How much do Australian banks pay for Apple Pay?

With the news of NAB switching on Apple Pay fresh in the ears, it’s been revealed just how much Australian banks actually pay to use the digital wallet service.

RBA praises new payments platform development

RBA Assistant Governor Michele Bullock has provided an update on the progress of the new payments platform (NPP), praising the success of its implementation and adoption by smaller institutions.

Afterpay expands into travel services

Buy now, pay later juggernaut Afterpay has further expanded its services into travel, in a move that’s sure to be a hit with its younger, millennial user base.