Cards
News about card payments, including debit, credit and pre-paid cards
Featured
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Jun 24, 2026
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EFTEX celebrates 25 years after first ATM transaction
From a single ATM transaction to processing almost 200 million payments worth $30 billion a year, EFTEX is celebrating 25 years as one of the quiet achievers of Australia's payments industry.
Cards
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Jun 10, 2026
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No concessions as Melbourne turns on $2B tap transit tech and Sydney moves on
A “successful trial” of standard tap and go transit payments tech in Melbourne will finally see the service expand over the coming week - just as Sydney rapidly moves to the next generation which includes concession ticket-holders such as kids, pensioners and people with disabilities.
Cash
+2
Jun 3, 2026
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Cards remain top of the charts but is cash making a comeback?
The Reserve Bank has released the results of the 2025 Consumer Payments survey, showing that cards remain king, account-to-account adoption remains slow, and cash might be making a resurgence.
Fintech
+3
Jun 3, 2026
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Fiserv doubles down - bans its merchants from recovering fees from all networks and international tourists
While the Reserve Bank of Australia (RBA) and ACCC have only talked about surcharge restrictions for Visa, Mastercard and eftpos, US payments giant Fiserv’s Australian operation is going the whole hog - banning its unwitting merchant customers from surcharging everything from Amex, China Union Pay and Discover.
Fintech
+2
Jun 3, 2026
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Worldline stays in the frame after finalising divestment of Paymark to Cuscal
Worldline has finalised the divestment of New Zealand’s iconic EFTPOS player, Paymark, to Cuscal for $27.5 million ... but the troubled European payments services business will continue to provide tech and software to Cuscal during a transition phase.
Fintech
+1
May 27, 2026
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Afterpay’s stadium deal signals an aggressive return to the market, with Square by its side
After cutting its local workforce and settling into Australia’s new Buy Now Pay Later regulatory regime, Afterpay is fighting for a bigger slice of the market with a massive stadium sponsorship, going toe to toe with PayPal and the banks.
Banks
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May 27, 2026
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Visa ascendent in business card market as Westpac switches
Westpac moves new customers to Visa’s B2B ecosystem as the softer mortgage market focuses major banks even more intensely on business lending.
Fintech
+1
May 27, 2026
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Zii quietly enters the UK PSP market
Aussie PSP Zii has opened up shop the UK with little fanfare, joining Zeller in its pursuit of greener pastures in the British Isles.
Cash
+3
May 20, 2026
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Bank flags help catch smoke crooks, as Tyro cuts tobacco list by 30%
Bank reporting of illegal tobacco to AUSTRAC is ramping up and starting to have real world impacts, with suspect funds being confiscated after accounts were flagged by ANZ and Westpac. But there is a lot more to be done ... stores remain open and the trade continues to shift online, as illicit alcohol looms as the next big underworld threat.
Banks
+1
May 20, 2026
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Business credit is where the action (and interchange) is
Commonwealth Bank’s quarterly results show what is becoming a familiar pattern of business lending growth amongst the big bank card issuers, after NAB and Westpac also showed big spikes.
Cash
+2
May 20, 2026
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Business groups seek urgent guidance on non-card discount rules
As the surcharge ban looms, industry groups are predicting the return of cash discounts and the introduction of benefits for account-to-account payments for online transactions - but what are the rules?
Fintech
+3
May 20, 2026
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Cuscal and Tyro – A tale of two cities
Perception is everything in the financial markets and right now investors like Cuscal but have serious doubts about Tyro’s future, creating a mammoth task for CEO Nigel Lee to re-establish confidence.
