Open-Loop ABT Costs – Tap Aggregation
In our previous article Two Fare Validation Methods in Open-Loop ABT Systems we introduced two methods of fare validation - [...]
Fintech – New Label for a Mature Profession
Financial Technology or Fintech many would argue goes back to the launch of the Diners Club card in 1950. [...]
The Cost of Card Payments for Merchants
The average cost for a merchant to accept a card payment has declined over recent years. However, consumers are [...]
Q&A with Stephen Benton at eftpos
Australia's domestic card scheme, eftpos, has been transforming its product offering over the last two years beyond just supporting [...]
Least-cost routing explained
Merchants across Australia are faced with constant pressure on margins. Given that payment costs can be significant, it’s not [...]
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 [...]
What is Interchange and Why Does it Matter?
Even if you have never heard the term ‘interchange’ this article is for you as we look at what [...]
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, [...]
Surcharging and Cost of Acceptance
Author: Mangala Martinus, Managing Director, Payments Consulting Network The Reserve Bank of Australia (RBA) has established changes to card payments [...]
How to select an EFTPOS provider: Essential criteria a small business should consider
Author: Mangala Martinus, Managing Director, Payments Consulting Network, Sydney With almost twenty banks and payment service provider to choose [...]
