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News & Analysis
Square payment platform to integrate with all major accounting solutions
Square has integrated its services with MYOB’s accounting solutions, completing its plan to integrate with all major accounting solutions in Australia.
News & Analysis
Real-time payments to hit 10.1 trillion by 2023: report
The Visa Insights: Australia’s Fast Future report suggests real-time payments and person to person (P2P) payments will reach 10.1 trillion by 2023 led by demand from the gig economy.
News & Analysis
Commonwealth Bank officially on board with Apple Pay
Commonwealth Bank has officially rolled out Apple Pay for Commonwealth Bank and Bankwest customers with debit and credit cards.
News & Analysis
Just 66 percent of Australian online businesses are selling internationally
Access to new ideas and products, better long-term prospects, and access to a wider talent pool are the top three factors pushing Australian businesses to expand overseas
News & Analysis
Square launches SDK to enable businesses to process in-app payments
Square is continuing its push beyond the market stall, today launching a software development kit (SDK) to enable businesses to process payments through their own apps.
News & Analysis
TransferWise launches TransferWise for Business service in Australia
TransferWise for Business allows businesses to create a centralised account from which they can send and receive funds in 45 currencies.
News & Analysis
NAB to enable merchants to take payments through Alipay
National Australia Bank (NAB) has announced a collaboration with Chinese payment platform Alipay that will allow its merchants to take payments from customers via Alipay.
News & Analysis
NAB Ventures backs smart terminal startup Poynt in US$100 million Series C round
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
News & Analysis
Late payments leave small business owners in the lurch
75 per cent of Australian SMB owners said they can’t be sure they’ll be able to pay their own bills on time due to unpaid invoices.
News & Analysis
University payments startup Get raises $3.4 million
Get, the Sydney-based university payments startup formerly known as Qnect, has raised $3.4 million in a funding round led by Vertex Ventures and Click Ventures.
News & Analysis
Australia ranks 9th for transactions through Alipay during China’s Golden Week holiday
Australia’s transaction value through Alipay during China’s Golden Week holiday last week ranked 9th globally, with the number of transactions up 105 percent on 2017.
News & Analysis
Payments app Beem It appoints CBA executive Angela Clark as CEO
Former Commonwealth Bank executive Angela Clark has been appointed CEO of Beem It, the P2P payments app launched by a handful of banks earlier this year.
News & Analysis
ANZ enables smartphone-based ATM withdrawals as Westpac allows customers to transact via Siri
ANZ has released ‘Wallets@ATM’, a feature allowing customers to withdraw cash from the bank’s ATM using their mobile device rather than their plastic card.
News & Analysis
Cash no longer king: 80 percent of consumers prefer to pay by card
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.
Podcast
[PODCAST] Startup Meet Corporate – Episode 22: Square
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.
