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Payment gateways news stories - Page 2

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Cybersecurity
Alibaba Cloud and LGMS tackle hybrid and multi-cloud security
Alibaba Cloud and LGMS, a cybersecurity consulting company, are teaming up to tackle the challenge of security around digital transformation and hybrid cloud.
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Payment gateways
Australia’s eftpos launches with Samsung Pay
eftpos has announced that eftpos payments via Samsung Pay are now live for millions of CBA multi-network cardholders.
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Microsoft
Adyen collaborates with Microsoft to accelerate payments innovation
Adyen has expanded its collaboration with Microsoft with the intention of delivering network token optimisation.
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Smartphone
Consumers can now pay with eftpos via Samsung phones
Heritage Bank is the first issuer to launch the solution, which allows Samsung Pay users to make debit card payments via eftpos or the Visa network.
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SaaS
Payrix completes acquisition of IntegraPay, expands into A/NZ region
Upon completing the acquisition of the Brisbane-based payment service provider, Payrix states its expansion efforts are in motion.
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Payment gateways
DataMesh tech cuts transaction costs with least cost routing
DataMesh sees $500 million per annum reduction in transaction fees for merchants when fully implemented.
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Payment gateways
Dell extends payment flexibility plan
Offers extended terms of payment for customers looking to offset challenges associated with the economic downturn.
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Payment gateways
Huawei launches digital payment cloud solution
Huawei recently held its Better World Summit 2020, in which the company revealed details of its new digital payment cloud solution.
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Cybersecurity
Cybercrims' web skimming strategies taint web analytics platforms
“This is a technique we have not seen before, and one that is particularly effective."
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Point of Sale / POS
1.75 billion mobile users to adopt mobile POS payments by 2024
The dropping price of Point of Sale terminal devices will spur adoption globally.
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Payment gateways
Merchant choice routing: A process to significant savings for businesses
Merchant choice routing offers businesses the ability to override these defaults in the card and use the smarts in the terminal to process the transaction via the lowest cost network.
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Payment gateways
The rise of contactless card payments in the time of the COVID-19 pandemic
Australia is witnessing a sharp spike in the number of contactless payments during the COVID-19 pandemic, with the government advising consumers to avoid contact with POS terminals.
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Payment gateways
COVID-19 highlights need for instant, real-time payments - GlobalData
“The ability to send money to a contact and have them be able to use it right away presents a powerful tool for families and communities to support each other through the present hardship. 
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Payment gateways
Vodafone drops cheques in move it calls (sigh) "Chexit"
Vodafone is, ahem, chequing out of the now old-school payment method as it focuses on developing its digital-first services.
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Payroll
New platform launched to address employee underpayment across Australia
“Until now employees have relied on their employers to meet their obligations, but the extent of the reported wage theft incidents over the last twelve months show that this is not working."
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Biometrics
Kiwis 'considerably' more likely to use biometric payments than Australians
The report finds 64% of New Zealanders are familiar with biometrics and 68% have used fingerprint recognition.
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Accounting
Xero and Square buddy up for enhanced integration
Invoices can be paid instantly with Square and are automatically recorded in Xero, reducing admin time for businesses.
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Payment gateways
Kiwibank to stop accepting cheques
Kiwibank will no longer accept cheques as cheque use declined and customers moved to faster, safer and cheaper ways to pay and get paid.
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Payment gateways
PAX Technology prepares for AU rollout of Android payment terminals
Payment terminals provider PAX Technology will launch its Android products into the Australian market next year, following completion of domestic compliance and software requirements.
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Payment gateways
PPRO accelerates growth in APAC with new addition to leadership team
"Phua's appointment marks the strategic importance of the Asia Pacific region to the company."
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Cybersecurity
Lack of PCI DSS compliance putting payment security at risk
Organisations across Asia Pacific are demonstrating stronger payments security compliance compared to other parts of the world, however global trends indicate that payments security compliance has dropped for the second year in a row.
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Payment gateways
Kiwis slow to jump on eWallet bandwagon
New data highlights that only 16% of all online purchases made in New Zealand in 2018 were via eWallet, with local adoption rates trailing the global average of 37%. Similarly, only 2% of instore retail payments were made via eWallet compared to 12% globally.
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Blockchain
New blockchain platform for B2B cross-border payments
The platform from the new company Global Direct could be a game-changer for cross-border B2B transactions.
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Payment gateways
Inland Revenue & ACC to stop accepting cheques from March 2020
Inland Revenue received more than 430,000 cheque payments in the last financial year, but the amount of cheque payments has been dropping around 20% each year, according to the firm.