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CashPSPFintechSchemeACCCCBDCPayToOnlineRegulationDigitalA2AReportingNPPGovernmentTap and PayAP+BECSOutagesPlatformChequeLCROpinionBlended pricingBanksAIScamsCryptoMerchant FeesTreasurerCybercrimeTransitIdentityAnalysisRBASurchargingcredit carddebit cardBank@PostInflationMobile WalletFinancial crimepre paid cardsATMStart-upsFraud
PSPPSP
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Merchants cop even higher fees - led by 5% jump in fees charged by PSPs for eftpos transactions
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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
AP+AP+
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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.

FintechFintech
+3+3
Michael Johnson to lead PAX Technology Australia
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Michael Johnson to lead PAX Technology Australia

Chinese payments terminal business PAX Technology Australia has announced payments veteran Michael Johnson as its new Chief Executive Officer.

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

SchemeScheme
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The payments dilemma in the US tariff war
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The payments dilemma in the US tariff war

With endless talk about United States tariffs and trade imbalances over the past week, nobody in Australia is talking about the elephant in the room – United States payments, technology and tech platforms are siphoning billions of dollars from the Australian economy annually.

SchemeScheme
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What does Mastercard’s five year “vision” mean for competition and fees?
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What does Mastercard’s five year “vision” mean for competition and fees?

Mastercard has unveiled a five year “vision” for Australian payments, but an industry expert is concerned it will reduce competition, add complexity and keep fees high.

PSPPSP
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Fiserv in the Clover over Aussie small business potential
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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
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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
+4+4
Bolt welcomes new Chair, David Foster
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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).

ACCCACCC
+3+3
Supermarket inquiry was a missed opportunity on payments competition
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Supermarket inquiry was a missed opportunity on payments competition

The final report for the ACCC's supermarkets inquiry was a missed opportunity to shine the spotlight on unfair card fees paid by Australian small businesses, says the Australian Association of Convenience Stores (AACS).

FintechFintech
+2+2
Sphere rides the payment rails for climate action and welcomes new CEO
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Sphere rides the payment rails for climate action and welcomes new CEO

Australian payments and eco tech outfit, Sphere, has onboarded two more bank customers and a new CEO.

OnlineOnline
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Online spending hits record $69 billion! Who knew?
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Online spending hits record $69 billion! Who knew?

If your household’s anything like mine, it won’t come as a surprise that online spending just hit a new record of $69 billion in Australia.