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Banks tell ACCC that payments merger will strengthen competition

Banks tell ACCC that payments merger will strengthen competition Banks tell ACCC that payments merger will strengthen competition 08 July 2021 7:41AM The industry committee advancing the case for combining Australia’s three domestic payments schemes has urged the ACCC to approve the proposed merger because it will improve competition. The committee, which includes representatives from the four major banks, Cuscal and Woolworths, is facing an uphill task to win approval for joining the operati...
Lance Blockley Adrian Lovney Master Grocers Association Eftpos Australia Robert Milliner Reserve Bank

A Season of Toxic Threats to Pets

A Season of Toxic Threats to Pets Spring Lilies are Beautiful, But Can Be Particularly Deadly to Cats News provided by Share this article Share this article MINNEAPOLIS, April 14, 2021 /PRNewswire/ -- Spring has sprung, and so have those beautiful white and multi-colored lilies. While these annual favorites between Easter and Mothers Day brighten up gardens, rooms and faces, they contain toxins that can be deadly to pets, especially cats. In 2020, the highest spike of calls to the Pet Poison H...
United States Maja Ferrell Ahna Brutlag Robert Milliner Domestic Short Hair Lion King

eftpos, BPAY and NPP agree to merge

By Justin Hendry on Dec 15, 2020 11:30AM But will retain operational autonomy. Australia’s three payments infrastructure providers have agreed to merge as a single entity in a bid to reduce costs and better compete with the growing number of overseas payment platforms. eftpos, BPAY and NPP Australia (NPPA) announced their intention to amalgamate, pending further consultation and approval by the Australian Competition and Consumer Commission. It follow...
Australian Payments Council Consumer Commission Australian Competition Reserve Bank Payments Council Robert Milliner

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Eftpos, BPay, NPP agree to merge, to help banks take on card giants

Eftpos, BPay, NPP agree to merge, to help banks take on card giants Share Three domestic payment systems – Eftpos, BPay and NPP Australia – have agreed to merge in a deal that would create a larger, coordinated player better able to compete against US card giants Visa and Mastercard, which have been stealing market share in debit payments. The merger, which requires Australian Competition and Consumer Commission approval, will also allow banks to coordinate investment to ensure domestic pay...
Michaelo Sullivan Australian Payments Council Consumer Commission Australian Competition Payments Council Robert Milliner
Source: afr.com

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