Tag Archives: MasterCard

Flexigroup reveals ‘debit card on steroids’ with Mastercard

Flexigroup has announced a new buy now, pay later (BNPL) innovation in partnership with Mastercard. Named Bundll, the new product allows consumers to buy anything, anywhere, now, and pay later with no interest and no strings attached. It is claimed to be the first of its kind to allow consumers …

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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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Australians love to be rewarded for loyalty

New research from Mastercard reveals that nine out of ten Australians have a loyalty card in their pockets. Surveying 7,000 loyalty-program participants from across Asia Pacific (APAC), the inaugural study ‘Achieving Advocacy and Influence in a Changing Loyalty Landscape’ is one of the biggest loyalty studies conducted in the APAC …

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Shoppers vote with their feet over card restrictions

Australian businesses could be losing up to 56 per cent of customers due to minimum spends or not accepting card as a payment method. A study commissioned by Mastercard revealed that four in five Australians agreed that they resent restrictions such as minimum spends and charges when making payments by …

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Mastercard teams up with Fitbit

Mastercard is bringing Mastercard contactless payments to Fitbit’s first smartwatch, Fitbit Ionic. With Fitbit Ionic, health and fitness enthusiasts who use the device will be able to add their eligible cards to their fitness smartwatch and pay by simply tapping their device near a contactless terminal at more than 6.6 …

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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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