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The CEO of elecronic payments company eftpos, Bruce Mansfield, has admitted that the move from signatures to mandatory PINs when making point of sale payments is causing problems for retailers, especially restaurants and cafes, where the tipping option no longer exists at eftpos terminals.

Published in Business Technology

It might get a bit messy in some restaurants, cafes and pubs around the country on the first day of August, this Friday, when signatures are officially abolished on all credit and debit card payments, to be replaced by PINs.

Published in Market

Merchant EFTPOS payments company Tyro Payments has called for an inquiry to be held into why Australia’s SMEs are being charged what it claims is up to 10 times more than big business for processing credit and debit card transactions.

Published in Market
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