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$5million deal offers Australians shopping online with EFTPOS.

Australian consumers may soon be able to shop online using their EFTPOS cards.
That’s the promise of a new device developed by Melbourne inventor – Daniel Elbaum and his business partners in Point of Pay Pty Ltd (POP).
And the technology may be here sooner than you think.
The Bendigo Bank and Computronics announced this week that POP

Click on the title to read more $5million deal offers Australians shopping online with EFTPOS.

Indonesian ecommerce shows promise as Internet takes hold

Balinese women carrying fruit

Indonesia could be just about to start on what might well be a truly remarkable ecommerce adventure.
Fast Internet access has now become quite readily available in the biggest cities like Jakarta and Medan.
Prices are reasonable, and some consumer services here, e.g 4G access via WIMAX, aren’t yet even available in Australia.
Moreover

Click on the title to read more Indonesian ecommerce shows promise as Internet takes hold

NAB offers 2% discount on Transact payment gateway merchant service fees at Internet World

Business people attending this weeks Internet  show in Melbourne were being offered a 2% discount on their merchant service fees if they signed up for an NAB online payment gateway for the next three years.

But few seemed to be greatly interested, perhaps because the discount failed to make any significant difference to the overall cost of

Click on the title to read more NAB offers 2% discount on Transact payment gateway merchant service fees at Internet World

Visa , Mastercard foiled in bid to escape Reserve Bank regulation

Giant US card companies, Visa and Mastercard, have been foiled in a bid to escape regulatory control of their Australian interchange fees. They  had hoped to escape the irksome regulation, which caps the fees that their banking agents can charge each other for switching and processing card transactions. Instead, the fees will continue, and may even

Click on the title to read more Visa , Mastercard foiled in bid to escape Reserve Bank regulation