Mobile Payments

Dec
14

Up launches conversational payments

Up, the digital banking platform that went live in October 2018, has today launched conversational payments in app for customers. An Australia first, the experience will bring functionality on par with the United States, Europe and China, where Venmo, SquareCash and WeChat Pay have significantly altered and improved customers’ payment experience. Up’s Chief Imaginer, Anson […]

By Australian FinTech | FinTech . Payments
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Nov
27

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 […]

By Reposted by Australian FinTech | FinTech . Payments
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Nov
27

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. […]

By Reposted by Australian FinTech | FinTech . Payments
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Nov
23

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, […]

By Reposted by Australian FinTech | FinTech . Payments
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Nov
22

Peppermint to offer micro-enterprise program for Bizmoto agent network

Peppermint Innovation Ltd (ASX: PIL) announced it is launching a micro-enterprise program that will significantly benefit its growing Bizmoto agent network. Under a pilot program to be rolled out across the Philippines, Peppermint will facilitate and offer Bizmoto agents a finance and insurance package that helps them to buy a suitable motorcycle to be supplied […]

By Australian FinTech | FinTech . Payments
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Nov
22

Will Australians trust startups with their money as the cashless economy takes hold?

F5 Networks today announced new research showcasing that while Australians are moving towards a cashless economy, they remain divided when it comes to the future of payments. The study, The Changing Face of Payments & The Rise of the Cashless Economy, revealed over a third (34%) of Australians wouldn’t trust a startup with their money despite 58% of people using digital […]

By Australian FinTech | Banking . FinTech . Payments
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Nov
21

Bank gets on board with more digital wallets

A non-major bank has announced that its customers will be able to make payments using Garmin Pay. MyState Bank has added the ability for customers to use Garmin Pay, which functions as a digital wallet and fitness monitor, to make contactless payments. The non-major bank said that it expects a 200 per cent increase in […]

By Reposted by Australian FinTech | Banking . FinTech . Payments
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Nov
21

Cabcharge now integrates with Google Pay for Digital Passes

Ever since we’ve had taxis, we’ve needed to get someone else to pay for our rides. Whether it’s a gift to help and loved one get somewhere or a business expense to ferry someone from point A to point B, figuring out how that payment will work has presented some challenges over the years. Australia’s […]

By Reposted by Australian FinTech | FinTech . Payments
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