NAB Ventures, the venture capital arm of National Australia Bank (NAB), has joined investors including Elavon in backing smart payment terminal startup Poynt in a US$100 million ($139 million) Series C round
The average Australian carries less than $60 in their wallet, with 80 percent of consumers preferring to pay by card, a new report from Square has found.
We had a chat with Ben Pfisterer about the growth of Square in Australia, how it has gone about forming its partnerships, and its place in the local fintech landscape.
Square and Bank of Queensland (BOQ) have joined forces to deliver small business more flexible payment options.
While conventional business thinking is to develop a product and launch it when its development is as close to perfect as it can be, Jack just launches a new product as early as he can.
In Melbourne to celebrate Square’s second birthday in Australia, the company’s cofounder and CEO Jack Dorsey also announced Square is set to build out an engineering hub down under, its first outside North America.
Vend has announced the appointment of former Yelp director Dave Scheine as the company’s new country manager for Asia-Pacific.
As usage of ATMs falls, most experts are forecasting the full transition to a cashless society will take place somewhere between 2020 and 2022.
Payments company Square has revealed some figures around its growth in Australia since the local launch of its card reader last year, stating that over 60,000 businesses are using one or more of its products.
A few months after launching its contactless reader, Square is continuing its roll out of new products in Australia, today launching its Build with Square suite of payment APIs locally to enhance its omni-channel offering.
Payments company Square has today launched its contactless and chip card reader into Australia, the first market outside the US to welcome the device.