Huge Chinese Tech Firm Raided By The FBI
This week, FBI agents raided the Jacksonville, Florida offices of Pax Technology, a Chinese-owned manufacturer of point of sale terminals. The company... Read More
Afterpay Kills Barcodes For In-Store Payments
Afterpay is ending the use of barcodes for in-store payments as it moves to transition customers to its NFC-enabled Afterpay Card. In... Read More
Oz Card Payments Drop As Online Shopping Grows
Card payments in Australia have fallen for the first time as the rate of card fraud increases, driven by an uptick in... Read More
End Of An Era: Mastercard First To Ditch Magnetic Stripes
Mastercard is set to ditch the magnetic stripe from all its cards by the end of the decade as chip cards continue... Read More
Square Plans Terminal With Tap-To-Pay
Payment platform Square is developing an iPad point-of-sale terminal that will let shoppers more easily tap to pay for purchases. The company’s... Read More
Australian Market Galloping, Says Payments House Square
Payments technology outfit Square is planning a major hiring spree Down Under, after seeing Australia emerge as its fastest-growing international growth area.... Read More
Tyro To Buy Medipass
Tyro Payments has completed a $22.5 million acquisition of digital health payments business Medipass in a bid to further its presence in... Read More
Payment Platforms Seek Merger
Australia’s three major payment organisations – BPay, Eftpos and the New Payments Platform Australia – are asking the Competition and Consumer Commission’s... Read More
ACCC Puts Foot Down On Visa Debit Rates
The ACCC has slapped credit and debit card giant Visa with a court-enforceable undertaking to stop it from offering cheaper rates to... Read More
Days Of Cash Payments Numbered As 19% Of Aussie Wallets Go Digital
One in five Australians have ditched cash and physical cards to pay with their phone or smartwatch at the checkout. New research... Read More