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News about mobile wallets and payment methods

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

+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).

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.

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.

Cash

+3

'Bestie Tax' bites Australian generosity, PayPal data shows
LockSimple

Sep 23, 2025

•

'Bestie Tax' bites Australian generosity, PayPal data shows

Paypal has revealed the true impact of the ‘Bestie Tax’ – the silent cost of sparing friends’ feelings at the expense of your own wallet.

Fintech

+1

Clover launches Apple’s Tap to Pay
LockSimple

Sep 23, 2025

•

Clover launches Apple’s Tap to Pay

Clover has launched a new update, enabling Apple's Tap to Pay on mobile phones through its app in Australia.

Digital & Online

+4

Derelict devices put spotlight on AusPayNet
LockSimple

Sep 23, 2025

•

Derelict devices put spotlight on AusPayNet

For many years the Reserve Bank has set an expectation on financial institutions to improve the reliability of payment services. So, how is it that banks and other providers are able to sell or rent payment devices that don’t work or appear to break down easily?

Fintech

+3

Hollywood funny man Will Ferrell pushes PayPal’s BNPL to Aussies
LockSimple

Sep 23, 2025

•

Hollywood funny man Will Ferrell pushes PayPal’s BNPL to Aussies

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.

Cash

+5

Regulators close to cash fix, and flag consultation on Amex, BNPL and Apple Pay
LockSimple

Sep 23, 2025

•

Regulators close to cash fix, and flag consultation on Amex, BNPL and Apple Pay

Financial regulators are close to recommending a way forward for cash distribution in Australia, reiterating that hard currency remains an essential part of the economy and cash in circulation is at record highs. In the meantime, they have flagged yet another consultation - this time on Amex, BNPL and mobile wallets.

Digital & Online

+3

Ticketing giants’ opaque pricing
LockSimple

Sep 23, 2025

•

Ticketing giants’ opaque pricing

Long the masters of recategorising and changing fee structures to stay a step ahead of regulators, the Ticketmaster/Ticketek duopoly will be ready for any challenge thrown by regulators, their critics believe.

Fintech

+2

Apple Pay pushes take up at Woolies amid concerns about hidden fees
LockSimple

Sep 16, 2025

•

Apple Pay pushes take up at Woolies amid concerns about hidden fees

Apple Pay has taken out paid advertising at Woolies checkouts to further push up its market share, amid serious concerns from banks that hidden fees are adding significant cost to Australia’s payments system.

Digital & Online

+3

Putin’s China pitch amps up the scramble for new payment rails
LockSimple

Sep 16, 2025

•

Putin’s China pitch amps up the scramble for new payment rails

Vladimir Putin’s call for a new payments system free of Western control comes as sanctions on Russia and China’s ambitions converge with a surge of new global domestic and regional networks.

Cash

+5

Soaring merchant fees stoke boom in payments advisers
LockSimple

Sep 16, 2025

•

Soaring merchant fees stoke boom in payments advisers

The opacity of merchant fee pricing across the globe is spawning a wave of litigation and burgeoning demand for payments experts. One of the world’s largest merchant advisory groups, BB Merchant Services, says it is expanding its presence in the Australian market.

LCR

+2

Routing now available for 50 per cent of debit cards on mobile
LockSimple

Sep 2, 2025

•

Routing now available for 50 per cent of debit cards on mobile

Mobile least-cost routing (LCR) is now available to 50 per cent of cardholders, according Australian Payments Plus (AP+).

Digital & Online

+2

Federal judge rules Apple and Google app store payments anti-competitive
LockSimple

Aug 12, 2025

•

Federal judge rules Apple and Google app store payments anti-competitive

The federal court has ruled that Apple and Google’s app stores had no protections against anti-competitive behaviour.

Fintech

+5

Specialty is key in new era of Aussie payments consulting
LockSimple

Jul 29, 2025

•

Specialty is key in new era of Aussie payments consulting

With increasing complexity around digital payments, a new breed of payments consultant is emerging in Australia focusing on niche specialisations to help businesses meet new challenges.

Digital & Online

+3

Coles Pay wallet locks in customers, and gathers more data
LockSimple

Jul 1, 2025

•

Coles Pay wallet locks in customers, and gathers more data

Supermarket giant Coles is preparing to ramp-up promotion of Coles Pay as its new digital wallet, marking a strategic shift in its digital payment offerings.

Fintech

+2

Tyro survey shows generational shift in foodie payment habits
LockSimple

Jun 24, 2025

•

Tyro survey shows generational shift in foodie payment habits

Almost 50% Aussies have adjusted their drinking habits due to cost-of-living pressures but Gen Zs are willing to pay more for coffee and beers, according to a new Tyro survey.

Regulation

+1

Digital wallets continue to explode ahead of regulatory controls
LockSimple

May 27, 2025

•

Digital wallets continue to explode ahead of regulatory controls

Industry analysts are predicting a further 20.8% growth of digital wallet usage in Australia in 2025, while the sector remains devoid of regulatory controls.

Banks

+1

Urgency around Apple’s control over mobile wallets in Australia intensifies with EU fine
LockSimple

Apr 30, 2025

•

Urgency around Apple’s control over mobile wallets in Australia intensifies with EU fine

Apple’s €500 million (AUD$887 million) fine by the European Union last week for antitrust violations linked to its App Store policies has reignited scrutiny of the technology giant’s struggles with regulators worldwide including Australia over its control of mobile payment systems and Near Field Communication (NFC) technology.

Fintech

+1

tikpay team up with MineSec for cost-effective mobile-based transit
LockSimple

Mar 24, 2025

•

tikpay team up with MineSec for cost-effective mobile-based transit

Aussie transit payment startup tikpay has selected Singapore-based MineSec to help them offer a more flexible, cost-effective and innovative mobile solution for commuters that doesn’t rely on expensive hardware.

LCR

+1

Least cost routing finally enabled for some Google Wallet transactions
LockSimple

Mar 5, 2025

•

Least cost routing finally enabled for some Google Wallet transactions

After more than five years of lobbying from Australian small business to reduce the cost of mobile transactions, eftpos functionality and least cost routing (LCR) is finally available for some Google Wallet mobile debit transactions in Australia.

Cash

+2

Monthly Payments Data Report
LockSimple

Jan 13, 2025

•

Monthly Payments Data Report

The RBA released its Retail Payments data as at November 2024 on the 10th of January. Here are the latest results.

Cards

+1

60,000 cards may be impacted by eftpos mobile glitch on New Year’s Eve
LockSimple

Dec 19, 2024

•

60,000 cards may be impacted by eftpos mobile glitch on New Year’s Eve

Banks are asking 60,000 consumers to delete and reload their debit cards in mobile wallets, to ensure they still work from News Year’s Day.

Cards

+1

August RBA Stats: Debit cards growth trends
LockSimple

Oct 8, 2024

•

August RBA Stats: Debit cards growth trends

Presented by Peter Drennan, Senior Business Analyst

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