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debit carddebit card
+1+1
Look mum, no numbers
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Look mum, no numbers

AMP Bank is making a big play for small business – starting with a “numberless” debit card.

CashCash
+4+4
Monthly Payments Data Report
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Monthly Payments Data Report

The RBA released its Retail Payments data as at December 2024 on the 7th of February. Here are the latest results.

NPPNPP
+1+1
Security, capacity and competition feature in AP+ 2025 roadmap
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Security, capacity and competition feature in AP+ 2025 roadmap

Australian Payments Plus (AP+) has published its updated 2025 roadmap, including initiatives to ensure it remains competitive in online card payments and boosts capacity on the New Payments Platform (NPP).

BanksBanks
Westpac’s business chief to land mid year, via CBA
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Westpac’s business chief to land mid year, via CBA

Westpac has appointed Paul Fowler to the position of Chief Executive, Business & Wealth.

FinTechFinTech
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Carsales teams with Monoova in online motor buying deal
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Carsales teams with Monoova in online motor buying deal

Carsales auto marketplace has partnered with payments platform Monoova to make buying and selling a vehicle online “safer, simpler, and more efficient”, using the New Payments Platform and PayTo.

CashCash
+1+1
Cash mandate consultation live
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Cash mandate consultation live

Pre-empting a likely election issue, Treasury has kicked off its consultation on the Government planned cash mandate, publishing its discussion paper just before Christmas.

AnalysisAnalysis
+2+2
Christmas expires in 3 years
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Christmas expires in 3 years

Gift cards are big business, but the money is made is when you don’t use them.

A2AA2A
+2+2
First insights into PayTo growth - slow but steady
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First insights into PayTo growth - slow but steady

PayTo has been around for almost two years now, and new data from the RBA has shown a slow start for life for the real-time, direct debit payment technology.

RegulationRegulation
+5+5
Interchange regulation alone won’t be enough to tackle card fees
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Interchange regulation alone won’t be enough to tackle card fees

Interchange fees have long been the focal point for regulators seeking to control merchant payment costs. However, mounting evidence suggests that regulating these fees alone has been insufficient to curb overall payment expenses that are now estimated at $6.4 billion each year in Australia.

CashCash
+6+6
Monthly Payments Data Report
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Monthly Payments Data Report

The RBA released its Retail Payments data as at November 2024 on the 10th of January. Here are the latest results.

RegulationRegulation
+5+5
Law Council advocates transparency in card payments fees
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Law Council advocates transparency in card payments fees

The Law Council of Australia has lodged a submission with the Reserve Bank of Australia, calling for greater transparency of wholesale fees and warning that a ban on surcharging will result in higher prices for consumers.

debit carddebit card
+1+1
60,000 cards may be impacted by eftpos mobile glitch on New Year’s Eve
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60,000 cards may be impacted by eftpos mobile glitch on New Year’s Eve

Banks are asking 60,000 consumers to delete and reload their debit cards in mobile wallets, to ensure they still work from News Year’s Day.

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