Mobile Payments

Feb
15

Peppermint collaborates with BancNet on Mobile Banking

Peppermint Innovation Ltd (ASX:PIL) advises it has teamed up with BancNet to provide their mobile banking technology and services that facilitate electronic fund transfers (EFT’s) in real time to BancNet member outsourcing banks. BancNet is the Philippines single Automated Teller Machines (ATM) switch operator connecting the networks of local and offshore banks. It is a […]

By Australian FinTech | Banking . FinTech . Payments
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Feb
15

Square and MYOB team up to help small businesses

From today, global payments provider Square is teaming up with MYOB, one of Australia’s leading providers of online accounting solutions, to help time-poor business owners better manage their payments. The new partnership will completely automate the payment process for business owners, ensuring they no longer have to waste time manually rekeying their sales or customer […]

By Australian FinTech | FinTech . Payments
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Feb
12

CBA plugs 500,000 customers into Apple Pay in just two weeks

The Commonwealth Bank of Australia’s backflip on its longstanding Apple Pay boycott has paid off in spades, with more than half a million people flocking to the new payment service just two weeks after it was made publicly available to customers. The stampede of iPhone users is so big it has boosted the CBA’s total […]

By Reposted by Australian FinTech | Banking . FinTech . Payments
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Feb
06

Modern myki miracle: Android users give thumbs up to mobile payment trial

It has all the makings of a public transport miracle: a rollout of new myki technology that isn’t plagued by huge problems. At least not yet. Commuters taking part in a smartphone myki payment trial have given the beta test a cautious thumbs up, heaping praise on the convenience of topping up remotely and the […]

By Reposted by Australian FinTech | FinTech . Payments
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Jan
29

Afterpay challenger Splitit up 90 per cent on first day of trade

Israeli fintech start-up Splitit has got the tech initial public offering market off to a cracking start for the year, with the payments-splitting company jumping 90 per cent on it first day of trade. Having raised $12 million and listed with an issue price of 20¢ on Tuesday, Splitit ended the day at 38¢, giving […]

By Reposted by Australian FinTech | ASX . Borrowing . FinTech . Lending . Payments
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Jan
29

Banks cull ATMs as more customers ditch cash

Major banks removed hundreds of ATMs in the latest year, as the industry responded to the scrapping of withdrawal fees and consumers further reduced their use of cash. In a trend that is tipped to ramp up as digital payments take off, all of the big four have made cuts to their ATM networks in […]

By Reposted by Australian FinTech | Banking . FinTech . Payments
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Jan
25

Zip throws down challenge to Afterpay and ‘outdated’ credit cards amid Senate inquiry

Buy now, pay later (BNPL) service Zip has described the current credit card model as ‘outdated’ compared to BNPL products such as their own, which they argue offer a ‘fairer’ payment alternative for Australian consumers. The comments from Zip CEO and Co-Founder, Larry Diamond, came amid a call for new regulations on the BNPL industry […]

By Reposted by Australian FinTech | FinTech . Payments
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Jan
24

International payment transfer provider FlashFX enhances additional customer on-boarding security

4Stop a leader in providing premium global KYC, compliance and anti-fraud technology announces today they are live and operational within FlashFX’s global payment transfer solution. FlashFX is an international money payment service that can transfer to 35 countries across 18 currencies securely, quickly and with no transaction fees. It is underpinned by the latest technology […]

By Reposted by Australian FinTech | Currency . FinTech . Payments
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