News about payments in the online and digital space
Featured
+1

Jun 24, 2026
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The Reserve Bank's new RITS assessment drops governance to "partly observed", admits the post-2022 clean-up is running slow, and concedes the system will miss a reliability target it set for itself.
Fintech
+2

Jun 3, 2026
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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.
Cash
+3

May 20, 2026
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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.
Cash
+5

May 13, 2026
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Visa and Mastercard credit card merchant fees both reached 0.99% in the March quarter - the highest levels on record - while debit fees also climbed sharply. The increases come as card spending hit historic highs, with credit up 12% and debit surging 15% year-over-year, putting additional pressure on retailers already facing margin compression.
Fintech
+1

May 13, 2026
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Payment Service Providers (PSPs) and fintechs are likely to lose a raft of lucrative customers after the Prime Minister announced that bans on online gambling products are being strengthened.
Fintech
+1

Apr 29, 2026
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Travel insurer 1Cover claims a $35,000 saving by streamlining its payments stack through Adyen partnership.