Australia - page 5

Fintech & Ecommerce

Card payments in Australia to grow by 8.3% in 2021: report

The country’s payment card market has been booming over the past few years but saw a slowdown amid the pandemic

Countries

4 out of 5 consumers worldwide would use biometric payment card

The survey shows that many consumers are willing to use biometrics technology for payments

Countries

Virgin Money Australia digital bank goes live with Temenos

The next phase of the digital bank is underway, which includes new products such as home loans and new deposit options

Countries

Virgin Money Australia unveiled a digital banking platform

The new “digital-first” banking infrastructure was built from the ground up, which required a fresh BPAY connection

News

PayPal launches instant transfers to bank accounts in Australia

The feature is available to eligible small business and consumer customers of PayPal Australia

Finance & Economics

Over half of Aussie millennials don’t have regular savings plan

1,002 Australian millennials aged between 24-39 years old expressed their opinions

Countries

Australia’s digital wallet transactions increased by 90%: research

 The popularity of digital wallets among consumers is also improving the way businesses receive payments

Countries

German seniors to make most purchases online in 2022: survey

Over 9,000 consumers from the US, UK, Australia, Germany, Austria, the Netherlands, Norway, Finland and Sweden participated in the poll

Countries

Australia trials digital age checks for online alcohol sales

This solution simplifies for consumers to identify themselves, while also helping alcohol merchants meet their compliance obligations

Countries

Australia’s economic forecast 2021: what’s coming next?

Bader Al Hussain PaySpace Magazine Analyst   Introduction The global spread of the pandemic ravaged the world’s economy and the Australian economy was no different. Due to the novice nature of the crisis the world’s markets and economies panicked, resulting in worldwide lockdowns, together with a strong bearish sentiment in the capital markets. However, after […]

News

Australian casinos will ban cash: reason unveiled

Both casinos will also stop paid-for-trips seeing that it’s a major source of illegal activities

News

Americans are the most optimistic about their finances: research

 Klarna surveyed over 9,000 consumers across the US, the UK, Australia, Germany, Austria, the Netherlands, Norway, Finland, and Sweden

News

Stripe Issuing service is now available in Europe

Stripe Issuing is giving businesses more control over how they spend their money

News

Afterpay launches virtual card for in-store payments in Australia

Customers can pay by simply tapping on the payment terminal at checkout

Articles

The most expensive and cheapest countries to live in 2021

Let’s find out where in the world is the lowest price for food, rent, and utilities

Countries

Aussie debit card payment system is rolling out new anti-fraud tools

The launch is aimed at helping Australians make more secure payments online