News about fintechs, start ups and innovative ideas in the payments space
Fintech
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Oct 28, 2025
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Amazon and Microsoft host the lion’s share of digital payments infrastructure amid concerns about data sovereignty and outages.
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The soul crushing process of filling in piles of detailed rental applications could get a whole lot easier with the clever application of technologies like Digital ID and the Consumer Data Right (CDR), according to Sydney payments outfits Fat Zebra and AP+.
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.
Cuscal is set to welcome about 20 new bank, government and fintech customers to its fold, after the ACCC cleared the way for its proposed $75 m acquisition of Indue Limited.
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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.
Tyro Health has launched its fully certified, integrated Aged Care Solution ahead of the Australian Government's Support at Home program, which will commence on Saturday.
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Oct 21, 2025
“Our message is clear: if you profit from illicit tobacco in Australia, you are operating illegally,” says Home Affairs Minister Tony Burke.
Oct 14, 2025
Australian payment services provider Monoova has been named Company of the Year at the Global FinTech Awards 2025 in London, highlighting Australia’s growing influence in the global fintech sector.
Payments industry leaders have welcomed the introduction of the Payday Super legislation to Parliament that will require employers to pay their employees’ super at the same time as their salary and wages from 1 July 2026.
PayPal has launched its new merchant platform PayPal Open in Australia, integrating a suite of commerce tools from the PayPal ecosystem.
A number of Payment Service Providers say they are actively working to identify and block illegal tobacco businesses and remove their POS terminal services.
Tokenised invoices are the next step in safe and instant reconciled payments, according to payments fintech, Azupay.
Oct 7, 2025
The decision to kill its venture arm reflects internal pressures, a deteriorating external environment and an uncertain future for ANZ-backed fintechs left standing.
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.
Monoova customers will now be able to make instant, secure payments directly to their bank accounts with the payment service provider adding PayTo to its card-acquiring and PayID plug-in for WooCommerce merchants.
In 2025 PayPal overtook CommBank in the volume of merchant complaints filed with the Australian Financial Complaints Authority. Official AFCA data also shows complaints were received from users of ANZ “merchant facilities” even though the bank exited merchant acquiring in 2022.
Melbourne blended rate PSP Zeller has set its sights on the UK as the first step in a “global expansion” strategy.
Cash
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Sep 30, 2025
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.
Small business customers of ANZ Worldline Payment Solutions and the Fiserv-owned Clover platform are unable to lodge claims against either provider with the Australian Financial Complaints Authority. While both acquirers are exempt from having to submit to AFCA’s jurisdiction, their non-participation in the dispute resolution scheme highlights a loophole that lawmakers have failed to close.
In what appears to be a growing trend taking lending share from traditional banks, PayPal Australia has loaned $1.5 billion to Australian small businesses since launching the service to its payments customers in 2014.
Sep 23, 2025
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.
Clover has launched a new update, enabling Apple's Tap to Pay on mobile phones through its app in Australia.
Sydney payments fintech Ezypay has been acquired by US tech company, Xplor Technologies, for an undisclosed sum.
In an effort to ramp up usage of its Buy Now Pay Later (BNPL) offering, PayPal Australia is launching its biggest ever Australian consumer ad blitz, fronted by US comic and producer, Will Ferrell.
Former Coles tech boss John Cox has taken the reins at Sydney-based payments outfit, Linkly.
