PayPal

Commonwealth Bank, Westpac, and National Australia Bank are launching a payments app to enable instant payments for consumers and businesses.

ToolMates Hire is the latest platform to make a splash in the P2P lending market, allowing users to do exactly what its name suggests – lend and hire tools.

Four months after appointing a new CEO, Sydney-based fintech company Tyro Payments has announced Kareem Al-Bassam as its Head of Product.

Over 70 percent of Australian consumers are using their mobile devices to make payments, with 22 percent spending more than $500 a month via mobile.

Tyro Payments has today announced Tyro Mobile, a partnership with PayPal that will see small businesses able to accept mobile payments from PayPal users in store.

A couple of weeks ago I sat down with Aunkur Arya, the General Manager of Mobile for payments company Braintree, to discuss the findings of a recent survey and analysis conducted by the company powered by SurveyMonkey.

It’s understandable why online payments stalwart PayPal is pissed. Apple recently omitted PayPal from its list of preferred payments platforms. That’s a massive blow to PayPal’s ego. It’s like being the cool kid in high school and then a new cool kid comes along and doesn’t invite you to his party. Ouch.

The introduction of the new v.zero SDK by Braintree, which rolled out across Australia yesterday is definitely going to cause startups to think hard about their choice of payment portal, mainly due to the fact that this new service will allow people to integrate Paypal and Braintree simultaneously into their website or application.