QR payments allow the creation of a digital payment footprint that enables small firms to access credit from both big tech firms as well as banks.
May 10, 2022The RBA is seeking assurances on the timely implementation of new NPP services, and asking banks to improve the reliability of the NPP services they already provide.
May 5, 2022From 1 April, digital asset business operators are prohibited from enabling merchants to accept digital assets as a means of payment for goods or services.
March 24, 2022Rules issued last October were about to take effect that would have prohibited merchants from using personal QR codes to receive payments from 1 March.
February 28, 2022NFT and metaverse-related risks, and crypto account hacks and thefts, were cited as top information security risks for the first time.
February 18, 2022The new requirements will ensure merchant acquiring services have measures in place to manage settlement risk, financial risk, fraud risk, technology risk and cyber risk.
September 23, 2021The three payment schemes say their merger will allow them to bring innovative products to market more quickly, and will not reduce competition.
March 28, 2021The development of the new system, known as Retail Pay, was backed by a $8mn grant from the Korea International Cooperation Agency.
February 5, 2021Australia's eftpos, BPAY Group and NPPA will be preserved as distinct operations under a single Board with a shared roadmap for innovation and investment.
December 18, 2020The investor KYC process can be completed through websites or apps, which should include video-based ID verification, liveness checks, and electronic signatures and documents.
April 27, 2020