Displaying items by tag: EFTPOS

A senior official from Mastercard Australasia says it is misleading to compare costs of schemes that process card present, card not present and international debit transactions with a domestic-only debit scheme, namely eftpos, that, at this stage, processes very few card not present transactions.

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.

One of Australia's two big supermarket chains, Coles, was hit by an IT outage for a little over four hours and forced to shut its outlets, with shoppers unable to complete purchases due to an inability to process payments.

Australians are showing a greater preference for contactless payments during the COVID-19 pandemic, according to debit card provider eftpos which is claiming 400% growth of its mobile payments business.

Debit card provider eftpos has started rolling out digital payments solutions aimed at businesses it says that want more choice and potential savings in the challenging COVID environment.

Retail industry advocate and veteran, Russell Zimmerman, is joining debit card prrovider eftpos in a move the payment provider says will support it to help Australian small and medium businesses reduce their costs in the COVID 19 rebuild.

New Zealand competition regulator The Commerce Commission has received a clearance application from payments terminals provider Verifone New Zealand to acquire the assets used by Smartpay Holdings and its subsidiaries to operate the Smartpay business in New Zealand.

Online banking services at the Commonwealth Bank, which were hit by an outage on Thursday, are returning to normal, the bank says in a statement issued early Friday morning, adding that the appearance of some payments in accounts may be delayed.

Online banking services at the Commonwealth Bank have come a-cropper, with the bank saying it is "working urgently to restore impacted services". Some branches were forced to close as a result of the outage.

Payments provider eftpos is partnering with accounting software company MYOB in a move designed to deliver low-cost, real-time eCommerce transactions to Australian merchants.

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!

Australia's debit card system, eftpos, will be available on Google Pay for St George Bank, Bank of Melbourne and BankSA customers from today.

ANZ has extended its Apple Pay offering, which gives its Access Advantage Visa debit card customers "the option to choose cheque or savings accounts via eftpos with Apple Pay".

Business-only bank Tyro is claiming an Australian-first with its first merchant — Heinemann Australia — implementing the Chinese mobile payment platform Alipay in its new stores at Gold Coast International Airport.

Onya cobbers, eftpos has announced it is "the first card payments platform to adopt the Australian Made logo, demonstrating the company’s ongoing commitment to Australian consumers, merchants and the local industry".

Australia’s debit network, eftpos, has announced it is "fast-tracking the enablement of eftpos Tap & Pay technology for use on buses, trains and ferries, following new consumer research that shows Australian commuters would prefer to pay for transport with eftpos debit".

Payments provider Eftpos has appointed former Mastercard Australia and New Zealand chief Leigh Clapham as chairman.

National Australia Bank says a system failure led to an outage of its online and other banking channels for most of Saturday.

The online banking services of National Australia Bank appear to have collapsed in a heap on Saturday morning, with customers unable to use either the online banking portal or EFTPOS services.

Promising "least-cost routing," Tyro says it offers "SMEs substantial savings on rerouted scheme debit tap-and-go payments."