Cash, ATM and bank branch use dips as virus transforms how we pay
Even paying with a plastic debit or credit card can risk spreading the virus, if it involves using your finger to key in a PIN number.
Splitit boss hits out at ‘profiteering’ buy now, pay later rivals
Brad Paterson, the head of new buy now, pay later entrant Splitit has hit out at rivals offering vulnerable consumers lines of credit.
Eftpos digital identity trial coming soon
Eftpos is hoping to enter the digital identity game in Australia, announcing its solution would soon move into the trial phase.
The coronavirus will accelerate the trend towards a cashless society
The world after the coronavirus will probably be more digitised, and payment systems likely to be impacted by this as any other aspect of daily life.
Digital wallet transactions soaring: CBA
The Commonwealth Bank has found digital wallet users spent $1 billion in March 2020 in Australia – a record number of transactions.
Zip Co (ASX:Z1P) swipes $45M in quarterly revenue, on track for growth
Australian Fintech Zip Co has generated $45 million in revenue for the March 2020 quarter, a 96% increase to the prior corresponding period.
COVID-19 creates threats and opportunities for fintechs
The global Covid-19 pandemic will also produce opportunities for fintechs given we’re relying on technology now more than ever.
Tap and go payment limit increased to $200 to contain virus spread
Australian shoppers will soon be able to make purchases of up to $200 at the checkout using tap and go, as retailers try to stop the spread of the virus.
