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eftpos rewarding diners
eftpos is rewarding customers for dining with partner restaurants.
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.
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.
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.
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.
eftpos usage grows steadily
ePAL indicated that eftpos transactions volumes grew from 178.2 million to 180.7 million from April to May.
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.
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.
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.
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.
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.
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