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 […]
DiviPay launches Australia’s first virtual corporate expense card
DiviPay, an Australian fintech start-up, has launched a virtual corporate card and expense management platform that helps SME’s control company spending and automate their team’s expense reporting. The platform is now open to registrations and a number of Australian businesses are already benefiting from no more reimbursements, credit card sharing and expense reporting. DiviPay enables […]
Fintech player Douugh scores MasterCard partnership
Australian fintech start-up Douugh has scored a new partnership with MasterCard, joining forces to launch a smart bank account with a debit card from the global payments giant. Douugh, which was founded by SocietyOne’s Andy Taylor, has created a personal financial assistant utilising artificial intelligence. But the start-up does not intend to become a bank, […]
Bankwest accelerates shift to digital cards
Australian retail banks are accelerating their push towards deploying virtualised payment cards to replace vulnerable legacy plastic, as the pace and scale of breaches intensifies sharply. Commonwealth Bank subsidiary Bankwest revealed on Monday it has gone live with a ‘digital card’ feature that can activate a credit card in a digital wallet via the Bankwest […]
Cash payments are ‘niche’ says RBA governor
The governor of the Reserve Bank of Australia has said that Australians have embraced electronic payments and will continue to favour this payment method. Philip Lowe made the statements at the second annual Australian Payment Summit where he said that cash was becoming an increasingly niche payment. “It looks like a turning point has been […]
Sydney commuters can use credit or debit cards to tap on and off trains
Sydney commuters can carry one less card as of today. You can now “tap on and off” at the Opal reader with your Visa, Mastercard or American Express credit or debit card. Or if you’d prefer, you can use the digital wallet on your smartphone or smartwatch to replace how you use your Opal card. […]
Do wearables and digital wallets spell the end of the credit card as we know it?
Wearable payment technology and digital wallets are the coolest new trend in the banking world – but does it really have the power to replace something as everyday and useful as your credit card? According to MyState Bank it’s more likely than you might think. Although digital wallets have technically been around since the 1990’s, […]
Diners Club International & ISXPay enter into Acquiring License
Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX : ISX | FRA : TA8) announces that it has executed an eCommerce Acquiring Business agreement with Diners Club International Ltd. Diners Club International Ltd. is a direct banking and payment services company owned by Discover Financial Services (NYSE: DFS), with a local […]
