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Inspiring Business Podcast Episode #52: It’s not Contrarian when it serves your Values and Direction
Steve Sandor in his Inspiring Business Podcast recently featured Mangala Martinus, Managing Director of Payments Consulting Network (PCN), in Episode #52 entitled: It's not Contrarian when it serves your Values and Direction. The podcast covers a fascinating discussion highlighting PCN's approach and it's pathway to success. "For me, it’s about collaboration. That’s the reason behind PCN’s tagline - Connect, Collaborate, Create. Hence, partnerships are important." Here are more points you may look forward to listening to as Mangala discusses [...]
An evolving philanthropic practice
Philanthropy, or “giving” as we typically refer to it in our messaging, isn’t a topic that many of us feel comfortable speaking about publicly as individuals, and companies are just as cautious to ensure what they do is genuine and not just perceived as a branding exercise. While I have always spoken about my approach and philosophy around giving to close family, friends, our Payments Consulting Network team, and charity partners, it’s something I rarely spoke about outside of [...]
RBA Submission – Review of Retail Payments Regulation Consultation Paper
Payments Consulting Network (which powers Merchant Pricing Hub) has made a submission to the Reserve Bank of Australia in relation to its Review of Retail Payments Regulation Consultation Paper. Over the last 12 months we have supported over one hundred small, medium, and large businesses, industry associations, and not-for-profit organisations, to lower the cost of payments and improve service levels. Least-cost routing has been an important enabler in helping us achieve significant cost savings for clients. The submission outlines our position [...]
Peak industry associations join forces to promote least-cost routing
Five of Australia’s leading retail industry associations have called on banks to be more proactive in educating their business customers on least-cost routing and making it easier to access the huge savings to be achieved by it. COSBOA, the Australian Retailers Association, National Retail Association, Master Grocers Australia and the Australian Convenience and Petroleum Marketers Association, say it’s time for Australian banks to be called out on their lack of transparency and efforts to inform businesses that they have [...]
Aussie Small Business urged to research their options to avoid waste in merchant fees
Many of Australia’s 2.1 million small businesses are wasting hard earned revenue by not investigating the best payment service provider, nor making the most of least-cost routing, according to a specialist payment consulting firm. Payments Consulting Network warned most small retailers, who often don’t have time to research or money to appoint specialist consultants to determine the best option, were not aware of least-cost routing or other opportunities available in the payment landscape. The warning comes as Payments Consulting Network [...]
A Global Guide to Fintech and Future Payment Trends
Author and PCN Associate Peter Goldfinch has launched a book titled A Global Guide to Fintech and Future Payment Trends. The payment system sector of banking and finance touches all global citizens. Being able to make and receive payments determines our standard of living. In developed countries like Australia and the United Kingdom the payment system is sophisticated. However, in emerging economies the under developed payment systems are holding back economic and social development. This is why the World Bank, [...]
