Data released today by the industry self-regulatory body Australian Payments Network (AusPayNet) shows a 9.2% rise in fraud on payment card transactions in the 12 months to 30 June 2021 (FY21) alongside an increase in online spending during COVID-19 lockdowns. With total spending on cards rising 5.4% to $847.3 billion during the same period, the […]
Tag: payment
Payment & Bureau Services
Payment & Bureau Services In this section In this section Leverage our payments’ expertise to power your banking needs. With more than 50 years in payments, Indue is a proven partner in delivering a comprehensive suite of payment services to credit unions, mutuals and other financial institutions. Across direct entry, BPAY, cards and cheque-payment products, […]
Extension of BINs – Global Move to Preserve Growth in Cards
Increasing BIN demand across the card payments network has created the need for the extension of BINs from the first six-digits of a Primary Account Number (PAN) to the first eight-digits of a PAN. […]
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Cashless Payment Technology is Helping Business Thrive
The days when a trip to the ATM was compulsory before strolling to your local market are numbered. […]
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