The competition watchdog, the Australian Competition and Consumer Commission (ACCC), has concluded its investigation into Adventium - the owner of online booking platform Website Travel - after Adventium paid approximately $6.5 million of withheld payments to over 350 Australian tour operators.
There has been a marked reduction in the level of fraud experienced by its merchant customers, according to the Commonwealth Bank, but despite the drop the bank has warned that small businesses must remain extra vigilant over the festive season.
Global payments firm VISA has launched Click to Pay in Australia, what it describes as "a simpler and more secure online checkout experience".
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