Eftpos

• John Kavanagh

The Reserve Bank is open to the prospect of limiting the use of surcharging by merchants, with one option to prohibit surcharging on debit card transactions. read more

• George Lekakis

Thousands of retailers and professional service providers across the country were unable to accept card payments on Wednesday after a telecommunications outage paralysed merchant terminals operated by.. read more

• George Lekakis

Two of Australia’s major banks are considering whether to offer discounted interchange fees for small businesses under a special program currently being rolled out by Visa. read more

• George Lekakis

Global card scheme giant Visa Inc has begun offering big incentives to some local small and medium sized retailers choosing to route their debit payments to its processing network. read more

• George Lekakis

Exponential market share gains in online payments processing made by domestic debit scheme Eftpos appear to have induced price responses from Visa and Mastercard. read more

• George Lekakis

Australian Payments Plus has revealed its debit payments processing subsidiary – Eftpos - is reclaiming market share from global giants Visa and Mastercard. read more

• John Kavanagh

The Reserve Bank has made progress in its campaign to embed least cost routing in the Australian payments system, announcing yesterday that Visa and Mastercard have given undertakings that they will n.. read more

• George Lekakis

The failure of local banks to improve the efficiency of debit card processing for Australian merchants since 2017 has prompted the Reserve Bank to widen its payments reform agenda. read more

• George Lekakis

Westpac might be on a collision course with the Reserve Bank over its decision to introduce a flat rate charge of 1.4 per cent on merchants using their mobile phone as a payment terminal. read more

• Ian Rogers

The arrival of Pago Eftpos may prove a landmark in the taut world of payments. read more

• George Lekakis

Mastercard has filed a formal statement of defence in the Federal Court action brought against it by the Australian Competition and Consumer Commission for alleged anti-competitive conduct in the debi.. read more

• George Lekakis

Australia’s largest native payments provider – Australian Payments Plus – generated a big surge in top-line revenue last year, but a costs blowout plunged the group to a negative bottom line result. read more

• George Lekakis

The industry debate between banks and small business groups over merchant fees is set to escalate after the Australian Banking Association accused independent research firm - CMSPI - of “inflating” th.. read more

• George Lekakis

Eftpos chief executive Stephen Benton has announced his departure from the domestic payments service following the formal activation of Australian Payments Plus Ltd – the new holding company for the N.. read more

• George Lekakis

Eftpos Payments Australia Limited has reported a full year profit of A$7 million despite some large one-off costs. read more

• George Lekakis

Business groups and payments experts have panned the Reserve Bank’s policy stance on least cost routing, saying the final recommendations of the regulator’s retail payments review are inadequate. read more

• George Lekakis

A legal battle has erupted over the ACCC’s approval of the three-way merger of NPP Australia, Eftpos and BPay. read more

• George Lekakis

Small business advocates say they are deeply concerned about the lethargic rollout of least cost routing services by the major banks, following the publication of new research showing that only 18 per.. read more

• George Lekakis

Eftpos Australia’s bid to extend its in-store payments business to online channels has received a boost from two of the country’s major banks, with CBA and NAB deciding to back the rollout of the dome.. read more

• John Kavanagh

eftpos has entered the emerging digital identity market, announcing that a business it owns called connectID has been accredited to operate a digital identity exchange. read more