Apple Pay joins eftpos for ANZ Access customers
ANZ Access debit card holders, get your iPhones ready because you’ll now be able to use Apple Pay on your next coffee run.
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Could the black economy crackdown spell the end of cash?
The emerging shift from Aussies opting for card payments over cash could continue to accelerate, with a recent report into the Australian black economy making a number of recommendations that could drastically disincentivise cash transactions.
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Young Aussies lead the charge in choosing debit over credit cards
Aussies are frequently choosing debit cards over credit cards when it comes to managing their spending, with young cardholders in particular preferring to steer clear of credit, according to the RBA’s Consumer Payments Survey.
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Cards are king: Plastic use overtakes cash as contactless payments rise
Card payments have overtaken cash for the first time in Australia, with transactions on debit and credit cards doubling since 2007 to become the most frequently used payment method, according to the RBA’s recently released Consumer Payments Survey.
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Consumers ready to ditch PIN numbers and embrace AI: Visa research
56% of Australian consumers with debit and credit cards would rather make payments with their fingerprint, voice or retinas than punch in a PIN number at the checkout, research commissioned by Visa has shown.
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Afterpay brings money management into fashion
New figures from retail payment platform Afterpay show that millennial fashion lovers are driving demand for the modern layby technology, but are mostly concerned with their budget’s bottom line.
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New in fintech: Finch app helps millennials balance social life and finances
As the fintech market in Australia heats up, Melbourne-based startup Finch has launched a new app aimed at helping millennials to balance their finances with busy social lives.
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ZipMoney set for growth with $200 million funding from NAB
Australian fintech zipMoney has secured a $200 million funding line, part of a $260 million facility from NAB, boosting its future profitability and share prices, reported the Australian Financial Review .
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Afterpay launches app aimed at millennial shoppers
Afterpay has released an app for iPhone and iPad aimed particularly at the millennial shoppers taking advantage of the take home layby technology.
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Afterpay the modern layby to launch at BIG W online
BIG W has teamed up with Afterpay, in a partnership that will soon allow participating customers to order items via its online store, and pay off purchases over a 6 to 8 week period.
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