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Banking Day

The offerings of digital wallet providers in Australia remain “narrow and generic”, according to payments industry leaders. ....

Asia Pacific , Phil Pomford , Adrian Lovney , Surin Fernando , Payments Report , Australian Payments Plus , Reserve Bank ,

New Zealanders slowly embracing newer payment technologies

New Zealand consumers remain wedded to their plastic cards for buying goods and services, but change is coming as more choose to adopt digital wallets on their devices. ....

New Zealand , Surin Fernando , Phil Pomford , Apple Pay , Radio New Zealand , Ublic Radio , Urrent Affairs ,

New Zealanders slowly embracing newer payment technologies

New Zealand consumers remain wedded to their plastic cards for buying goods and services, but change is coming as more choose to adopt digital wallets on their devices. ....

New Zealand , Phil Pomford , Surin Fernando , Apple Pay ,

Citi's BNPL offering 'Spot.' to launch in October


Mortgage Business
Citi’s BNPL offering ‘Spot.’ to launch in October
By Annie Kane
05 August 2021
Pre-registrations have opened for Citi’s upcoming buy now, pay later offering, Spot., which will launch in October.
Citi Australia (Citi) has announced that its ‘interest-free’ buy now, pay later (BNPL) product will go live in October under a new brand, Spot..
As previously reported, the bank is launching the new proposition to enable customers to pay for goods up to the value of $1,000 using the digital card, which can then be repaid in four fortnightly instalments. 
For purchases of $200 or more, customers will also have the option to pay a $10 flat fee to break the payments into eight smaller fortnightly payments, should they so wish. ....

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