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Two Subway outlets in Sydney and Brisbane are “the first major Australian quick-service restaurants” to let customers pay for their purchases using the national QR code payments and rewards platform developed by Australia’s Eftpos payments system... More
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
The Australian government has accredited Eftpos as the first private sector digital identity exchange operator under the country’s Trusted Digital Identity Framework (TDIF), enabling the use of the payments network’s ConnectID solution across a wide range of online transactions that require digital ID verification... More
An Australian parliamentary committee has held a public hearing at which it heard evidence from representatives of leading Australian banks, payment services providers and other financial bodies on regulatory issues including whether companies such as Apple should be mandated to allow third-party payment apps access to a smartphone’s NFC chip... More
Australia’s Eftpos national debit card system has launched a digital identity exchange solution that enables consumers to share personal information held by trusted digital ID providers in a wide range of use cases, from opening an online account and making online payments to accessing government services or providing proof of age... More
Australia’s Eftpos national debit card system is to launch a QR code-enabled mobile payments and rewards network that will enable “seamless payment experiences across ecommerce, mobile and point of sale”... More
Big bank-backed Beem It launches Aussie payments app — ZDNet — “The Commonwealth Bank, NAB, and Westpac joined forces to create Beem It, allowing the real-time transfer of funds… The app enables sending and receiving money, with an interface reminiscent of a social media app… ‘It’s using Eftpos, and Visa debit card payment rails,’ Beem It chief product and development officer Deepesh Banerji said.”
‘Let shoppers choose Eftpos’: Banks ordered to overhaul paywave systems by April — news.com.au — “Australia’s banks have been given a deadline of April next year to reduce fees charged on tap-and-go payments by giving customers the option of choosing Eftpos instead of credit… ‘It’s estimated that processing tap-and-go transactions through credit cards instead of Eftpos costs businesses A$290 [US$220m] million a year.'”
Rambus teams with Eftpos for Android Pay in Australia — Rambus — PARTNER NEWS — “‘With more than 40m debit cards distributed across Australia, Eftpos is one of the most popular payment methods,’ said Bret Sewell, SVP and general manager, Rambus Security division. ‘This collaboration with Eftpos enables millions of consumers the opportunity to enjoy secure mobile payments using Android Pay, leveraging our proven host card emulation (HCE) and EMV tokenization software for truly trusted transactions.’”
PARTNER NEWS: ANZ has become the first bank in Australia to enable customers to use Apple Pay to make mobile payments using the country’s Eftpos national debit payments network... More
Tap-and-go kills the cash cow — Sydney Morning Herald – “Australia has become a nation of tappers, with official figures showing that the card has finally overtaken cash as our most-frequently-used payment method… The Reserve Bank attributes that to several factors, including the widespread rollout of tap-and-go Eftpos functionality. Around one-third of all point-of-sale payments are now made using tap-and-go.”
Australia’s Eftpos debit card network has completed an infrastructure upgrade that will enable its partners to roll out new products and services including Eftpos Tap & Pay and Eftpos Mobile payments. The update also includes Australia’s first domestic token service provider, “complete and ready for commercial deployment”. More
Australian banks ANZ and Westpac are completing plans to launch Android Pay in the country “mid this calendar year”, according to The Sydney Morning Herald... More
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
PARTNER NEWS: Debit card payment network Eftpos is to use Bell ID’s Token Service Provider platform to provide secure tokenization services to the Australian payments industry... More
MasterCard has agreed to acquire NFC technology provider C-Sam... More
Debit card network Eftpos Australia has announced a five year deal with NFC technology provider C-Sam and plans to begin mobile payment trials “with selected retailers in the next few months”... More
Bruce Mansfield, managing director of debit card payments system Eftpos Payments Australia (ePal), has called on payments providers and mobile network operators to form an impartial NFC industry council, ZDNet Australia reports... More