FIS

Adoption and usage of real-time payments in Australia has more than doubled in the past 12 months, according to New research by financial systems giant FIS. Amidst the COVID-19 pandemic, transaction volumes and values processed through Australia’s New Payments Platform (NPP) have increased by 214 per cent and 231 per

Nearly 2 million Australians used a “buy now, pay later” product like Afterpay or ZipPay last year, according to research from Worldpay, which predicts the local market will double in the next three years. Buy now, pay later (BNPL) has grown from three per cent of all ecommerce payments in