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News about ING Direct
Eftpos’ new centralised payments hub has gone live. The new system replaces the existing network of bilateral links between financial institutions and merchants.
Australian banks could be set to take revenue hit as more than 1.5 million Australians purchase an iPhone with the new Apple Pay capabilities over the next year.
ING Direct will be among the first Australian financial institutions to issue chip cards to be used through the new Eftpos payments hub.