Merchants deploying soft POS solutions will surpass 34.5 million globally by 2027, rising from six million in 2022 driven by Apple’s entrance into the soft POS space, enabling iOS users access a mobile POS solution, according to Juniper Research.
The European Union has taken aim at Apple for its refusal to open its mobile payment system to its rivals, accusing the company of restricting access to the technology used for mobile wallets.
COMPANY NEWS: Following the success of its launch last year, payo, Australia's first, ‘Eat Now, Pay Later’ app, is excited to announce a new way to pay, with the launch of its payo checkout offering.
NOT FOR PROFIT: The pandemic has disrupted donation drives and crowdfunding initiatives, preventing schools, churches, community groups, and charities from receiving beneficiary aid.
The European Union is set to file an anti-trust suit against Apple over the NFC chip technology it uses for tap-and-go payments, a report claims.
Health insurer nib health funds has made its member cards available in Apple Wallet.
The “next evolution” of Afterpay’s in-store payment solution has arrived, letting users tap their smartphones at any checkout where Afterpay is accepted in store.
Bendigo Bank has signed a deal with ASX-listed payments solutions provider Tyro Payments making the latter the exclusive merchant acquiring partner for its business banking customers.
Australian customer-owned bank Heritage Bank has announced the integration of Apple Pay on its payment platform.
Afterpay, Apple Pay and Google Pay are driving the adoption of new digital payment services according to a new report that shows an increasing proportion of Australians are utilising new digital payment methods such as buy-now-pay-later services, contactless mobile payments and wearable payment devices.
Global contactless payment transactions values will reach nearly US$6 trillion in 2024, up from $2 trillion in 2020, according to a new report which found that increase will be driven by significant growth in OEM Pay and contactless card transaction values, especially in the US.
Big four bank Westpac will finally catch up with the rest of the industry, making a commitment on Thursday to deliver Apple Pay for its customers by June next year.
Mary McHale, Financial Services Director, Equinix Asia-Pacific
GUEST OPINION: SPONSORED NEWS. The emergence and increasing adoption introduction of new digital payment methods, such as ‘buy now, pay later’ platform AfterPay and Open Banking payments platfoms that allow for real time payments like SplitPay alongside better known digital wallets like Apple Pay, are propelling Australia rapidly ahead as it moves toward a cashless, cardless society.
There has been rapid growth in the buy-now-pay-later digital payments Australian market, with new research revealing 1.95 million Aussies used digital payments in the year to the end of September - up from 1.38 million in the previous 12 months.
Taxi operator 13cabs has introduced a new Quick Ride service enabling passengers using Apple Pay to "digitally hail" a ride with their iPhone.
Rideshare platform Ola has integrated Apple Pay as a payment method in Australia and New Zealand in what it says is the first significant overhaul of its international customer app.
Apple Pay is finally available via the National Australia Bank, with NAB nabbing Apple Pay at long last after a terribly extended and self-inflicted delay.
Westpac is the last remaining big Australian banking institution not to offer Apple Pay, after another holdout, NAB, announced that the service had gone live for its customers on Tuesday.
Suncorp has finally given its customers more choice when it comes to payments through the introduction of eftpos with Apple Pay – more banks should follow suit!
Westpac and National Australia Bank customers will have to wait awhile to use Apple Pay, with both banks unwilling to give any indication when they would provide the digital payment option.
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