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Technology news for Australia's largest enterprises

Buy now, pay later news stories

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Digital Transformation
Understanding modern retail through the Gen Z filter
Retailers face the challenge of managing their own digital transformation while also scrambling to serve the needs of a younger and increasingly online-savvy audience.
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Cloud
Adyen expands partnership with Afterpay as BNPL payments increase
Adyen has expanded its partnership with AfterPay allowing more of Adyen’s merchants in more countries worldwide to use the BNPL provider.
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Payment
An inside look: The State of Australian Payments 2022
Over the last three decades, the manner in which individuals spend and send money has been changing as a direct result of the emergence of new technologies.
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Online shopping
A/NZ shoppers plan to spend less, be more selective
For retailers, 2022 is set to be a year of introspection as shoppers across Australia and New Zealand indicate they plan to spend less.
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Cloud
Limepay launches new digital B2B payment system STACK
Limepay says its new solution will help businesses improve cash flow reliability and deliver secure, convenient payment options
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Cryptocurrency
Three eCommerce trends set to dominate in 2022
Digital commerce sales in Australia have jumped significantly due to pandemic business conditions. Regionally, digital commerce in APAC is expected to nearly double in size by 2025.
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Point of Sale / POS
FIS says Australians paying with digital wallets by 2025
A new report from FIS says digital wallets will become the dominant way Australians will pay from as early as 2025.
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eCommerce
NZ’s eCommerce market set to grow as demand for alternative payment methods increases
New Zealand’s eCommerce market set to grow 38% by 2025, with demand increasing for alternative payment methods.
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Payments
QuickFee launches payments platform, improves profitability
QuickFee Limited has announced the completion and launch of its proprietary payments platform, QUBE, and subsequent improvement to operating profitability.
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Forter
Fighting smart against policy abuse in online retail
The trouble with policy abuse, compared to conventional fraud, is that policy abusers are not necessarily cybercriminals who are hiding their identity.
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Cloud
Klarna brings rewards program, new features to New Zealand
All-in-one shopping app Klarna is launching its rewards program in NZ, rewarding consumers for every payment they make on-time and providing access to exclusive in-app perks.
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Finance
Retail sector set to account for almost half of embedded finance market
Embedded finance is set to be worth US$3.5 trillion to the global retail sector, according to a new report.
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Online shopping
2021 the year of retention for retailers - report
Transparent delivery, flexible payment options and website speed are key factors driving online shoppers.
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Buy now, pay later
BigCommerce offers Sezzle BNPL integration for merchants
"Sezzle’s commitment to giving consumers a responsible way to slowly build credit without taking on large amounts of debt was a key differentiator in deciding to make them a preferred BNPL partner.”
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Buy now, pay later
ASUS selects hoolah as first ever BNPL retail partner
ASUS says there is wide appeal for BNPL services amongst millennials and Generation Z.
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Buy now, pay later
Payments industry 'flying blind' as vulnerable consumers get caught in BNPL debt
"This is building up to be a trainwreck for vulnerable customers and the question for regulators is whether they will prevent substantial consumer detriment."
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Financial institutions
The rise of the Neobanks: How they challenge traditional banking
Neobanks are catering to customers who are tired of the big banks and those who seek alternatives, says financial advisory firm Mozo.
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Retailers
Buy Now Pay Later users ditching their credit cards
"Buy Now Pay Later has changed the face of the way we pay for goods."
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Payment gateways
Instalment service provider PartPay acquired by Australian player Zip
The acquisition gives Zip exposure to four key geographies – New Zealand, United Kingdom, United States and South Africa.