Guest writer, David Oierholm, The Initiatives Group, sheds light on the changes and trends of consumer payments in Australia. The ways in which consumer payments in Australia are made is often likened to a train system comprised of the “rails” that carry the carriages (the payment systems), and the “carriages” that carry the passengers (the individual payments). The media will have us believe that the payments landscape in Australia is constantly and rapidly changing. To an extent this is correct – but this is all about new “carriages” rather than “rails”. […]
Read More… from Insight: The changing face of consumer payments in Australia