payments industry – APCA Blog

How Australians Make and Take Payments

Andy White — Wed, 20 Sep 2017 06:16:49 +0000

The RBA recently published its 2016 Consumer Payments Survey. Key findings were that survey participants made 37% of their payments with cash (compared to 69% in 2007) and 52% of their payments with a card (compared to 26% in 2007). This…

Contactless payments being trialled by Transport NSW

Andy White — Thu, 06 Jul 2017 03:16:52 +0000

Sydney commuters will now be able to use their contactless payment cards (or devices, such as a smart phone or wearable) to pay for passage on the Manly ferry, in the Contactless Transport Payments trial announced by Transport NSW. This…

Milestones Report, May 2017: Cheque use plunges in the digital economy

Payments Direction — Thu, 08 Jun 2017 22:58:09 +0000

Our latest Milestones Report looks at the payment choices Australian make. It’s clear that the vast majority are moving away from cash and cheques faster than ever before. This is happening because widespread use of new technology combined with a…

Budget Night 2017: Initial view from payments

Payments Direction — Tue, 09 May 2017 22:33:08 +0000

Merric Foley, our Policy Manager, was on the ground in Canberra for the 2017 Budget, which contained a number of measures directly affecting the payments industry. Of particular interest is new funding for Treasury to undertake an independent review into the…

CEO Speaks at NORA: Changes Currently Impacting the Payments Industry

Payments Direction — Fri, 05 May 2017 02:21:38 +0000

As part of the recent National Online Retailers Association (NORA) Leader Lunch Series, Australian Payments Network CEO Dr. Leila Fourie spoke about how technological advancements and consumer expectations are changing the future of retail payments. Australia is fast becoming a less-cash…