Australia

ipaymy Launches Automated Invoicing Platform for SMBs
ipaymy Launches Automated Invoicing Platform for SMBs
January 15, 2024  |  B2B Payments

Singapore-based FinTech ipaymy has launched an automated invoicing platform for small- to medium-sized businesses (SMBs) in Singapore, Hong Kong SAR, Malaysia and Australia.  The new Fetch platform is...

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Spenda and eBev Partner on Integrated Payments Solutions for Marketplace
Spenda and eBev Partner on Integrated Payments Solutions for Marketplace
December 27, 2023  |  B2B Payments

Spenda has partnered with eBev to provide integrated payments solutions across the eBev marketplace, which enables the ordering of alcoholic beverages for Australia’s hospitality supply...

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Australia to Regulate Digital Wallets Alongside Credit Cards
Australia to Regulate Digital Wallets Alongside Credit Cards
November 27, 2023  |  Legal

Australia is set to introduce legislation governing the use of Apple Pay and other digital wallets. The new rules, scheduled to be announced this week, would place...

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Australia’s BNPL Use Surges Among Younger Consumers
Australia’s BNPL Use Surges Among Younger Consumers
November 27, 2023  |  BNPL

Australia’s younger consumers are increasingly embracing buy now, pay later (BNPL), a new survey shows. More than 40% of shoppers between 18 and 39 use the installment...

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Volt Expands Real-Time Payments Platform Into Australia
Volt Expands Real-Time Payments Platform Into Australia
November 22, 2023  |  Real-Time Payments

Global real-time payments platform Volt has expanded into Australia. Already established in the United Kingdom, Europe and Brazil, Volt is taking another step in its...

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Nuvei to Acquire Till Payments for $30.5 Million
Nuvei to Acquire Till Payments for $30.5 Million
November 17, 2023  |  Acquisitions

Canadian payments processor Nuvei is reportedly set to acquire Australian PayTech company Till Payments for 47 million Australian dollars (about $30.5 million). Nuvei’s acquisition of...

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Binance Discontinues Visa Debit Card Services in Europe
Binance Discontinues Visa Debit Card Services in Europe
October 20, 2023  |  Cryptocurrency

Binance, one of the world’s largest cryptocurrency exchanges, has announced that it will no longer offer its Binance card services in the European Economic Area...

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Poshmark Exiting Overseas Markets to Focus on US
Poshmark Exiting Overseas Markets to Focus on US
October 20, 2023  |  eCommerce

Poshmark is shuttering some overseas operations and paying greater attention to America’s recommerce market. “In order to focus on Poshmark’s North America business and drive meaningful...

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Australia Considers Regulation of Digital Payment Services
Australia Considers Regulation of Digital Payment Services
October 11, 2023  |  Digital Payments

The Australian government has announced its plans to introduce new legislation that would empower the Reserve Bank of Australia to regulate digital payment services, including digital wallet...

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