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Cards

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

Fintech

+3

CHOICE puts delivery app price hikes in the spotlight
LockSimple

Oct 28, 2025

•

CHOICE puts delivery app price hikes in the spotlight

DoorDash, Milkrun and Uber Eats could be charging consumers 40 per cent more for some grocery items compared to what they cost instore, a CHOICE investigation into third-party delivery apps has found.

Regulation

+2

Experts say illegal tobacco PSPs ignore data and fail to make customer checks
LockSimple

Oct 28, 2025

•

Experts say illegal tobacco PSPs ignore data and fail to make customer checks

Industry insiders and proceeds of crime experts question whether PSPs are making any effort to help halt the $10 billion trade - and whether the latest government task force will make a difference.

Fintech

+1

Findi Group set to acquire Sphere for Good
LockSimple

Oct 28, 2025

•

Findi Group set to acquire Sphere for Good

ASX-listed fintech Findi Group has entered into an agreement to acquire eco-friendly paytech Sphere for Good (Sphere) for an implied value of $6 million, payable in Findi shares.

Merchant Service Fees

+2

RBA “polarising” debate on card fees and surcharge bans rather than looking for solutions, says IPF
LockSimple

Oct 28, 2025

•

RBA “polarising” debate on card fees and surcharge bans rather than looking for solutions, says IPF

The Reserve Bank is polarising debate on surcharging by failing to pick up on nuisances and practical ideas to reduce card fees before any surcharge ban is implemented, according to small business advocates.

Merchant Service Fees

+2

Uncertainty prevails as RBA delays decision on surcharging and card fees until March
LockSimple

Oct 28, 2025

•

Uncertainty prevails as RBA delays decision on surcharging and card fees until March

The Reserve Bank has delayed its decision on card fees and surcharging until March 2026, saying it needs more time to consider more than 170 submissions received.

Banks

+1

ANZ and Everyday Rewards team up as interchange storm rages
LockSimple

Oct 21, 2025

•

ANZ and Everyday Rewards team up as interchange storm rages

In the midst of fierce debate about the future of credit card rewards programs and interchange, ANZ and Woolworths Group’s Everyday Rewards have announced a new loyalty partnership.

Cash

+2

CBA adopts QR cardless cash at ATMs to increase security
LockSimple

Oct 21, 2025

•

CBA adopts QR cardless cash at ATMs to increase security

CBA has replaced Cashless Card and Cardless Deposits using mobile phone numbers with a QR solution in an effort to reduce financial crime.

Fintech

+4

Payments companies from CBA to Westpac to ANZ Worldline may be enabling criminal gangs with illegal tobacco sales
LockSimple

Oct 21, 2025

•

Payments companies from CBA to Westpac to ANZ Worldline may be enabling criminal gangs with illegal tobacco sales

“Our message is clear: if you profit from illicit tobacco in Australia, you are operating illegally,” says Home Affairs Minister Tony Burke.

Merchant Service Fees

+3

RBA stats on surcharging still not adding up
LockSimple

Oct 21, 2025

•

RBA stats on surcharging still not adding up

There is a lot of debate around the surcharge ban in Australia. The Reserve Bank (RBA) claims only 10% of small businesses surcharge, but many are sceptical of that figure. If the RBA is wrong, a ban on surcharging can have serious implications for consumers, businesses and payment service providers.

LCR

+1

The quiet sunset of eftpos-only prop cards
LockSimple

Oct 21, 2025

•

The quiet sunset of eftpos-only prop cards

Banks are removing eftpos-only “prop” cards and the nation’s fastest growing card issuer Macquarie has an eftpos exemption casting a further shadow over least-cost routing.

Regulation

+4

Draft PSP regulations released for consultation
LockSimple

Oct 14, 2025

•

Draft PSP regulations released for consultation

Treasury has started consultation on tranche 1 of its new regulatory framework for Payment Service Providers (PSPs).

Merchant Service Fees

+3

Impact of surcharge reform on government services uncertain as rego prices rise
LockSimple

Oct 14, 2025

•

Impact of surcharge reform on government services uncertain as rego prices rise

There’s uncertainty about how governments will recoup the cost of banning card surcharges, as NSW bumps up its annual fees by more than CPI and Queensland cuts American Express as payment option for transport this week.

