Signature for payments to be phased out
Australia’s major financial institutions and card providers have today announced a campaign to expand the use of PIN for payment authorisations on chip-enabled credit and debit cards, instead of a signature.
Australia’s major financial institutions and card providers have today announced a campaign to expand the use of PIN for payment authorisations on chip-enabled credit and debit cards, instead of a signature.
Customers are increasingly using their mobile phones to pay bills instead of reaching for their credit card. Mark Reiken’s booming start-up Text2Pay hopes to make the transaction safe, quick and easy for both customer and merchant.
How to deal with customers who drag their feet when it’s time to pay up.
Contactless smart cards are expected to boom in the Asia-Pacific region as soon as 2012 once key implementation projects are fully operational according to new research.
More than half of Australian executives are being negatively impacted by late payments even though payment behaviours improved slightly during the June quarter.
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