Days of cash payments numbered as 19% of Aussie wallets go digital
New research shows that 19% of Australians – equivalent to about 3.7 million – now use digital wallets such as Apple Pay, Google Pay, and Samsung Pay.
PayPal to allow buying and selling of Bitcoin
Online payments platform PayPal will soon let its users buy, sell, and hold Bitcoin, Bitcoin Cash, Litecoin, and Ethereum on their accounts.
“Digital businesses are the future”: Airwallex’s journey from café to one of Australia’s fastest growing fintech firms
Airwallex, an online business account for SMEs, has seen this surge in digital business first-hand.
Zip Co volumes surge as credit card ‘demise’ gains momentum
Zip Co has almost doubled its transactions volumes and revenue from a year ago thanks to a COVID-led boom in online shopping.
TransferWise saves Aussies $2.6m in debit and credit card fees
Digital money transfer specialist TransferWise has launched a new campaign urging Aussies to look at what they’re spending on hidden bank fees.
Australian FinTech company profile #105 – paybtc
paybtc are a fast, secure and reliable service that allows you to sell bitcoin for AUD with instant clearing to bank accounts in 1 block confirmation.
Square buys $50 million in bitcoin as part of larger investment in cryptocurrency
Payments platform Square has purchased US$50 million (AUD70m) in bitcoin, part of its larger investment in cryptocurrency
Where can you use bitcoin?
By using bitcoin as a way of paying transactions, the cryptocurrency may become a standardised way of paying for groceries or buying cars.
