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CashPSPFinTechACCCCBDCOnlineRegulationDigitalA2AReportingConnectIDNPPGovernmentTap and PayAP+BECSOutagesPlatformChequecommercial cardsLCROpinionContractBlended pricingBanksAIScamsCryptoMerchant FeesTreasurerCybercrimeTransitIdentityFeesAnalysisRBASurchargingcredit carddebit cardBank@PostInflationMobile WalletFinancial crimepre paid cardsATMStart-upsFraud
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
+4+4
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
+2+2
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.

PSPPSP
+3+3
Novatti’s brand refresh signals future vision
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Novatti’s brand refresh signals future vision

Novatti has launched a brand refresh, representing the company’s growth and future vision.

FinTechFinTech
+2+2
China’s Huifu Payment launches HuePay in Australia
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China’s Huifu Payment launches HuePay in Australia

Chinese fintech Huifu Payment has launched its Australian subsidiary HuePay in Melbourne to offer digital payment solutions to the Australian and New Zealand markets.

PSPPSP
+5+5
Illegal tobacco sales serviced by banks and fintechs. What's the law?
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Illegal tobacco sales serviced by banks and fintechs. What's the law?

Illegal tobacco stores are popping up around the country in what is fast becoming multi-billion dollar market for organised crime which appears to be serviced by multiple banks and fintechs for payments.

OutagesOutages
+3+3
Impact of Mastercard global outage lessened by LCR at Aussie merchants
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Impact of Mastercard global outage lessened by LCR at Aussie merchants

Least Cost Routing (LCR) came to the rescue on Sunday, as Mastercard users were unable to make online, in-person or ATM transactions on the US network.

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

The RBA released its Retail Payments data as at January 2025 on the 7th of March. Here are the latest results.

PSPPSP
+3+3
SmartPay pilots in New Zealand amid rumours of a sale
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SmartPay pilots in New Zealand amid rumours of a sale

Smartpay has successfully implemented an initial customer pilot of its new New Zealand acquiring offering, amid rumours that the company may be up for sale.

GovernmentGovernment
+6+6
MP urges Treasurer and RBA to act on blended debit card pricing
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MP urges Treasurer and RBA to act on blended debit card pricing

A Labor backbencher has written to the Treasurer and Reserve Bank of Australia demanding they close a “regulatory loophole” that enables payments service providers to charge “excessive” fees via blended rates.

PSPPSP
+6+6
RBA looking closely at “free” blended rates business model
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RBA looking closely at “free” blended rates business model

The Governor of the Reserve Bank, Michele Bullock, says the marketing of blended card fees as a free service to merchants is an “unexpected consequence” of the current surcharging rules that is being carefully considered.