Australian government to review domestic payments system regulation
The Australian government will review the regulatory architecture of the country’s payments system to ensure it can support continued innovation.
Days of cash payments numbered as 19% of Aussie wallets go digital
New research shows that 19% of Australians – equivalent to about 3.7 million – now use digital wallets such as Apple Pay, Google Pay, and Samsung Pay.
PayPal to allow buying and selling of Bitcoin
Online payments platform PayPal will soon let its users buy, sell, and hold Bitcoin, Bitcoin Cash, Litecoin, and Ethereum on their accounts.
Where can you use bitcoin?
By using bitcoin as a way of paying transactions, the cryptocurrency may become a standardised way of paying for groceries or buying cars.
Shoppers flock to Raiz Rewards
Raiz Rewards purchases have surged as shoppers return to stores across Australia as the nation’s retail industry shows signs of bouncing back from COVID.
Central bank digital currency could be Australia’s monetary future
Central banks have an opportunity to innovate to keep pace with the changes in digital finance and a central bank digital currency is a potential solution.
FastBitcoins partners with Flexepin to expand global footprint
The deal with Flexepin (a subsidiary of payments company Novatti) expands FastBitcoins’ coverage to some 20,000 point-of-sale locations in Australia.
Visa wants to improve cryptocurrency technology
Visa wants other payment companies and banks to adapt to cryptocurrency technology as soon as possible.
