COMPANY NEWS: Banks and fintechs set to deliver secure, frictionless digital payment experiences through advanced tokenisation technology
Mobile Eftpos reader Tyro Go is now available in more than 300 Telstra stores and business technology centres.
Commonwealth Bank is one of the first card issuers to go live with eftpos on Samsung Pay.
With Samsung recently announcing Heritage Bank was the first to deliver eftpos transactions with Samsung Pay in Australia, it was time to talk with Samsung Australia's Head of Services, Mark Hodgson, to learn more.
The choice to use eftpos is coming to Samsung Pay, the smartphone payment system Samsung offers on its own brand phones that competes with Google Pay, and with Heritage Bank the first, it certainly won't be the last.
Samsung Electronics has developed a new method for users of its Samsung Pay mobile payment service to verify bigger payments, like those over $100 or $200, without touching a point-of-sale terminal.
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.
A first-of-its-kind feature in Australia has launched through Samsung Pay and comparison service Finder, promising to take "shopping for credit cards to the next level of convenience" via Samsung's "Samsung Pay" digital wallet mobile payment app.
Global payments platform Finablr and Samsung Electronics America have launched a Money Transfer feature in Samsung Pay, whereby users in the US can send money to people in 47 other countries. At the moment, the feature is available within the US, but there are plans to extend it to other countries next year.
A new update to the Samsung Pay app allows use with NSW Opal public transport terminals.
A majority of Australians now use digital payments, according to a new report revealing that awareness of digital payments is now an almost universal 93.9%, with 72.4% using at least one digital payment method over an average 12-month period.
The Commonwealth Bank appears to have thrown in the towel as far as keeping Apple Pay out goes, and has said the payment option will be made available to its own customers and those of Bankwest.
A survey of mobile payments by research service Venture Insights indicates that it will take much more than two decades for Australia to become a cashless society.
The Commonwealth Bank says there’s been a surge in tap and pay transactions over six months, with its own customers increasingly using their smartphones instead of their wallets when making payments.
We recently spoke to Mark Hodgson, head of Samsung Pay in Australia, who shared his thoughts on the convenience of mobile wallets; in the meantime, Samsung has announced 1.3 billion Samsung Pay transactions.
Samsung has nabbed victory by nabbing major Aussie bank NAB in its quest to see Australia's four big banks all offering access to Samsung Pay, as ever more consumers make payments via mobile devices.
Members of CUA, Australia’s largest credit union, can now register a PayID access, a faster, simple and smarter way to make and receive payments.
Commonwealth Bank MasterCard holders are now able to use Samsung Pay for transactions.
Melbourne-based consumer finance business Latituide Financial Services has launched its fifth mobile payment platform this year, with the launch of Fitbit Pay and Garmin Pay.
If you're one of Latitude Financial Services' 1.2 million Mastercard customers, and you own a recent Samsung smartphone, you can take a positive attitude to Samsung Pay payments.
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