

NAB races to land Citi migration by December as customers brace for rewards change
LockSimple

Nov 19, 2025

•

NAB races to land Citi migration by December as customers brace for rewards change

Former Citi customers will be migrated to the new MyCard platform but more work remains on balances and with partners, as looming RBA interchange cuts threatens existing rewards.

Merchant Service Fees

+3

US merchants win the right to surcharge credit cards as RBA mulls ban
LockSimple

Nov 19, 2025

•

US merchants win the right to surcharge credit cards as RBA mulls ban

In a moment of payments regulatory irony, a court settlement in the US may give merchants the right to surcharge costly rewards, premium and corporate credit cards, just as the Reserve Bank of Australia (RBA) looks to ban the practice here.

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