Small business groups pan “big bang” payments merger 16 December 2020 6:05AM Latest news George Lekakis Small business groups have responded to the proposed merger of Eftpos, NPP and BPay with “cynicism” and “concern”, saying they fear it has potential to remove competitive tension in the payments marke.. read more
Opinion: Robert Milliner misses the point 16 December 2020 6:03AM Latest news George Lekakis The major banks have a record of contriving customer outcomes in the payments industry that run counter to the public interest, and little more than a decade since they scuttled Bankcard, this time Ef.. read more
POLi surplus to Post 06 September 2019 4:36PM Payments, mobile & wallets Ian Rogers Australia Post is scouting for a buyer for its POLi Payments service, five years after acquiring the business. read more
Business expansion takes the shine from BPAY bottom line 21 November 2018 5:46PM Payments, mobile & wallets George Lekakis Heavy investment in the Osko instant payments platform and two other business startups pushed BPAY Group to a small loss last year. read more
SWIFT toasts 50m NPP buddies 23 October 2018 5:19PM Payments, mobile & wallets Banking Day staff Paul Lahiff, the chair of NPP Australia is leaving for a new job in banking, and celebrating - at Sibos - scrappy data on the take-up of PayID's and the number and value of Osko payments. read more
BPAY launches new businesses, flags more Osko services 20 September 2018 4:56PM Payments, mobile & wallets George Lekakis BPAY Group chief executive John Banfield has unveiled a new blueprint to drive business growth at the bill payments company after launching two digital businesses under a collaboration agreement with.. read more
Interchange interred by 2019 04 August 2018 1:51AM Latest news George Lekakis In a double whammy for the big banks that dominate the payments cards space, all card interchange fees will be abolished by the end of next year, while merchant fees may also be capped. read more
NPP starting to gain acceptance 01 June 2018 5:15PM Payments, mobile & wallets Banking Day staff There are currently nearly 65 financial institutions offering services via the New Payments Platform, and this is set to grow further in coming weeks, says NPP Australia. read more
NPP schemers settle on Osko 17 May 2017 3:50PM Payments, mobile & wallets Ian Rogers BPay have confirmed 'Osko' as the branding for the first "overlay" service on the New Payments Platform, which is set to kick off from October. The long discussed Eftpos wallet may also reach the mass.. read more
Cuscal to connect another 15 financial institutions to Android Pay 21 July 2016 4:18PM Payments, mobile & wallets John Kavanagh Another 15 financial institutions will connect to Android Pay over the next few weeks - all of them using a service provided by Cuscal. The payments company was the third-party service provider for 25.. read more
Court brands card case 'artificial' 23 September 2003 10:00AM Payments, mobile & wallets MasterCard and Visa probably won't be entertaining lengthy thoughts of an appeal over the Federal Court's decision on Friday to dismiss the application by the card schemes to overturn the Reserve Bank.. read more