ARA Retail News
Posts about
Payments
AFIA's Buy Now Pay Later Code of Practice came into effect 1 March
March 9, 2021
The Australia Finance Industry Association (AFIA)’s Code of Practice for the Buy Now Pay Later sector comes into effect on 1 March 2021.
The rise of Buy Now, Pay Later services in Australia opens up the impulse opportunity
March 11, 2020
Card or cash? Not anymore. ‘Buy now, pay later’ options have been rapidly embraced by Australians since 2015—completely disrupting the online retail and finance sectors. And with near universal...
How does least-cost routing works for different payments service providers?
March 2, 2020
Least-cost routing functionality helps save on fees because it allows merchants to choose to route a debit card transaction to the lowest cost network for that transaction, which in many cases the...
The Reserve Bank reveals the new design of the $100 banknote
February 27, 2020
The Reserve Bank reveals the design of the new $100 banknote, which is the final denomination to be redesigned as part of the Next Generation Banknote Program.
Aussie merchants get ahead by understanding the cost of taking payments
February 3, 2020
With as many as 2.1 million Aussie merchants wasting hard-earned revenue by not investigating the best payment service providers, the time is right for a change.
Buy Now, Pay Later - New? Old? Better?
October 22, 2019
This article is based upon a report originally published by The Initiatives Group in October 2019 which can be read here.
Small business attitudes to single touch payroll (STP) and barriers to change
July 10, 2019
New research finds one in five small businesses wrongly believe STP doesn’t apply to them
What you need to know about Single Touch Payroll (STP)
May 28, 2019
Everything you need to know about Single Touch Payroll (STP).
Increase your customer satisfaction and loyalty with scan-as-you go technology
April 16, 2019
It seems obvious that retailers should be trying to reward customers who spend the most in their stores. So, why do so many supermarkets fail in this department, often punishing those customers...
Loyalty at the core of retail
January 25, 2019
How retailers can grow their customer base and increase consumer loyalty
New technology making online shopping more secure and convenient
December 8, 2018
Shopping online will soon be easier and more secure, following the introduction of technology called credential on file (COF) tokenisation.
Gift cards to even the playing field for small businesses
December 3, 2018
Square announced it has added gift cards to its Australian offering in a bid to help small businesses across the country compete with larger retailers for revenue and new customers this holiday...
A holistic risk assessment for online retailers
November 30, 2018
The digital landscape is changing, so it makes sense that online fraud is as well. Staggeringly, card-not-present (CNP) fraud has grown at a double-digit annual percentage for the last five years,...
How cash costs your business
November 26, 2018
A national study commissioned by payments company Square, has revealed that Australian small- and medium-sized businesses (SMBs) are spending an average of 216 hours (around 29 working days) each...
Australian bank integrates Alipay
October 30, 2018
Reinforcing the strategy to accept all payment types in response to merchant needs. Tyro, Australia’s business-only bank, today announced it had entered an agreement with the world’s largest...
Retail therapy replaced by retail anxiety- credit card fraud
October 22, 2018
Online shopping anxiety – not therapy – may be more common than we think, with new data revealing that just 7% of Aussies are completely comfortable with the online experience. The biggest fear...
Business-banking initiatives providing flexible settlements for retailers
October 17, 2018
Australia’s business-only bank Tyro announced two major advancements in the EFTPOS and Bank Account contributions: Flexible Same-Day Settlement payroll integration through Xero accounting...
eftpos adopts Australian Made logo
October 12, 2018
eftpos has become the first card payments platform to adopt the Australian Made logo, demonstrating the company’s ongoing commitment to Australian consumers, merchants and the local industry. The...
Surviving and thriving with e-commerce
October 6, 2018
In the future, bricks-and-mortar retailers will adapt innovations developed for online commerce to transform the real world shopping experience and how they do business.