Diners Club

• John Kavanagh

Diners Club International has notified customers in Australia that it will stop offering personal cards here at the end of January next year and that all personal accounts will close on 30 July next y.. read more

• George Lekakis

The rising costs of using credit cards and buy now pay later services appear to be contributing to a resurgence in charge card usage across the country. read more

• George Lekakis

Australia’s long-suffering charge card market has staged a big recovery in volumes this year following a surge in usage by longstanding consumer and corporate cardholders. read more

• George Lekakis

The Diners Club charge card franchise will be acquired by National Australia Bank as part of its acquisition of Citigroup’s local domestic banking business after the parties agreed to a string of “add.. read more

• Ian Rogers

It's a rum business being an airline banker, and even crummier for two banks - NAB and Westpac - well and truly entwined with the collapse into administration last night of Virgin Australia. read more

• George Lekakis

Worldpay, the global online payments processor, is eyeing a large slice of the Australasian merchant acquiring market after announcing an expansion of its operations in Australia and New Zealand. read more

• George Lekakis

In a double whammy for the big banks that dominate the payments cards space, all card interchange fees will be abolished by the end of next year, while merchant fees may also be capped. read more

• George Lekakis

Australian banks and other credit card issuers are facing a perfect storm that threatens to slash revenue, margins and public confidence in their cards businesses. read more

• George Lekakis

If the fraud rate continues to blow out, merchants will be copping chargebacks exceeding A$1 billion before the end of the decade. read more

• Bernard Hickey

The New Zealand Government is investigating whether consumers and retailers are being overcharged for use of credit and debit cards, and whether it should start capping interchange fees. read more

• John Kavanagh

The Reserve Bank has reaffirmed its support for merchant surcharging as a way of signalling to consumers that some payment methods are more expensive than others and as a mechanism for putting downwar.. read more

• John Kavanagh

The Australian Competition and Consumer Commission has warned merchants not to try and avoid coverage under the new card payment surcharge standard by introducing "service fees" or "handling fees" in.. read more

• John Kavanagh

Stargroup has made another acquisition in its bid to become a substantial player on the ATM market. The company announced on Friday that it had acquired CashmyATM, which operates a network of 97 ATMs. read more

MasterCard and Visa probably won't be entertaining lengthy thoughts of an appeal over the Federal Court's decision on Friday to dismiss the application by the card schemes to overturn the Reserve Bank.. read more