Nearly one five Australians are interested in using a microchip in their hands to make payments easier, according to research from global fintech FIS, that examines attitudes to payments across generations and regions. The FIS Generation Pay report found biometric authentication is key to future payments in Australia. The report
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
Payment technology company Worldpay is the opening its first sales offices in Australia and plans to open a New Zealand office after obtaining a local licence for acquiring card payments. These regional investments will enable Worldpay to serve its Australasian clients through an enhanced market presence and in-country payment processing.