Australian fintech start-up Till Payments has raised $70 million in its most recent funding round.
Sydney-based savings fintech Nudge is partnering with payments provider Monoova in a deal the company says will enable it to deliver faster payments-processing times and offer a broader feature set to its “growing base” of Australian savers.
Global revenue from payment platforms that enables merchants to process payments will grow from US$106 billion in 2019 to US$158 billion by 2024, according to Juniper Research.
Payment processor Square's CEO Jack Dorsey visited Melbourne to launch the Square Terminal payments device.
End-to-end payment solution provider Cuscal says it has improved payment platform reliability and reduced downtime, improving the experience for Australians both through traditional means and through 86 400 banking.
Sydney-based payment processing company SimplePay is using a SD-WAN solution from Riverbed Technology that automates cloud connectivity for hybrid cloud environments to deliver the agility, security and flexibility required to scale its business globally.
New bans on large businesses charging consumers excessive payment surcharges have now come into effect, prompting a reminder from the ACCC that the new law limits the amount large business can charge customers for use of payment methods such as most credit and debit cards.
MYOB has added tap and go functionality to its PayDirect mobile payments service.
PayPal’s recent acquisition of P2P remittance provider Xoom is part of its post-eBay global strategy to expand its payment capabilities and geographic spread, according to market analysts.
goCatch and EY are hailing a real corporate earner: a streamlined, corporate solution to processing taxi payments and receipt tracking for staff travel.
Finally, Cabcharge cards will be able to be processed on in-taxi payment terminals not issues by Cabcharge Australia Ltd, once negotiations are complete.
Almost a third of Australian businesses say electronic (non-card) payments are critical to them, according to a new survey.
Is Stripe an also-ran? Incumbent payment processor eWay thinks so.
Global payments vendor Stripe has taken on PayPal and launched its payments platform in the Australian market.
The PayPal online and mobile payment service is being integrated into Paycorp, a leading provider of enterprise payment processing solutions.
Taxi booking app goCatch now supports PayPal payments.
It's not just Lady Gaga with a poker face, but most likely payments processing king-turned-supergrass, Daniel Tzvetzkoff, who made off with tons of cash before being nabbed by the US Feds in Las Vegas - and now faces Aussie action should he ever show his poker face down under again.
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