About
Brad Kelly is the Managing Director of Sydney based consultancy, Payment Services…
Articles by Brad
Contributions
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What are the most common disputes between consumers and Financial Services companies over mobile payments?
Disputes? We need to be concentrating on liability. With a mobile wallet (such as ApplePay) there is a liability shift to the issuer which changes the disputes process. The Reserve Bank of Australia reported that around 30% of all Aussie card present transactions are now made with a mobile wallet (mainly ApplePay) which Apple charges the issuing Bank a fee. The exact fee is unknown but rumoured to be a couple of cents in every hundred dollars. These combined factors mean that with increased usage of Mobile wallets comes a decrease in disputes albeit at a cost to issuers. The Australian Government has signalled that it will move to regulate mobile wallets shortly.
Activity
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Thank you to our enterprising men and women who have continued to delight customers, drive economic growth, and create vitality in our towns and…
Thank you to our enterprising men and women who have continued to delight customers, drive economic growth, and create vitality in our towns and…
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ANZ has its Kerry Packer moment with Worldline and looks to buy back its merchant business for a fraction of the sale price. In 1987 Kerry Packer…
ANZ has its Kerry Packer moment with Worldline and looks to buy back its merchant business for a fraction of the sale price. In 1987 Kerry Packer…
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Commerce Commission NZ dropped its draft regulation paper yesterday with some news for Visa and Mastercard. 🇳🇿New Zealand draft regulation 👇…
Commerce Commission NZ dropped its draft regulation paper yesterday with some news for Visa and Mastercard. 🇳🇿New Zealand draft regulation 👇…
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Experience
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Thank you Treassa Joseph GAICD and Curate Experiences for giving us the opportunity to participate in such a fantastic event. To the team members…
Thank you Treassa Joseph GAICD and Curate Experiences for giving us the opportunity to participate in such a fantastic event. To the team members…
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This morning the Commerce Commission released consultation on draft interchange fee regulation for New Zealand. The draft regulation would introduce…
This morning the Commerce Commission released consultation on draft interchange fee regulation for New Zealand. The draft regulation would introduce…
Liked by Brad Kelly
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Brad Jones, Assistant Govenor (Financial System) gave a speech titled "The Future of Australia's Payment System " at the AusPayNet Summit in Sydney…
Brad Jones, Assistant Govenor (Financial System) gave a speech titled "The Future of Australia's Payment System " at the AusPayNet Summit in Sydney…
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Visa and Mastercard, if you have a few minutes its interesting and worth watching this clip, they were pressed on profit margins and criticized for…
Visa and Mastercard, if you have a few minutes its interesting and worth watching this clip, they were pressed on profit margins and criticized for…
Liked by Brad Kelly
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Busy week for ANZ with a new CEO and challenging AGM looming. Now we can reveal the bank is looking at buying back its #merchantacquiring JV from…
Busy week for ANZ with a new CEO and challenging AGM looming. Now we can reveal the bank is looking at buying back its #merchantacquiring JV from…
Liked by Brad Kelly
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Ever wondered how contactless payments work? Chris Kohler explains it all in 50 seconds. (Merchant fees total more than $6 Billion n a year in…
Ever wondered how contactless payments work? Chris Kohler explains it all in 50 seconds. (Merchant fees total more than $6 Billion n a year in…
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Westpac removes support for blended pricing plans. Great news for small business from Westpac. The Australian Financial Review reports "One of…
Westpac removes support for blended pricing plans. Great news for small business from Westpac. The Australian Financial Review reports "One of…
Shared by Brad Kelly
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