Eftpos news and trends

New Payments Platform Australia Merges With Eftpos, BPAY
B2B Payments // December 15, 2020

New Payments Platform Australia (NPPA), which oversees all transactions through Australia’s updated payment system, has announced that it will merge with Eftpos and BPAY, according to a report from ZDNet. The new combined company will help to make a more unified entity that will help...

Australia’s Central Bank Calls For Switch From Visa, Mastercard To Cheaper EFTPOS
Payment Methods // February 05, 2020

Australian regulators are considering whether it is necessary to stop banks from automatically routing “tap and go” card payments through Visa and Mastercard, when retailers could be using EFTPOS, which is a local payment network that is cheaper, according to a report by Reuters. Visa...

BPI And BDO Unibank Assure Senate Panel Compromises Are Under Control
Banking // June 23, 2017

BPI and BDO Unibank, two banks in the Philippines, said this week they have addressed issues that resulted in a 26-hour system shutdown at BPI and ATM comprises at BDO. According to a news report in Finextra, representatives from the banks told the Senate Committee on...

Quick Reads
Payments Network Eftpos Gets OK From Australia for Digital ID Verification

September 27, 2021
Eftpos has become the first private sector digital identity exchange to be accredited by Australia’s government under the Trusted Digital Identity Framework (TDIF), which will allow for use of the payment network in online transactions needing digital ID verification, NFCW reported. The Eftpos ConnectID solution allows consumers to confirm their identities through a link to […]

Australia’s Central Bank Calls For Switch From Visa, Mastercard To Cheaper EFTPOS

February 05, 2020
Australian regulators are considering whether it is necessary to stop banks from automatically routing “tap and go” card payments through Visa and Mastercard, when retailers could be using EFTPOS, which...

BPI And BDO Unibank Assure Senate Panel Compromises Are Under Control

June 23, 2017
BPI and BDO Unibank, two banks in the Philippines, said this week they have addressed issues that resulted in a 26-hour system shutdown at BPI and ATM comprises at BDO....