Australia’s favourite everyday department store Kmart switches on Zip
From the end of May, Kmart shoppers will be able to select Zip for flexible, interest-free repayments when they shop online with the iconic Aussie brand.
Westpac out in the cold as Apple Pay arrives for NAB customers
Westpac is the last remaining big Australian banking institution not to offer Apple Pay after NAB announced that the service had gone live for its customers
Frost & Sullivan: The great shift towards a cashless society
Banknote producers and mints are starting to consolidate and merchants are seeing the merits to cashless payments, shifting in favour of consumer demands
Banks still stalling real time payments: RBA
Big banks clinging to their legacy payments and IT platforms are continuing to stymie tangible benefits to consumers and business
EML Payments acquires UK fintech for $40.5m
EML Payments is bolting onto its growing European business with the purchase of UK fintech Flex-e-Card Limited.
Payments the ‘latest victim of disruption’ – consumers modernising wallets
Afterpay originally launched in 2015 and merged with payments technology company Touchcorp in mid-2017. Afterpay now services more than 3.1 million active users
RBA warns of ‘lock-out’ risk from rise of phone payments
The Reserve Bank has warned that growth in payments driven by smart phones, watches and other wearable devices must not stifle competition.
Global digital payments solution company, Splitit’s securities at a trading halt
The securities of Splitit Payments were placed in a trading halt at the request of the company, pending the release of an announcement.
