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Westpac might be on a collision course with the Reserve Bank over its decision to introduce a flat rate charge of 1.4 per cent on merchants using their mobile phone as a payment terminal. ....
Binance Australia has been kicked off a major payments service and banned by big four bank Westpac, leading it to block customers from depositing or withdrawing funds. ....
Nearly 80 countries around the world now have real-time payment systems, with dozens of other markets in the process of developing their own platforms. Representatives from Brazil and Australia joined the Payments Canada Summit on Thursday to share their experiences. ....
Australia’s leading payments providers are mostly backing the proposal to establish an indigenous Voice to Parliament, with Australian Payments Plus and Visa advancing the strongest support. ....