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Payments

Tim Stewart

zipMoney has secured a $40 million investment from Westpac as the bank looks to roll out the point-of-sale credit service across its payments network.

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Jessica Yun

Australians are making more payments by debit and credit card than by cash, new research by the Reserve Bank of Australia (RBA) has found.

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Reporter

MyState Bank is now offering Samsung Pay to its 100,000 customers, adding to its previous roll-outs of Apple Pay and Android Pay in the second half of 2016.

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Shared from investordaily.com.au

Westpac has been named among 22 global banks that will join Swift’s proof-of-concept to test whether blockchain technology can reconcile accounts held in foreign banks.

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Reporter

Thirty-eight financial institutions will now offer Samsung Pay as part of an agreement between Samsung Australia and payments provider Cuscal.

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