Payments solutions provider Indue today announced it has become a Tier 1 Participant Member of the Bulk Electronic Clearing System (BECS), the low-cost work horse of the Australian payments system, which processes more than $14 trillion Direct Entry transactions annually. Indue Chief Executive Officer Derek Weatherley said he was pleased that Indue had transitioned seamlessly […]
Category: Mobile Payments
The Mutual Bank appoints Indue as their principal payment partner
Today we are delighted to confirm that The Mutual Bank has chosen Indue as their principal payments partner. The Mutual Bank, a $1 billion mutual bank based in the Hunter region of NSW, has been serving the people of the Hunter since 1888. It offers a full range of financial products and services, including home […]
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Credit cards still stagnant as the humble debit card’s popularity improves
Credit card use is still below its pre-pandemic levels, while debit cards are seeing somewhat of a resurgence in 2021. The latest Reserve Bank (RBA) credit and debit card data for March 2021 reflects how these cards have been used in the 12 months since the pandemic truly impacted Australians’ way of life. According to […]
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Study pinpoints two key areas that banks can improve on
Australian banks are not delivering appropriate omnichannel customer service and struggle to keep up with changing approaches to customer loyalty, according to new research. The study, conducted by software company Pegasystems and research group Omnipoll, found that poor omnichannel customer service results in more than half (54 per cent) of all customer interactions having at […]
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Top Five Banking Predictions for 2022
Top Five Banking Predictions for 2022 Keen to keep pace with the impact of recent global events and an accelerated digital shift, how are financial institutions, consumers and SMEs adapting their behaviours in coming months? RFI Global’s infographic explores our top predictions for 2022. […]
A proliferation of payment options has reduced our reliance on cash.
A big driver here towards cards in favour of cash, of course, is the acceleration of online shopping post-pandemic, which in turn has had major ramifications on banking infrastructure. Ultimately, this helps to make the digital wallet ecosystem more attractive to merchants and the shift to cashless more likely to be permanent. […]
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Biometrics to secure over $3 trillion in mobile payments by 2025
A new study has found that biometrics will authenticate over $3 trillion of payment transactions in 2025, from just $404 billion in 2020. […]
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Stay COVID-safe with contactless giving | Indue Digital Gift Card
Contactless payment methods have never been more important. The ‘tap-and-pay’ approach to purchasing everyday essentials has well and truly become the norm, with the global pandemic forcing us to rethink our daily movements, including how we choose to pay. […]
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Digital gift card convenience | A new way to give
Contactless convenience is the ultimate win for consumers when it comes to Indue’s new digital gift card offering. […]
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New digital gift card a win for retailers
Indue, in partnership with Visa, is transforming the gift card experience for Australian retailers and consumers with its new, digital gift card offer. […]