Business to be ‘named and shamed’ on late payments to small firms

Big businesses and governments delaying payments to small business suppliers will be “named and shamed” after the Morrison government asked the small business ombudsman to review the impact of late payments on the cash flow of small firms. The government-directed review, which could lead to new laws or more industry-led […]

Budget 2017: Payments Industry Hails Proposal to Cap Cash Transactions and More

The payments industry has hailed Budget proposals to cap cash transactions at Rs. 3 lakh and reduce the levies on digital payment equipment, saying the moves will fasten the less-cash drive. “We welcome various measures to promote digital economy announced in the new Budget,” ItzCash head and Chairman of the […]

Samsung Pay Mini Web Payments Service to Be Launched in South Korea This Quarter

Samsung Pay Mini Web Payments Service to Be Launched in South Korea This Quarter Tech giant Samsung Electronics Co Ltd said on Thursday it will launch a mobile web payments service for all smartphones powered by Google Inc’s Android mobile operating system in South Korea in the first quarter. The […]