Square partners with Australia’s community banks to help regional SMBs go digital
Today, global payments provider Square, Inc. (NYSE: SQ) announced it is teaming up with Unity Bank, Southern Cross Credit Union and the WAW Credit Union in a string of regional partnerships that will give more small businesses outside of Australia’s capital cities greater access to innovative payments technology. Small businesses across regional New South Wales, Victoria and Queensland will be able to benefit from the new partnerships and will see affiliated branches provide access to the iconic Square card reader for contactless and chip for just $59. Customers will also receive fee-free card processing for their first $1,000 worth of sales to help them get started. Square’s Country Manager […]
TabSquare extends Zingrill’s custom POS and lifts average check value by 12%
Today’s consumers are extremely hard to please. In our instant, technology-driven world, we have high expectations that our demands will be met with a minimum of delay. In fact, a retail survey has reported that if you keep customers waiting more than 10 minutes, 48% of them will assume your business is poorly run and the other 52% will vote with their feet and take their business elsewhere. The food and beverage industry, in particular, is a victim of our impatience. How often have you walked into a quick service restaurant (QSR) and turned around and headed right back out when you’ve seen a long queue? Encouragingly though, 87% of […]
Blockchain boost as HSBC links Australia and China
Blockchain has long been cited as one of the upcoming technologies to solve many of the world’s current financial problems when it comes to cross-border trade, and it appears to have taken another step forward this week as HSBC confirms it has been able to link a transaction between Australia and China. The development is based on the use of a Letter of Credit (LC) format, which is typically a paper-based format that makes up a significant proportion of trading in China and being able to digitize this is expected to create plenty of savings in terms of time and invested resources. HSBC set up the link between two of […]
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, […]
