A senior official from Mastercard Australasia says it is misleading to compare costs of schemes that process card present, card not present and international debit transactions with a domestic-only debit scheme, namely eftpos, that, at this stage, processes very few card not present transactions.
The number of malicious domains which are similar to that of retail giant Amazon has risen by 28% in the run-up to the firm's Prime Day on 13 October, the Israeli security firm Check Point has warned.
Global payments technology firm Visa claims it has used its artificial intelligence to prevent more than $560 million in fraud affecting Australian businesses during the 2019-20 financial year.
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