Nayax Australia chosen as Reis & Irvy’s Australia’s exclusive cashless solution provider
Nayax Australia, a leading fintech company has been selected to provide Froyo Robotics Reis & Irvy’s Australia business with a cashless payment solution for their robotic frozen yogurt franchise business. Like its American franchisees, the partnership will see Reis & Irvy’s robotic machines fitted with Nayax’s VPOS Touch device. Nayax will enable consumers to choose between a wide range of cashless payment methods when purchasing a customizable frozen dessert. Nayax was selected because cashless payments are vital to the Australian market, where cash is rarely used, and contactless payment plays an important part of Australian consumers payment experiences. With Nayax’s management and telemetric capabilities, Reis & Irvy’s franchisees will be able to access real-time […]
How will the escalating deployment of mobile wallets help enhance consumer experience and sustain business growth?
Over the past decade, mobile connectivity has given rise to innumerable business opportunities and consumer-centric developments, the mobile wallet being one of them, that have grown beyond expectations. From taking low quality pictures to QR code scanning and from mere internet browsing to digital payment applications, mobile phone technology has significantly advanced to deliver more convenience to users as fast as possible. As money transactions are an obligatory part of everyday life, they represent a boundless potential for different payment solutions to be utilized in various commercial settings. One can say that initially, e-commerce platforms had already laid down the foundation and shown the viability of secure online payments, inspiring […]
Deliveroo partners with Doshii to bring down restaurant costs
Doshii is excited to announce a significant integration with leading food company Deliveroo. The partnership will streamline the processing of orders and make the delivery of Australia’s favourite restaurant foods to customers’ doors even more seamless. Restaurants who partner with Deliveroo can utilise Doshii’s API to connect customer ordering direct to their POS. This eliminates the need for restaurants to manually process orders that come through the Deliveroo app. Doshii’s platform will be available to the more than 10,000 restaurants that partner with Deliveroo across Australia and to POS vendors as the preferred platform to connect to Deliveroo. Deliveroo orders typically take around 90 seconds for restaurants to manually enter and […]
What Apple’s credit card means for Fintech
To the traditional financial sector’s dismay, nightmares have become reality and Apple is now a banking player. After years of discussion about whether Big Tech corporations will enter this domain, details of a payment card were unveiled, threatening to blow all other newcomers out of the water. Apple Card, launched in partnership with Mastercard and Goldman Sachs, will leverage the success of Apple Pay and will be available as a built-in feature within the Apple Wallet application on iPhone. Boasting the promise of a “healthier financial life,” the new credit card will also offer 2 percent cashback on all transactions – which they will receive on a daily basis, making […]
Civica announces partnership with LanternPay for new claim payments solution
Civica, the market leader in business-critical software, digital solutions and managed services for the public sector and regulated markets, has announced it is partnering with digital claim payments platform LanternPay to develop a cloud-based and user-friendly online solution for health insurers and healthcare providers. “Civica has always been dedicated to improving efficiency and choice in the Australian health sector and we are delighted to be working with LanternPay in providing a new state of the art, cloud based online claim payments solution. This innovative solution will challenge the status quo and give health funds and service providers improved functionality and real choice in the claim payments arena” says Vinay Chand, […]
New Square Invoices app helps small businesses get paid fast
Today, global payments provider Square announced it’s releasing the standalone Square Invoices app, providing small businesses with a self-serve tool for creating, managing, and sending electronic invoices no matter where they are. From sending quotes and requesting deposits, to issuing recurring invoices and automated reminders, the Square Invoices app adds all the extra functionality small businesses need to ensure they get paid fast. Australian payment times have been identified as among some of the worst in the world, with invoices paid on average 27 days late. With the Square Invoices app, businesses can get paid quickly and easily in just a few taps – no more mailing invoices and […]
Pay-passing the hat around: From buskers to churches, a cashless society is Australia’s future
It’s becoming ever more apparent that as a society, we’re veering more towards being completely cashless, with solutions for giving and receiving money continually popping up and challenging everything we thought we knew about transacting. Not only is new technology and state-of-the-art security helping to boost consumer confidence when it comes to transacting electronically, but financial technology or ‘fintech’ is streamlining our financial interactions — making it easier and more reliable than ever before. According to the RBA, in the early-2000s, Australians went to an ATM an average of 40 times per year, but today, we go to an ATM about 25 times a year — a downward trend that is […]
Melbourne commuters will soon be able to ditch their Myki and use their mobiles instead
Melbourne commuters will be able to ditch their Myki and use their Android smartphones to pay for public transport starting Thursday, but users of Australia’s most popular smartphone, the iPhone, are going to have to wait. Android users will be able to use Google Pay to handle their public transport expenses with a minimum top-up of $10, Public Transport Victoria said. This will remove the need for users to physically carry their Myki card. As long as the user is running the Android 5.0 operating system and has a near-field communication chip for contactless transactions, they’ll be able to use the system. Apple smartphone owners will have to wait for […]
