Growth surge for Buy-Now-Pay-Later digital payments market
The latest report from Roy Morgan Research shows there has been rapid growth in the buy-now-pay-later digital payments market.
Digital wallet payments surge on Apple Pay: CBA
The Commonwealth Bank says the number of digital wallet transactions has nearly tripled since it launched Apple Pay earlier this year, as strong growth in tap-and-go payments continues to displace cash. After CBA in late January became the second big four lender to offer the payment service — which allows consumers to make purchases by tapping their phone on a merchant terminal — there has been a clear surge in people paying with iPhones. “Since we’ve introduced Apple Pay, we’ve seen the number of wallet transactions that are linked to a card increase 2.7 times. So it’s really increased quite dramatically since we’ve introduced Apple Pay for our consumer customers,” […]
Value of digital currency Bitcoin surges past $US1000
The value of Bitcoin has surged above $1000 as the digital unit continues a dizzying rise that made it the best-performing currency of 2016. Its value has more than doubled in the last year and it was trading at around $US1,024 in afternoon European trading yesterday, after breaking through the $US1000 mark on Sunday. It is now within reach of its historic high of more than $US1200 reached in 2013. Some analysts believe the rise in Bitcoin is due to some investors treating it as a safe-haven, like gold, at a time of global uncertainty. Others believe buying is being driven by speculative demand, with investors anticipating future rises and […]
Australian digital wallet market to surpass A$200 billion in 2025 amid cashless shift: GlobalData
Digital wallet adoption is accelerating rapidly in Australia, with transaction values projected to grow by 20.8% in 2025 to reach $201.3 billion.
Cryptocurrencies surge on Trump announcement
President Trump’s announcement on the establishment of a U.S. strategic cryptocurrency reserve has seen cryptocurrencies surge.
New RBA data shows a rapid rise in digital payments in Australia
New data released today from the Reserve Bank of Australia shows Australians continue to embrace the ease of mobile wallets when making digital payments.
MONEYME surpasses $4 billion in total originations as quarterly originations surge 27%
ASX-listed Digital lender MONEYME has reached a major lending milestone, surpassing $4 billion in total originations since inception.
