PSP

CashPSPFintechSchemeACCCCBDCPayToOnlineRegulationDigitalA2AReportingNPPGovernmentTap and PayAP+BECSOutagesPlatformChequeLCROpinionBlended pricingBanksAIScamsCryptoMerchant FeesTreasurerCybercrimeTransitIdentityAnalysisRBASurchargingcredit carddebit cardBank@PostInflationMobile WalletFinancial crimepre paid cardsATMStart-upsFraud
PSPPSP
+2+2
ANZ Worldline cedes market share to Stripe and other non-bank acquirers
Premium

ANZ Worldline cedes market share to Stripe and other non-bank acquirers

Stripe is making big inroads into the Australian acquiring market at the expense of ANZ Worldline and Westpac.

PSPPSP
+2+2
CBA calls for more BNPL checks as sun sets on Aussie-led fintech boom
Premium

CBA calls for more BNPL checks as sun sets on Aussie-led fintech boom

The nation’s biggest lender and largest consumer bank CBA has called for more credit controls in the Buy Now Pay Later (BNPL) sector ahead of regulatory reforms due to kick in on June 10.

PSPPSP
+5+5
Chalmers ready to pull the trigger on merchant fee reform
Premium

Chalmers ready to pull the trigger on merchant fee reform

The clock is already ticking for the Albanese Government to lower merchant service fees and ban surcharging on debit transactions - two of the Labor Party’s policy pledges at the recent federal election.The legislative reforms create wide-ranging discretionary powers for the Treasurer to regulate payments system participants.

PSPPSP
+2+2
Merchants cop even higher fees - led by 5% jump in fees charged by PSPs for eftpos transactions
Premium

Merchants cop even higher fees - led by 5% jump in fees charged by PSPs for eftpos transactions

Quarterly merchant fee data by the Reserve Bank of Australia (RBA) shows more increases in Merchant Fees, another hit to businesses in the first quarter of 2025.

Peter Drennan
PSPPSP
+1+1
Wild ride for Aussie payments outfits set to continue
Premium

Wild ride for Aussie payments outfits set to continue

The last 12 months has seen significant volatility in the share price of Australian publicly listed payments companies, and we haven’t seen the end of this unpredictability.

PSPPSP
+6+6
Payments sector shake up looming ahead of RBA findings
Premium

Payments sector shake up looming ahead of RBA findings

Australia's payments sector is bracing for significant upheaval ahead of regulatory change this year, with market consolidation and cashed up new entrants set to reshape the landscape.

PSPPSP
+3+3
Fiserv in the Clover over Aussie small business potential
Premium

Fiserv in the Clover over Aussie small business potential

Fiserv is finally launching it payments solution Clover in Australia, going head to head with the banks, Square, Tyro, Smartpay, Zeller and Stripe in the small business market.

PSPPSP
+5+5
RBA focused on reducing wholesale card fees for SMEs, but blended rates have complicated the issue
Premium

RBA focused on reducing wholesale card fees for SMEs, but blended rates have complicated the issue

The Reserve Bank of Australia (RBA) has told a large industry forum in Sydney that it has “significant and ongoing” concerns about small businesses having to pay much higher fees for card processing than big business.

PSPPSP
+6+6
AUSTRAC expects payments industry to know and report illegal tobacco sellers
Premium

AUSTRAC expects payments industry to know and report illegal tobacco sellers

AUSTRAC has warned elements of the payments industry currently supplying payments terminals and ATMs to illegal tobacco shops that it expects them to follow the law, know their customers and report illegal transactions.

PSPPSP
+4+4
Bolt welcomes new Chair, David Foster
Premium

Bolt welcomes new Chair, David Foster

Former Suncorp Bank CEO, and Chair of Bendigo and Adelaide Bank Chair and Youi Insurance, David Foster, is now taking on a new role as Chair of payments outfit, the Bolt Group (Bolt).

PSPPSP
+2+2
Least Cost Routing enablement still has a long way to go
Premium

Least Cost Routing enablement still has a long way to go

The RBA latest 6-monthly data on Least Cost Routing (LCR) highlights not only how far there is to go to full enablement, but the reasons why Australia’s acquirers aren't there yet.

PSPPSP
+3+3
If Smartpay's for sale, where does that leave Cuscal?
Premium

If Smartpay's for sale, where does that leave Cuscal?

Smartpay has confirmed it is looking at offers to sell the company, after PayDay News broke the story last week.