Fintech

+1

PayPal Open launches in Australia
LockSimple

Oct 14, 2025

•

PayPal Open launches in Australia

PayPal has launched its new merchant platform PayPal Open in Australia, integrating a suite of commerce tools from the PayPal ecosystem.

Merchant Service Fees

+3

RBA admits small merchants may continue to pay high card fees
LockSimple

Oct 14, 2025

•

RBA admits small merchants may continue to pay high card fees

Reserve Bank Governor Michele Bullock has admitted that not only are small merchants paying “much, much more” in card fees than their big business counterparts, but they may continue to do so under its proposed plan.

Fintech

+4

Square, CBA, NAB and Tyro ready to pull illegal tobacco terminals
LockSimple

Oct 14, 2025

•

Square, CBA, NAB and Tyro ready to pull illegal tobacco terminals

A number of Payment Service Providers say they are actively working to identify and block illegal tobacco businesses and remove their POS terminal services.

Digital & Online

+2

Deanne Bannatyne named new CEO at NAB’s HICAPS
LockSimple

Oct 7, 2025

•

Deanne Bannatyne named new CEO at NAB’s HICAPS

Deanne Bannatyne has taken over the top job at NAB’s healthcare payments specialist, HICAPS.

Fintech

+1

Global card schemes and PSPs minimise their Australian tax
LockSimple

Oct 7, 2025

•

Global card schemes and PSPs minimise their Australian tax

Booking revenue offshore, returning funds to offshore parents and other sophisticated tax tricks mean multinational payments and tech giants are contributing little to the tax base, despite billions in revenues.

Cash

+5

Online set to dominate card transactions by end of 2026
LockSimple

Oct 7, 2025

•

Online set to dominate card transactions by end of 2026

The latest RBA payments data reveals Australian card spending retreated to $92 billion in August, while device-not-present transactions broke through 45% of total payments for the first time, putting online and bill payments on track to dominate by end of 2026.

Merchant Service Fees

+1

Rewards market can thrive without interchange – and already does
LockSimple

Oct 7, 2025

•

Rewards market can thrive without interchange – and already does

The average Aussie spends about $20,000 a year on their credit card, but despite the hype you don’t need to spend a cent on it to get rewards.

Fintech

+3

Zeller sets sights on UK’s £1.3 Trillion SME Market
LockSimple

Oct 7, 2025

•

Zeller sets sights on UK’s £1.3 Trillion SME Market

Melbourne blended rate PSP Zeller has set its sights on the UK as the first step in a “global expansion” strategy.

Cash

+6

A big first year – our biggest stories
LockSimple

Sep 30, 2025

•

A big first year – our biggest stories

PayDay News celebrates its 1st birthday in October, so we thought it timely to revisit some of our biggest and most popular of the 400 stories published in our first year.

Crypto

+1

Hana Wallet launches mobile-first, crypto card
LockSimple

Sep 30, 2025

•

Hana Wallet launches mobile-first, crypto card

Spending crypto via Apple Pay and Google Pay just became easier via a new virtual pre-paid crypto card launched by Sydney decentralised finance start up Hana Wallet.

Cards

IGA offers rewards and cash back
LockSimple

Sep 30, 2025

•

IGA offers rewards and cash back

Shoppers at IGA supermarkets can now enjoy rewards and cashback offers in a move that goes head to head with Coles Flybuys and Woolworths Rewards programs.

Cash

+5

RBA outlines action plan on payments resilience
LockSimple

Sep 30, 2025

•

RBA outlines action plan on payments resilience

The Reserve Bank has outlined an action plan to improve payments resilience over the next two years as outages continue to rock public confidence in the system.

Fintech

+2

ANZ Worldline's Discover deal brings 378 million extra cards
LockSimple

Sep 23, 2025

•

ANZ Worldline's Discover deal brings 378 million extra cards

In his first major announcement since being appointed interim CEO at ANZ Worldline, John Collins, has sealed a deal that enables his merchant customers to accept millions of extra international cards.

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