Facebook to launch ‘Novi’ digital wallet ahead of its cryptocurrency ‘Diem’
Facebook prefers to launch Novi alongside Diem, a kind of digital currency called a stablecoin, which would be tied to the US dollar.
Raiz Rewards continues to grow as Aussies look to instant cash backs from online purchases
Revenue from online shopping continues to rise as more digital buyers turn to online purchases and incentive programs like Raiz Rewards.
Digital Wallets are now the most popular payment method in the World
The big news this year was a surge in digital wallet spending, which became the most popular payment method for e-commerce and POS transactions.
Fintech Rush Gold and EML start a gold rush with mobile wallet innovation
Fintech Rush has partnered with EML Payments to deliver the prepaid Rush Mastercard card, which allows Rush customers to pay with real gold in real-time.
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.
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.
Smartphone payments soar as digital wallets gain traction
Figures from banks show the use of digital wallets – smartphone payments or wearable devices that can make payments – is soaring.
Australian businesses shun cash amid pandemic concerns, research finds
A new report from payments company Square reveals that Australian businesses have experienced a cashless growth spurt amid the coronavirus pandemic.
