ANZ and CBA push for consolidation of EFTPOS, BPAY and NPP
The days of using EFTPOS, BPAY and the humble BSB number to make transactions could soon be numbered, with CBA and ANZ pushing for consolidation.
Suncorp adds eftpos cash functionality to Apple Pay
Retail bank Suncorp has followed ANZ in adding eftpos functionality to its Apple Pay offering as the tussle to get to the top of consumers’ digital wallets between local and international payment schemes intensifies.
You want cash with that? ANZ plugs Apple Pay into eftpos
Millions of ANZ debit card holders will now be able to get cash out with over the counter Apple Pay transactions, after eftpos scored a massive win over the dominance of US credit card companies in smartphone payments. From today ANZ customers will get a new choice of picking cheque or savings for purchases made via debit cards linked to Apple Pay, specifically the Access Advantage Visa debit card which ANZ customer engagement lead Kath Bray said amounted to three million cardholders. ANZ is by far the most dominant Australian bank in the Apple Pay space after it broke away from rivals boycotting Cupertino because of the size of the […]
Eftpos gets Square as battle for mobile payments escalates
Mobile tradies and small businesses seeking to bypass steep credit card fees extracted by bank-owned payments terminals have scored a significant victory, with challenger payments provider Square revealing it has now ported eftpos functionality to its Australian machines. Made official on Monday, the tie-up between Twitter founder Jack Dorsey’s global payments play Australia’s 30-something electronic payments scheme opens the door for millions of people holding everyday bank payment cards fitted with contactless functionality to avoid the dreaded Amex. While it might seem like an incremental retrofit, the realpolitik of the eftpos-Squarer hook-up is actually way bigger. It means an untapped army of smaller merchants – think dog washers, craft brewers, […]
CUA launches Apple Pay on its EFTPOS rediCARD
Apple Pay is now available on the full range of CUA-issued debit and credit cards. Australia’s largest credit union CUA has today launched Apple Pay to its EFTPOS rediCARDs, allowing customers with the rediCARD to make real-time contactless purchases via their iPhone or Apple watch. The integration completes the loop for CUA, with Apple Pay now available on the full range of CUA-issued cards. The new functionality will enable CUA customers with rediCARD to make EFTPOS purchases via the digital wallet securely using their own money and in real-time. Customers with a compatible Apple device will now be able to choose to make the contactless payment with EFTPOS, by selecting […]
ANZ and CUA among first to offer eftpos on Android Pay
ANZ and Cuscal-sponsored credit unions including CUA today announced their eftpos cardholders can now make payments using Android Pay. The nine institutions, including People’s Choice Credit Union, Sydney Credit Union, Woolworths Employee’s Credit Union, Nexus Mutual and FCCS, are the first in Australia to officially offer this payment method to eftpos cardholders, enabling almost two million people to pay using their Android mobile devices. This follows the announcement Commonwealth Bank, Westpac and NAB are collaborating to launch a mobile payments platform, Beem, to make instant contactless payments with eftpos cards. Canstar’s Group Manager of Research and Ratings Mitch Watson said the new offering meant ANZ customers would have access to […]
Zeller launches Tap to Pay on Android, while business and consumer adoption skyrockets
Zeller today launched Tap to Pay on Android, making it the first Australian-born fintech to deploy this new and innovative way to accept contactless payments.
Introducing Australian FinTech’s newest Member – PayNuts
PayNuts is an Australian payments service provider for small and medium businesses, offering EFTPOS and eCommerce solutions.
