News
Peak industry associations join forces to promote least-cost routing
Five of Australia’s leading retail industry associations have called on banks to be more proactive in educating their business customers on least-cost routing and making it easier to access the huge savings to be [...]
Aussie Small Business urged to research their options to avoid waste in merchant fees
Many of Australia’s 2.1 million small businesses are wasting hard earned revenue by not investigating the best payment service provider, nor making the most of least-cost routing, according to a specialist payment consulting firm. Payments [...]
What a Barista Can Teach You About Payments
Author: Mangala Martinus, Managing Director, Payments Consulting Network, Sydney What can a barista teach you about payments? Quite a lot it turns out. Being a payments geek, I have often found myself asking local baristas [...]
Industry Framework to Prevent Card-not-Present Fraud
The release of Australian Payments Network’s (AusPayNet) card fraud data for 2017 shows card-not-present (CNP) fraud accounted for 85% of all fraud on Australian cards. CNP fraud occurs when valid card details are stolen [...]
Interchange Reform: Are We Falling Down a Rabbit Hole?
Author: Michael Swannell, Associate, Payments Consulting Network, Brisbane The Productivity Commission (PC) has released their final conclusions and there are a range of findings affecting the payments system. One of these which sparked interest was [...]
Payments Consulting Network Selected as One of Westpac’s 2018 Businesses of Tomorrow
Payments Consulting Network (PCN) – which runs Merchant Pricing Hub – has been selected as one of Westpac’s 2018 Businesses of Tomorrow. Two hundred Australian businesses were recognised as part of the program for [...]
