eftpos welcomes Government commitment to mandated Least Cost Routing as a default for Australian business
The adoption of Least Cost Routing in stores has resulted in merchant fees on debit card transactions being reduced by hundreds of millions of dollars.
Australia considers new laws for Apple, Google, WeChat digital wallets
The Australian government is considering new laws that would tighten the regulation of digital wallets built by tech giants such as Apple and Google.
UnionPay partners with Stripe, widening access to the global Chinese consumer market for Australian businesses
Stripe, a technology company that builds economic infrastructure for the internet, has deepened its partnership with China’s UnionPay International.
Flight Centre Travel Group’s Independent Division appoints Mint as official EFT provider
Mint has signed an agreement to deliver their new MintEFT B2B payments solution to agents under the Flight Centre Travel Group’s Independent division.
A third of Australian shoppers prefer buy now, pay later options
Mozo’s 2021 Buy Now Pay Later Report revealed that a third (33%) of Australian shoppers rank the BNPL service as their go-to payment method.
Investing in local tech jobs, Novatti revenues jump 55% on digital payments growth
Novatti is staking its claim as a rising star on the global stage which has seen its revenue jump 55% on digital payments growth amid a recent hiring spree.
Payment start-up DiviPay trumps heavyweights in Finder Innovation Awards 2021
DiviPay has beat out payment industry heavyweights Medipass, RushGold and Wise, named among the most innovative Australian companies in 2021.
Facebook to launch ‘Novi’ digital wallet ahead of its cryptocurrency ‘Diem’
Facebook prefers to launch Novi alongside Diem, a kind of digital currency called a stablecoin, which would be tied to the US dollar.
