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Payments

Payments Archives

Square to buy Afterpay for $39 billion as buy now, pay later booms

Afterpay has been the bellwether of the niche online payments sector which burst into the mainstream last year.

PayPal Australia takes on Afterpay

Tech giant Apple may also be entering the BNPL arena, reports suggest.

Buy now pay later: What’s retailers’ responsibility?

Should retail brands be concerned about the growing ‘buy now, pay later’ debt accumulated by consumers?

Good. Different? Aldi follows rivals on self-service and e-commerce

Aldi Australia is rolling out self-service technology to select stores in NSW and taking its first steps in e-commerce.

Woolworths launching stand-alone payments platform, Wpay

Wpay will power payments inside and outside of Woolworths Group's businesses, and further extends the group into the ret...

Tyro compensation offer paves way for class action

According to Bannister, Tyro’s failure was extensive and disasterous, and the businesses impacted deserve fair compensat...

Australia’s Zip looks to drive deeper in Asia, may consider US listing

Zip's plan to expand in Asia follows its decision on Monday to take full ownership of a BNPL firm each in Europe and the...

Here’s what retailers need to know about central bank digital currencies

More countries are considering launching digital currencies. Here's what it means for retail.

Klarna, Flybuys partner to triple Australians’ loyalty rewards

Flybuys will allow customers to earn reward points for every dollar repaid through through the BNPL platform.

Smile to pay: the looming boom in facial recognition

Meanwhile, fingerprint sensors will dominate the sector, featuring on 93 per cent of biometrically equipped smartphones ...

Afterpay simplifies its in-store solution as BNPL picks up the pace

Utilising the payment structure of Google Pay and Apple Pay, customers can now use the Afterpay app to pay for goods in-...

Research suggests BNPL trend will disrupt e-commerce payments across Apac

Covid-19 has adversely affected consumers’ disposable income, resulting in rising demand for consumer financing and grow...

Eftpos, BPAY and NPP seek ACCC clearance to coordinate, collaborate

Group hopes to create a new, parent company NewCo, which will have its own board that all three businesses will sit unde...

Klarna funding round makes it Europe’s most valuable startup at US$31bn

Swedish payments firm Klarna has nearly tripled its valuation in less than six months.

CBA-backed Klarna to meet rivals at shops

Klarna also recently announced it has inked a deal with Asos that allows Australians to shop with the global fashion ret...