Tag: Payments

Zepto blazes a trail in account-based NPP payments

Posted on   |  by Stuart Mason
Australia is on the cusp of a digital revolution that will transform its financial services.  The legacy Bulk Electronic Clearing System, used for electronic debit and credit payment transactions,...

How NSW govt is embracing digital payments

Posted on   |  by Justin Hendry
The New South Wales government is readying plans to complete its transition to Australia’s real-time payments system, with the digital foundations that will enable the shift already in place at...

Govt set to introduce digital wallet regulation

Posted on   |  by Brandon How
Digital wallets and Buy Now Pay Later products are set to be regulated like existing payment systems, with the federal government issuing draft legislation to extend the reach of...

Fintechs urge ‘swift action’ on payment system reforms

Posted on   |  by Brandon How
Local fintechs have welcomed proposed reforms to Australia’s payments “outdated” system, but say swift action is needed to fix regulations that are up to a decade behind those in global...

Apple, Google face potential payments reforms

Posted on   |  by Joseph Brookes
The likes of Apple and Google could be further regulated as the federal government embarks on an overhaul of the Australian payments regulatory framework. It comes after the Treasurer received...