AP+

Australian Payments Plus

CashPSPFintechSchemeACCCCBDCPayToOnlineRegulationDigitalA2AReportingNPPGovernmentTap and PayAP+BECSOutagesPlatformChequeLCROpinionBlended pricingBanksAIScamsCryptoMerchant FeesTreasurerCybercrimeTransitIdentityAnalysisRBASurchargingcredit carddebit cardBank@PostInflationMobile WalletFinancial crimepre paid cardsATMStart-upsFraud
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Discover eyes Aussie expansion in global push to take on Visa and Mastercard
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Discover eyes Aussie expansion in global push to take on Visa and Mastercard

United States regulators have given the green light to a mega-merger in the financial services industry that could have big implications for global payments markets, including Australia.

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Super body says more time needed before switching to payday super
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Super body says more time needed before switching to payday super

The New Payments Platform (NPP) must be given time to mature before mandating the use of the system for payday super, the Gateway Network Governance Body (GNGB) has warned policymakers.

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Industry urged to consider the national interest with NPP migration
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Industry urged to consider the national interest with NPP migration

In Sydney this week, a packed room of Australian payments industry heavyweights was asked to pull together to ensure the New Payments Platform (NPP) delivers value for money and is in the national interest.

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IPF urges immediate action to protect critical payments following damning BECS migration assessment
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IPF urges immediate action to protect critical payments following damning BECS migration assessment

The payments industry must take immediate steps to protect and regulate fees on critical payments like wages, superannuation, health, welfare and pensions that are being migrated from the aging Bulk Electronic Clearing System (BECS), according to a new report by Independent Payments Forum Australia (IPF).

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Least cost routing finally enabled for some Google Wallet transactions
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Least cost routing finally enabled for some Google Wallet transactions

After more than five years of lobbying from Australian small business to reduce the cost of mobile transactions, eftpos functionality and least cost routing (LCR) is finally available for some Google Wallet mobile debit transactions in Australia.

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AP+ ramps up urgency around NPP transition with industry-wide initiative
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AP+ ramps up urgency around NPP transition with industry-wide initiative

With the 2030 deadline for the BECS shutdown rapidly approaching, Australian Payments Plus (AP+) has established an industry-wide steering committee to provide oversight and governance in the transition to New Payments Platform (NPP).

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Will a surcharge ban help big banks kill their competition?
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Will a surcharge ban help big banks kill their competition?

A lucrative part of the fintech sector that provides competition to Australia’s dominant banks in payments has been upended by the Albanese government’s intention to put an end to rising debit card fees (and surcharging), and a looming Reserve Bank of Australia (RBA) review.

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Recurring bill payments to help boost NPP real time migration
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Recurring bill payments to help boost NPP real time migration

Shifting enterprise and recurring bill payments to the New Payments Platform (NPP) forms part of a plan to accelerate the migration of transactions onto the real time network, as the industry races towards the proposed closure of the Bulk Electronic Clearing System (BECS) in 2030.

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Mobile soars with concerns over cost & competition
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Mobile soars with concerns over cost & competition

The Reserve Bank of Australia has released new data about the growth of mobile wallet card transactions, while also flagging concerns about costs and competition.