Business
Woolworths takes on the big banks with new payments business – The Sydney Morning Herald
The supermarket giant is set to become a major competitor in Australia’s $700 billion payments sector after setting up a new standalone company called WPay that…
Supermarket giant Woolworths is set to become a major competitor in Australias $700 billion payments industry after setting up its internal payments system as a new standalone company called WPay, which will offer its services to other merchants.
Woolworths began building its own in-house payments platform back in 2007, and has since grown it into Australias fifth-largest processor of card payments behind the big four banks, covering some $50 billion worth of transactions a year.
A website established…
-
Noosa News17 hours agoReubhan Ralph identified as man behind terrifying childcare centre incident in Peregian Springs on the Sunshine Coast
-
General15 hours agoPolice say new leads being pursued after baby’s body found in Alexander Heights stormwater drain
-
General23 hours agoQueensland announced as 2027 Women’s Softball World Cup host in first Australian event since 1965
-
Noosa News19 hours agoWomen’s Softball World Cup 2027 Redcliffe Brisbane