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Displaying items by tag: Bpay

Australia's three domestic payment bodies — eftpos, BPAY Group and New Payments Platform Australia — intend to amalgamate and create a new entity, NewCo, in order to cut costs, improve efficiency and compete better with foreign payment platforms.

Published in Business Intelligence
Thursday, 27 June 2019 10:47

Sniip joins BPAY with mobile payments offering

Mobile payments provider Sniip says it will be increasing the number of billers accessible through its app to 45,000, and gaining access to 1.5 million more payments each working day, after being sponsored into the BPAY scheme by e-payments giant, Indue.

Published in Mobility

Sydney-based start-up incubator Lakeba has announced the $20 million sale of its Paid by Coins venture to Australian-listed customer engagement technology provider Mobecom only seven months after launching the platform in early 2018.

Published in Listed Tech

Payments provider BPay claims more $20 billion has been transferred through its Osko payment platform — which allows the transfer and receipt of money instantly — since its launch earlier this year, with Osko now available via online banking with banks and financial institutions.

Published in Market

Twenty years after BPAY was launched in Australia around 60% of Aussies now pay their bills using the service, according to the payments company which says that on average people pay five or six bills a month.

Published in Market
Monday, 09 April 2018 22:26

Scam email a fake Telstra media invoice

Security firm MailGuard has warned of a new email scam involving an email message claiming to be from Telstra Media containing a billing notice.

Published in Security

Accounting software company Xero has integrated a new payment option on its platform, allowing small businesses to accept payments on BPAY.

Published in Accounting Software
Thursday, 29 September 2016 10:37

In 2016, NAB is still in the era of snail mail

In 2016, digital transactions are the norm. Or so one would think. But this does not appear to be the case with National Australia Bank.

Published in Open Sauce
Thursday, 10 December 2015 12:48

Ezidebit launches new online payment platform

Australian non-bank payment provider, Ezidebit, has launched a new cloud software offering which it says allows businesses to process any invoice payment method - online, direct debit, credit card or BPay - from a single unified platform.

Published in Market
Monday, 02 November 2015 13:02

Instant mobile payments on the way: BPAY

BPAY has launched an Initial Convenience Service (ICS) which will let Australian consumers immediately transfer funds to and from their bank accounts via their mobile phone, tablet, or via the internet.

Published in Mobility

Surprise, Surprise. Digital Post Australia has announced it will close down. What on earth where they thinking to launch it in the first place?

Published in C Level
Tuesday, 04 June 2013 10:25

PayPal challenging BPAY

How do you pay your utility and phone bills? PayPal is increasingly on option in Australia, challenging BPAY and credit cards, not to mention the big 4 banks.

Published in Home Tech
Tagged under
Friday, 29 July 2011 12:35

iPhone 5 + NFC +Paypal = bank nightmare

If Apple launches its iPhone 5, complete with a Near Field Communications chip (the technology that allows wave-and-pay) in September, and does some form of payments deal with PayPal, it will represent a 'perfect storm for disruption' of the global payments market and force local banks to rethink their strategies a financial forum was warned this morning.

Published in Networking
Thursday, 30 June 2011 20:33

Technology crimps cash's cachet

Cash is no longer king, making up less than a quarter of the value of all payments made in Australia, as the value curve bends toward online and card based transactions. It's a shift that has prompted the Reserve Bank's Strategic Review of Innovation in the Payments System which could ultimately dictate the nature of computer systems the big banks will need in order to comply with the shifting regulatory landscape.

Published in Technology Regulation

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