Australian Payments Plus announces inaugural CEO
Newly formed payments organisation Australian Payments Plus (AP+) has appointed Lynn Kraus as its inaugural CEO.
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EFTPOS
Eftpos announces new online security technology
The latest stage of eftpos’ online security technology is now live, with banks and merchants set to introduce the capability shortly.
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ACCC gives payment systems merger the green light
The ACCC has authorised the merger of BPAY, eftpos, NPPA but has said that the availability of least cost routing would be safeguarded.
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AACS back calls for least-cost routing
The Australasian Association of Convenience Stores (AACS) have backed calls from major retail associations for the Reserve Bank to mandate least-cost routing for merchants. C&I Magazine reported last week that ACAPMA, ARA, COSBOA and MGA had formed the Fairer Merchant Fees Alliance to push for the RBA to reduce merchant fees for ‘tap and go’
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Retail associations join forces against ‘tap and go’ fees
Four of Australia’s top retail associations have joined forces to call for cheaper ‘tap and go’ fees for merchants, claiming unfair hidden fees. The Australian Convenience and Petroleum Marketers Association (ACAPMA), the Australian Retailers Association (ARA), the Council of Small Business Australia (COSBOA) and Master Grocers Australia (MGA) have teamed up to form the Fairer
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Tyro first-to-market on contactless payments
Tyro, Australia’s business-only bank, today announced ‘Tap & Save’, allowing merchants to save money by processing debit tap-and-go payments through the more economical eftpos network. Tap & Save is a first-to-market initiative from Tyro offering least-cost routing to merchants that has launched well ahead of the 1 April 2018 deadline recommended by the House of Representatives Standing Committee on Economics. Eligible new and existing
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Eftpos launches Android pay
Eftpos has announced that Andriod Pay will be available for use with Eftpos purchase for ANZ and Cuscal cardholders.
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Retailers urged to prepare for excessive surcharge ban
Small businesses are reminded to prepare for a ban on excessive card transaction surcharges, due to come into effect in September this year.
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Special Feature: What retailers need to know about EFTPOS – Part 2
We continue on from last week’s installment on EFTPOS surcharging, to examine the issue from the grass roots level of a small C-store, and in the view of our peak representative body.
Special Feature: What retailers need to know about EFTPOS – Part 2 Read More »
Special Feature: What retailers need to know about EFTPOS – Part 1
Overcharging customers for using EFTPOS is soon going to be a thing of the past, but will the local corner store survive without passing the buck?
Special Feature: What retailers need to know about EFTPOS – Part 1 Read More »
Back to basics: The cardinal rules of cash
In their quest to increase sales and profits, convenience stores need to cover the basics… and that means ensuring customers have easy access to the funds.
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Stargroup lifts ATM revenue
Australian owned ATM deployer reports a 65 per cent revenue rise, sheds light on its P&C operations.
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