Xero launches enhanced Square integration in Australia
Xero announces it has enhanced its integration with Square to allow small-business invoices to be paid instantly and automatically recorded in Xero.
Afterpay tells RBA it’s ‘not a payments system’
Afterpay has told the RBA it “should not be considered a payment system”, and its merchant fees need to be benchmarked against the much higher costs.
Peppermint Innovation delivers highest-ever cash receipts total during December 2019 quarter
Peppermint Innovation continued to deliver growth during the December 2019 quarter with cash receipts up more than $500,000 to $843,000.
Airwallex and Visa debut Airwallex Borderless Cards for business
Global fintech leader Airwallex is launches Airwallex Borderless Cards for businesses, in partnership with the digital payments company Visa.
Banks risk loss of US$3 billion in payments revenue to digital payments growth, non-bank competitors
Australian banks are at risk of losing US$3 billion in payments revenue by 2025 due to the growth of digital payments and competition from non-banks.
Payments emerge as growth area in fintech
The fintech sector now comprises a critical mass of start-ups across many different sectors within financial services.
Sweden’s Klarna launches in Australia and partners with CommBank
Klarna, the global payments and shopping provider, officially launches in Australia by introducing the Klarna Shopping app.
Australia’s buy now pay later companies are pledging to do better by their customers. Here’s what they’re promising.
Buy now pay later (BNPL) companies like Afterpay and Zip look set to sign a voluntary code of conduct that would help protect customers.
