Payments

Bankwest customers will now be able to use touch and go payment rings to make purchases after bank staff developed and trialled different kinds of wearable payment technology.

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ASX-listed RegTech company Kyckr has signed up a global payments provider in a deal that is worth $150,000 a year in revenue.

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Mobile payments provider Pushpay has announced it has achieved its US$100 million annualised committed monthly revenue target three months ahead of schedule.

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The Tyro payment network will shift to a ‘least-cost routing’ method in the first quarter of 2018 in an effort to reduce merchant fees.

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Payments fintech Sniip has entered into a nationwide agreement with Australia Post that will allow consumers to pay bills using the Post BillPay barcode.

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