Aussie debit card system eftpos has called in US firm FIS to build a new centralised payments hub to help usher in new contactless and mobile technologies.
This move by Australia's EFTPOS is a common-sense step that should prove useful whenever there is a software upgrade in future. Less inconvenience for retailers through central upgrades; this will facilitate contactless payments and mobile payments with
virtual wallets. Another step towards a cashless future will occur in 2014 in Australia with this important and useful development.
to £65k baseLondon, UK
© Finextra Research 2013