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Thousands of retailers and professional service providers across the country were unable to accept card payments on Wednesday after a telecommunications outage paralysed merchant terminals operated by the ANZ Worldline joint venture. ....
The way we make payments has fundamentally shifted. Only around 13% of Australian payments were made with cash in 2022 and we’re more comfortable making purchases online than ever before. In 2022, 18% of retail payments were online, up from 12% in 2019 and just 4% in 2007 and that figure jumps again in categories like leisure, holidays and bills. ....
Two of Australia’s major banks are considering whether to offer discounted interchange fees for small businesses under a special program currently being rolled out by Visa. ....
ANZ Worldline Payment Solutions – a joint venture between ANZ and global payments leader Worldline (Euronext: WLN) – announced that it now offers Tap to Pay on iPhone to its customers in Australia, enabling seamless and secure contactless payment acceptance technology. ....