NPP stories
The RBA will ban surcharges and cap interchange fees on card payments by mid-2026, boosting alternative methods like Account-to-Account payments.
Zepto's new PayTo Index reveals AUD $612m in real-time payments with over 1 million transactions, marking a shift from Australia's legacy BECS system.
Monoova, Payroo and SuperAPI have teamed up to launch a one-click payroll solution to help Australian employers meet new PayDay Super compliance requirements by 2026.
Digital payments in Australia now dominate eCommerce, rising from 34% in 2014 to 66% in 2024, reshaping consumer habits and financial services.
Zepto's Trevor Wistaff urges Aussie businesses to adopt real-time payments via NPP now, enhancing speed, security and customer control over funds.
DAS unveils detailed regional crop growth data using satellite tech and AI, spotlighting sharp disparities in Australia's winter crop yields amid climate uncertainties.
Monoova partners with Guidewire to modernise Australian insurance payments, introducing new methods like PayTo to replace direct debits by 2030 and enhance client satisfaction.
PayTo is revolutionising payments for Australian telcos, offering faster processing, lower costs, and enhanced customer trust, setting a new industry standard.
Waave launches Waave Wallet, a novel payment method using biometric security and real-time account transfer; a move to tackle cyber breaches and reduce Australia's AU$3 billion in annual merchant fees.
Zepto, an account-to-account payments technology leader, embraces growth by naming industry veteran Colin Baines as Chief Commercial Officer.
Recently I had the opportunity to sit down with SWIFT head of Oceania Bill Doran to discuss how payments are changing on a global scale.
