Tag Archives: eftpos

Cautious welcome for more choice on tap and go

The Australian Retailers Association (ARA) has welcomed greater choice for retailers on tap and go payments, but urges more action. The ARA says it’s “pleased” that ANZ and Westpac have decided to give retailers a choice on how tap and go debit-card transactions are processed. But although it’s a “step …

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Big banks still ‘feeding’ off SMEs

Ombudsman Kate Carnell says she’s concerned that major banks still haven’t lowered costs for the use of debit cards. Despite promises, she says, the banks still haven’t put into action the “least-cost routing” of debit cards’ tap-and-go payments. ‘Still waiting’ “The House of Representatives Standing Committee on Economics recommended banks …

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Payment revolution: how retailers can cash in

As a society, we’re undergoing a payment revolution, says CEO of Live eftpos & Live Group Reuven Barukh. Here are five key trends retailers can leverage. 1. Digital wallets Digital wallets refer to services that enable you to make virtual payments via your smartphone. The convenience of making payments via …

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ARA pushes for streamlining payment options

The Australian Retailers Association has released its submission to the draft report of the Productivity Commission (PC) inquiry into competition in the financial system, advocating for payment reform to promote a more competitive, lower-cost payments system. ARA Executive Director Russell Zimmerman says key issues for retailers already struggling with high …

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ACCC issues payment surcharge warning for small businesses

As of September 1 this year, the ACCC will impose a ban on excessive payment surcharges for small businesses in Australia. Large businesses were hit with the ban last year. However, the new law for small businesses will limit the amount they can charge customers for use of various payment …

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Search for top retailers at ARA Awards

The hunt is on for the best and brightest retailers as the Australian Retailers Association (ARA) calls for nominations from the industry. The 2017 eftpos ARA Australian Retail Awards, held at The National Gallery of Victoria on August 3, is set to include a variety of awards for talent, achievement …

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