Articles with tag eftpos

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eftpos moves forward and trials digital payment option

eftpos is attempting to a take a new, low-cost approach to secure online and mobile digital payments through a new trial in partnership with two banks and a large retailer.

Posted Mon 16/12/2013 12:00:00 / Read More »

eftpos to boost competition with payment network update

eftpos is revamping its network payment system by building a centralised payments hub in hope to revitalise the company’s core network and bring new domestic products to market faster.

Posted Thu 03/10/2013 12:00:00 / Read More »

RBA extends payment network selection to include eftpos

Reserve Bank of Australia together with Australia's three major debit card networks - eftpos, MasterCard and Visa - have come to a voluntary agreement over dual-network debit cards.

Posted Fri 23/08/2013 12:00:00 / Read More »

eftpos rewarding diners

eftpos is rewarding customers for dining with partner restaurants.

Posted Wed 02/01/2013 12:00:00 / Read More »

Eftpos transactions hit new record

Australians made about $250,000 worth of eftpos transactions almost every minute of every day during the month of July, setting a new record for eftpos transaction volumes outside of the traditionally busy Christmas period.

Posted Fri 05/10/2012 12:00:00 / Read More »

Eftpos transactions lift year-on-year

While February eftpos results have declined slightly from January as spending returns to "normal" after the traditional holiday period, the results were still strong.

Posted Mon 30/04/2012 12:00:00 / Read More »

Eftpos transparency needed

This comes after Australia's major banks demand for more power to self-regulate the EFTPOS industry, despite evidence showing consumers and retailers are being burnt in the current regime.

Posted Fri 27/04/2012 12:00:00 / Read More »

eftpos transactions lift by 9.8%

Australians are trending towards using debit to pay for goods and services, according to eftpos as January 2012 figures indicate a 9.8 per cent increase in eftpos transactions compared to the same period in 2011.

Posted Tue 20/03/2012 12:00:00 / Read More »

eftpos usage grows steadily

ePAL indicated that eftpos transactions volumes grew from 178.2 million to 180.7 million from April to May.

Posted Thu 28/07/2011 12:00:00 / Read More »

New eftpos model, new fees

EPAL has announced a new multilateral interchange fee model for eftpos transactions, part of a package of measures to strengthen the competitiveness of the popular system.

Posted Tue 08/03/2011 12:00:00 / Read More »

SMEs to make noise on eftpos fees

EPAL board members are made up of representatives of four banks - Commonwealth Banks, National Australia Bank, ANZ, Bendigo Adelaide Bank - indicating that the decisions being made for the eftpos market are bias.

Posted Mon 07/03/2011 12:00:00 / Read More »

Talks for a level playing field for eftpos

In a recent meeting, the Payments System Board of the RBA discussed date reporting requirements imposed by international card schemes on some transactions through the eftpos system, and brand fees imposed by one scheme on those transactions.

Posted Mon 28/02/2011 12:00:00 / Read More »

Fraud on EFTPOS cards 10 times lower than other cards

Pressing cheque or savings at the point of sale is the safest and most secure point of sale payment option for Australian consumers, according to the Australian Payments Clearing Association.

Posted Fri 23/07/2010 12:00:00 / Read More »

Retailers warned about card skimming fraud

Fraud squad detectives are warning consumers and retailers to be vigilant around EFTPOS terminals after a string of recent incidents in NSW.

Posted Fri 22/01/2010 12:00:00 / Read More »

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