Business Daily Media

The Times

.

Adyen, eftpos’ newest Member, now offers Australian merchants more choice at POS

  • Written by Warwick Ponder


eftpos today announced Adyen had completed its connection to the eftpos payments network and could now offer Australian merchants the ability to accept eftpos CHQ and SAV transactions at Point of Sale (POS).
eftpos Acting CEO, Mr Paul Jennings, said Adyen was leveraging the eftpos Hub’s payment processing and settlement capabilities to offer cost efficient, real time eftpos CHQ and SAV transactions to merchants and consumers at POS and, when available, it would also offer eftpos payments on digital channels.
 
“Adyen provides a global payments solution and it’s important that eftpos CHQ and SAV transactions, as the most widely used debit network in this country, are now available to Adyen’s merchant customers in Australia,” Mr Jennings said.
 
Adyen became a Member of eftpos in October 2015 with a view to launching eftpos acquiring services and competing in the Australian market.
 
Adyen Country Manager of Australia and New Zealand, Mr Michel van Aalten, said that as a leader in unified commerce, Adyen was delighted to work with eftpos to offer merchants a full range of local cards for point of sale systems in Australia.
 
“The expanded partnership will enable Australian businesses to offer more payment options. By tapping on the same processing platform, fast-growing Australian merchants can also ensure customers enjoy a consistent experience globally,” Mr van Aalten said.

About eftpos
eftpos is the most widely used debit card system in Australia, accounting for around 2 billion CHQ and SAV transactions in 2017 worth $130 billion. For more information on eftpos, please visit: www.eftposaustralia.com.au
 
About Adyen
Adyen is the payments platform of choice for the world’s leading companies. Adyen delivers frictionless payments across online, mobile, and in-store. With offices all around the world, Adyen serves more than 4,500 businesses, including 8 of the 10 largest US Internet companies. Customers include Facebook, Uber, Netflix, Spotify, L'Oreal, MJ Bale, Freelancer and Kogan.com.

Why self-service is reshaping fleet management for modern businesses

Fleet management today is constrained by fragmented systems and heavy administrative demands. A lot of the work still relies on booking vehicles and...

Fraud Prevention and security crucial as identity crime hits record highs in Australia

In a radically transformed risk landscape where the scale and speed of financial fraud have reached unprecedented levels, Australian businesses ar...

Sectorial ATO Tax Debt Disclosures Rise, Overall Business Credit Demand Flattens and High-Risk SME 'Credit Shopping' hits 8-month peak

Q1 2026 Equifax Business Market Pulse shows low-risk borrowers consolidate demand enquiries while sub-prime entities accelerate shopping activity ...

SME support in Federal Budget falls short of easing business pressures

“The Federal Budget delivered several measures aimed at supporting small businesses, including making the instant asset write-off permanent, exten...

Bunji dog treats to hit Ritchies shelves

Cooee Native Superfoods’ Bunji range of dog kibble and treats is rolling out across Ritchies Supermarkets now, with stock already on shelves in se...

Pre-Budget Expectations

“Australian corporates and SMBs are under pressure. Competition from global players is intensifying, margins are under strain, and technology adop...