Little need for a centrally managed digital currency in markets like Australia: RBA
What additional purpose would a centrally managed digital currency serve that electronic money from financial institutions is not already serving?
Pandemic pushes central bank digital currencies into top gear
Coronavirus is accelerating the development of central bank digital currencies as it has prompted millions of people to turn to cashless payments.
Australians, New Zealanders can now use Bitcoin in vending machines
Vending machines operated by major Asia-Pacific soft-drink bottler and distributor Coca-Cola Amatil will now be accepting payments in crypto.
Coronavirus has fast-tracked our journey to a cashless future, but will cash disappear altogether?
When did so many Australians fall out of love with cash? A recent survey of consumer payment behaviour from the RBA suggests it’s been a long time coming.
Airwallex launches new WeChat Pay solution
Global fintech leader Airwallex has launched a new payment acceptance service in Australia, Hong Kong and Singapore with WeChat Pay.
China’s digital currency could challenge Bitcoin and even the dollar
China has begun a pilot program for an official digital version of its currency—with the likelihood of a bigger test at the Beijing Winter Olympics in 2022.
Traders in Australia can now make hassle-free payments to China in USD and other major currencies with Harbour & Hills
Traders, corporates and SME/VSE businesses Down Under can now make hassle-free payments to China in USD, EUR and other major currencies.
UK Fintech TransferWise enables Australian dollar direct debits, introduces “Pay with TransferWise” with Xero
TransferWise account holders can also manage all direct debits from their accounts, and receive notifications about upcoming payments or low balances.
