The use of contactless cards for payments is picking up in the Australian market with the technology starting to gain traction and greater acceptance by banks, merchants and consumers, according to a newly released study.
The Reserve Bank of Australia has called for Expressions of Interest (EoIs) for a new software-based core banking system.
EFTPOS Payments provider Tyro Payments wants the fees banks and other financial institutions charge each other for processing credit and debit cards to be abolished.
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Would happily pay for 250mbit but sadly speed limited on the 850mtrs of copper to 50mbit max.