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Intabill now in liquidation, story of missing millions still unresolved

Creditors of failed Brisbane based Internet payments processor, BT Projects Pty Ltd or Intabill, as it was known, may soon get a final report from the liquidator – John Park at KordaMentha. Some of the world’s largest online gambling businesses, such as FullTiltPoker.com and AbsolutePoker.net are amongst those anxiously awaiting the report. They are out

Click on the title to read more Intabill now in liquidation, story of missing millions still unresolved

Supreme Court dismisses claim, confirms Bolton loss of Bottle Domains license

Victoria’s Supreme Court has rejected Nick Bolton’s attempt to retain the license for one of his domain name businesses – Australian Style trading as Bottle Domains.

Justice Hargrave today handed down his decision in the case, and appears to have comprehensively rejected Bolton’s arguments.

Indeed, the judge found that Bolton had himself, “failed to act

Click on the title to read more Supreme Court dismisses claim, confirms Bolton loss of Bottle Domains license

Jetstar’s online payments chief explains why POLi, but no PayPal or Bpay.

Jetstar image by chalky lives cc 2.0

Jetstar is one of Australia’s biggest ecommerce businesses. Of the almost one million bookings it handles each month, some seventy per cent, worth hundreds of millions of dollars, are processed online. So when Jetstar recently announced it now offers POLi to its customers as a

Click on the title to read more Jetstar’s online payments chief explains why POLi, but no PayPal or Bpay.

ANZ blames Telstra, apologizes for system crash hitting ecommerce businesses

Telstra has been blamed for an outage at the ANZ bank yesterday that left ecommerce businesses unable to process online payments through Securepay’s payments gateway. A spokeswoman for the ANZ confirmed the system outage in response to an eCommerce Report enquiry. She said that ANZ was one of a number of Telstra customers affected by

Click on the title to read more ANZ blames Telstra, apologizes for system crash hitting ecommerce businesses

RBA proposes new deal for wholesale EFTPOS fees

Proposed new Reserve Bank of Australia (RBA) rules could help Australia’s EFTPOS system regain lost ground from Visa and Mastercard. The new rules are intended to see the same system of regulatory standards applying to both EFTPOS and scheme debit cards. Australian banks will be able to earn the same wholesale fees on EFTPOS card

Click on the title to read more RBA proposes new deal for wholesale EFTPOS fees