What's New in Payments

Major banks, retailers and fintechs to support rollout of national QR payments and rewards system in Australia

Mobile phone showing Eftpos eQR-branded QR code

Commonwealth Bank of Australia and National Australia Bank as well as supermarket chains Coles and Woolworths and fintechs Azupay, Beem It and Merchant Warrior have confirmed they will support the rollout of the national QR payments and rewards platform developed by Australia’s Eftpos payments system... More



What's New in Payments

Coles Supermarkets picks Rambus’ Unified Payment Platform to ‘revolutionise retail in Australia’

A Coles supermarket

PARTNER NEWS: Australian supermarket giant Coles, one of the country’s largest retail groups, is to adopt Rambus’ Unified Payment Platform, an omnichannel commerce and payments solution that lets retailers offer a standalone or integrated mobile wallet application that supports credit cards, gift cards, loyalty points, coupons and receipts... More


What's New in Payments

Australian banks drop Apple Pay fee request to focus on iPhone NFC access

iPhone

The group of Australian banks arguing for the right to collectively negotiate with Apple over the introduction of Apple Pay in the country have dropped their request to jointly arrange how to “pass-through” additional fees Apple imposes on its mobile payment service, and will now focus solely on gaining access to the NFC functionality within the iPhone... More


What's New in Payments

Australia’s retailers join the banks in their battle with Apple Pay

Australian Retailers Association

The Australian Retailers Association (ARA) has come out in support of the group of four Australian banks seeking stronger negotiation powers with Apple over the introduction of Apple Pay in the country, saying they believe access to the NFC functionality in the iPhone would allow retailers to provide “a richer and more convenient customer experience”... More







What's New in Payments

Android Pay launches in Australia

Android Pay Australia

Google has begun rolling out its Android Pay mobile payment service in Australia with support from American Express and Visa. The service will be available from 27 banks and credit unions at launch and from an additional seven financial institutions “soon”. MasterCard support is expected “in a few days”.  More


What's New in Payments

Android Pay to launch in Australia, adds in-app payments in US

Google will launch its Android Pay mobile payment service across Australia in the first half of 2016 with support from several of the country’s major financial institutions, including ANZ, Westpac, Bank of Melbourne, Bank of South Australia, Bendigo Bank, Cuscal, ING Direct, Macquarie Bank and St George. The mobile payment service has also enabled in-app payments in the US. More