Cards
News about card payments, including debit, credit and pre-paid cards
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.
Banks
+1
Mar 11, 2026
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Is Matos’ next move to ramp up or sell off ANZ Worldline and the Suncorp merchant business?
Well-versed in the art of acquiring, ANZ’s Nuno Matos now faces a payment headache – what to do with Suncorp’s 3,000 merchant customers, and his troublesome joint venture partner Worldline.
Fintech
+3
Mar 4, 2026
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Blended rates, fintech carve-outs and a trillion-dollar gatekeeper: who really pays?
Australia's parliamentary payments inquiry stripped back the complexity to expose three uncomfortable truths: small businesses are subsidising the system, fintechs want exemptions that would make it worse, and Apple won't even say what it charges.
Fintech
+1
Mar 4, 2026
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Mixed results for listed pay firms, with Tyro and Cuscal profits up, revenue slower
BNPL player Zip is now heavily dependent on its US business and like Beforepay, it is struggling to impress investors.
Cards
+1
Mar 4, 2026
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No new pay Apps on iPhone NFC! But Apple says Aussie developers are “well down the path”
While “numerous” developers have been allowed to work on Apple’s prized NFC chip in Australia, the tech giant has told a parliamentary inquiry that a new payments app is yet to emerge.
Fintech
+9
Mar 4, 2026
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ParliPay - hours of action-packed TV with a pinch of fiction
Last week I spent two days watching the parade of banking and payment seniors strut their stuff in Canberra at the House Economics Committee – the ParliPay hearings.
Fintech
+3
Feb 25, 2026
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CBA buys in Dynamic Least-Cost Routing and outage resilience with IPSI
The country’s biggest bank will be able to offer customers Dynamic Least-Cost Routing (DLCR) and improved outage resilience by year end, after it snapped up local innovative fintech IPSI.
Fintech
+1
Feb 25, 2026
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Latitude hits new altitudes in credit card spending
A 59% jump in cash profit sparked a rally in Latitude Group shares last week, with the company’s 2025 results shows a sharp increase in credit card spend.
Banks
+1
Feb 25, 2026
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NAB’s Citi gamble enters the proof phase as consumer bank execution comes into focus
With migration complete and proprietary lending rising, NAB is betting scale in cards and direct mortgages will lift returns, but market share and margins indicate the next phase depends on execution.
Fintech
+4
Feb 25, 2026
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Threatened “Zero Cost” Smartpay changes name and wants AusPayNet review
With its business model on the brink, blended rate terminal operator Smartpay has changed its name and come out swinging on surcharge regulation, scheme fees, Apple Pay and big bank dominance, including the role of the industry’s “governance body” AusPayNet.
