Offering more ways to pay leads to benefits for small businesses
New research by global small business platform Xero has revealed that a disconnect between the ways consumers want to pay and how small businesses want to be paid could be directly impacting customer retention and revenue.
Throughout human history, there have been many instances where the number 3 has had a unique significance. In ancient Greece, for example, it was considered the perfect number reflecting harmony, wisdom and understanding. For me, I find that if three or more unrelated people start talking about a specific topic, it takes on a particular relevance. The topic of the moment on every CISO’s lips seems to be unmanaged devices.
Payments provider Tyro Payments has partnered with StoreConnect, enabling integrated payments for the “first ever point-of-sale (POS)” built on Salesforce for small to medium size businesses.
Payments technology and Open Banking company Waave has announced the introduction of the Waave Wallet to house its upgraded Pay by Bank product, a real-time account-to-account payment method which now features “industry-leading” biometric security access - a first for payment methods in Australia.
COMPANY NEWS:
- Stripe Terminal will enable in-person payments for retailers using Just Walk Out technology.
- Amazon will use Stripe Connect to route payments from shoppers to businesses.
Insurance provider Insurance and Care NSW is partnering with business-to-business payment protection solution company Eftsure in a move designed to strengthen icare’s payment security.
New payments company Waave thinks its Pay by Bank service will provide the lowest cost way of making payments in Australia, while being simple and secure.
Cash flow specialist Cloudfloat has appointed former PayPal executive Tyson Hackwood as Chief Customer Officer.
Global payments and financial platform for businesses Airwallex has announced that it has slashed the cost of online payments processing for domestic credit and debit cards by nearly 30 per cent.
One in three Australians have started a small business or ‘side hustle’ since the start of the COVID-19 pandemic or plan to start one in the next 12 months, according to a new research study just released by the Commonwealth Bank.
ASX-listed but US-headquartered Splitit Payments has announced an extension to its agreement with Google for Google Store payments.
Guest experience and retention platform for the hospitality industry SevenRooms has announced an integration with Cybersource designed to enable hospitality businesses globally to accept payments seamlessly, without the need to manually build or connect to APIs.
Sydney-based payments fintech disruptor Till Payments has launched its NextGen Pay By Link offering, providing a secure, PCI compliant way for businesses to take remote payments, as well as the ability to accept Apple Pay and other alternative payment methods.
GUEST INTERVIEW: Getting the Sniip is a great new way to cut costs and save money, with the app enabling a much better way to pay bills, including no fees at all when using debit cards, making the Sniip app impressively rewarding.
GUEST INTERVIEW: Getting the Sniip is a great new way to cut costs and save money, with the app enabling a much better way to pay bills, including no fees at all when using debit cards, making the Sniip app impressively rewarding.
If you like'd to beam more cashback rewards into your life, then social payments app Beem It is the payments upgrade to scan with your sensors, as its new rewards feature gives customers the "potential" to earn cashback on their spend in-store or online at 500 merchants across Australia, including Breadtop Bakery, Ecco Shoes, Forever New, Luggage Direct, THE ICONIC, 1001 Optical and many more."
Commonwealth Bank has taken a 20% stake in fintech Paypa Plane in a move aimed at increasing the uptake of the New Payments Platform's PayTo service.
Australia-founded payments company Till Payments has acquired Ziosk's Zips payment processing business unit.
New retail data from Eftpos has revealed the Black Friday sales surge moved beyond online to music shops, fashion outlets, department stores and appliance retailers
A powerful new Artificial Intelligence-driven counter-fraud capability designed to stop online crooks in their tracks was today switched on by Aussie debit payments scheme eftpos, as the organisation "doubles on security smarts to help level the battlefield for consumers, merchants and crime fighters."
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