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Category: Business News

Westpac unveils cloud merchant terminal app

Business News Nicholas Rider -
Westpac has launched its first third party Android terminal app, Presto, as part of new cloud-based integrated payments solutions for merchant customers. Developed in collaboration with payments fintech mx51, the Presto app is...

Generative AI’s potential in retail

Business News Nicholas Rider -
Australia’s retail sector could unlock billions of dollars in value by 2030 if it accelerates the “responsible adoption” of generative artificial intelligence (GAI), finds a new report. The report, Australia’s Generative AI Opportunity,...

Aussie retailers embracing AI and automation

Business News Nicholas Rider -
44% of surveyed Australian retailers are either investing in or planning to invest in artificial intelligence (AI) and automation, according to recent research conducted by Shopify. These technologies are being employed for various...

Adyen helps retailers leverage payments data

Business News Nicholas Rider -
Adyen has launched Data Connect for Marketing, a new product enabling omnichannel retailers to leverage payments data to improve marketing initiatives and provide an enhanced understanding of customers. “Unique profile identifiers can link...

Lightspeed’s merchant cash advance program now in Australia

Business News Nicholas Rider -
Lightspeed has expanded its merchant cash advance program, Lightspeed Capital, to Australia, New Zealand, the UK and Quebec. Lightspeed is promoted as the unified POS and payments platform for ambitious entrepreneurs who wish...

Zepto to power Wpay’s PayTo offering

Business News Nicholas Rider -
Woolworths Group’s Wpay has selected Zepto to power its PayTo solution via the New Payments Platform (NPP). Developed by NPP Australia, PayTo is a new, digital way for merchants and businesses to initiate...

RBA cash rate update

Business News Convenience World Editor -
By CreditorWatch Chief Economist Anneke Thompson. Despite clear signs that the brakes are being slammed on the Australian economy, the Reserve Bank of Australia (RBA) once again chose to increase the cash rate...

Big businesses “woeful” payment times revealed

Business News Hailey Settineri -
Only three out of 10 big businesses pay their small business customers within 30 days while nearly one-quarter take more than 120 days to pay up, according to new payment times data. Australian...
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