Lance Blockley News Today

The Reserve Bank is open to the prospect of limiting the use of surcharging by merchants, with one option to prohibit surcharging on debit card transactions.

Aussies have lashed out at the countrys drift towards becoming a cashless society as the disastrous Optus outage forced many to revert to cash payments.

Banks must reveal why they are closing certain branches under tough new measures designed to protect older customers who may struggle with digital banking.

Westpac has announced it will be limiting cash withdrawals from ATMs as fears are raised over the dangers of an increasingly cashless society.

Westpac has announced it will be changing its withdrawal limit from ATMs as fears are raised over the dangers of an increasingly cashless society.

A major Commonwealth bank app outage has underlined the dangers of an increasingly cashless society, according to experts.

Apple is switching on technology that allows Australian businesses to accept contactless credit card payments on their iPhones.

Independent payments market expert Lance Blockley has estimated that by 2025 traditional cash will make up less than 4 per cent of total retail purchases across Australia.

Five reasons businesses should consider using Apple Pay to take in-store payments, plus latest Apple Pay news

As hype around cryptocurrencies grows, central banks are looking hard at their own alternative: electronic banknotes.