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Media release archive

December 2011

date title and abstract download
18 Dec 2011 Christmas Million for the Salvos
The Salvation Army has a million reasons to believe in the nation’s Christmas spirit with the eftpos Giveback donations reaching $1 million. In just four short weeks, Australians have been ‘pressing for good’, by selecting CHQ or SAV, for everyday purchases, encouraging eftpos to donate $1 million to The Salvos.
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November 2011

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22 Nov 2011 The Salvos Urge Aussies to 'Press for Good'
eftpos Giveback celebrates the spirit of giving this Christmas to help Australians in need with The Salvos
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October 2011

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17 Oct 2011 ePAL commences pilot of EMV debit cards
eftpos Payments Australia Ltd (ePAL), manager of Australia’s most popular debit payment system, today announced it has commenced an EMV debit card pilot with Bendigo and Adelaide Bank, as it works towards implementation of innovative and more secure EMV1 technology in 2012.
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September 2011

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30 Sep 2011 eftpos Payments Australia Limited Corrective Statement
ePAL clarifies aspects of planned changes to eftpos interchange fees.
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July 2011

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14 Jul 2011 eftpos targets cash with new advertising campaign
On Monday, 18 July 2011, eftpos will commence rolling out the second phase of its advertising campaign. The initial campaign aimed to raise awareness of Australians’ reliance on eftpos in their everyday lives and show how Australians are ‘better off with eftpos’. The campaign underscored eftpos’ commitment to remain the preferred way to pay for Australian merchants and consumers.
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12 Jul 2011 Australia Edging Closer to a Cashless Society
Research shows cash is losing its lure as the popularity of electronic payments grows
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12 Jul 2011 Consumer Poll Release - Australia edging closer to a cashless society
Research shows cash is losing its lustre as the popularity of electronic payments grows. A surprising number of Australians now only carry small amounts of money. That’s according to new research1 from eftpos Payments Australia Limited (ePAL), Australia’s leading payment system, which reveals that almost a third (31 per cent) of Australians carry less than $20 at any time.
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06 Jul 2011 One third of Australians feel anxious at the check-out
New consumer research has found that over a third of Australians feel worried or anxious when using credit cards at the checkout, as they are spending money they don’t have.
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June 2011

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29 Jun 2011 eftpos refutes claims of decline as australians love affair with debit system shows no sign of waning
eftpos Payments Australia Ltd (ePAL), the company established to manage eftpos, Australia’s most popular debit payment system, today refuted suggestions it was losing ground to alternative payment systems..
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22 Jun 2011 Industry data reaffirms eftpos as safest card payment option
Figures released today by the Australian Payments Clearing Association (APCA) have underscored the need for safe online payment systems, according to eftpos Payments Australia Ltd (ePAL), the company that manages the popular eftpos debit payments network.
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15 Jun 2011 Consumer sentiment result reflected in growth of debit over credit
eftpos Australia Payments Limited (ePAL), the manager of Australia’s most widely used debit payment system, eftpos, said figures showing heightened consumer caution about spending in Australia were reflected in the growing consumer preference for debit over credit card spending.
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03 Jun 2011 eftpos Moves to Chip for Enhanced Security and Functionality
EFTPOS Payments Australia Limited (EFTPOS) today announced that the EFTPOS system will move to EMV1 chip technology over the next three years. EFTPOS CEO, Bruce Mansfield, said cards with secure embedded smart chip technology would begin to be rolled out from 2011 and the industry aimed to complete the transition by 2014.
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01 Jun 2011 The hidden cost of cash ePAL analysis
One of the changes in recent years has been the increased attention given by merchants to how people pay. This has been driven in part by the regulatory reforms instigated by the RBA as well as a desire to control costs in a period of pressure on margins. Most merchants choose to do nothing to alter the way their customers choose to pay although a number do apply surcharges, block acceptance of certain card types and impose minimum transaction amounts. In part, this is driven by a misconception about the cost of cash.
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April 2011

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14 Apr 2011 eftpos launches first advertising campaign in 23 year history
On Sunday, 17 April, Australia‟s leading debit payment system, eftpos, will come to life as it launches its first-ever brand campaign in its 23 year history. eftpos has played a huge role in the Australian economy and the lives of Australians since its launch in 1988, when it changed the way Australians paid for goods and services by pressing "cheque or savings‟ using their debit card at the check-out.
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March 2011

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29 Mar 2011 ePAL calls for choice and competition with contactless payments
eftpos Payments Australia Limited (ePAL), the company responsible for managing the popular eftpos debit payments system, said that MasterCard’s plan to force small merchants to upgrade terminals to accept contactless payments showed why a vibrant and competitive EFTPOS was necessary
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08 Mar 2011 ePAL announces new eftpos interchange fee
eftpos Payments Australia Limited (ePAL), the company established to manage the eftpos debit payments network, today announced a new multilateral interchange fee model for eftpos transactions, part of a package of measures to strengthen the competitiveness of the popular system.
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03 Mar 2011 eftpos Payments Australia Limited appoints M&C Saatchi to bring eftpos brand to life
eftpos Payments Australia Limited (ePAL) has appointed M&C Saatchi as its brand and advertising agency, following a rigorous competitive pitch process. M&C Saatchi will begin working with ePAL immediately and has been tasked with bringing the ʻsleeping giantʼ eftpos brand to life in the Australian market.
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February 2011

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25 Feb 2011 ePAL welcomes support for level playing field for eftpos in Australia
eftpos Payments Australia Limited (ePAL), the company that manages eftpos, today welcomed a statement by the Reserve Bank of Australia (RBA) endorsing the ongoing issuance of multi-function cards.
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13 Feb 2011 eftpos Payments Australia Limited appoints Sefiani
Sefiani Communications Group has been appointed as corporate and consumer public relations agency for EFTPOS Payments Australia Limited (EPAL).
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07 Feb 2011 Strong growth for eftpos in 2010
The number of transactions and volume of payments processed using EFTPOS - the most widely used point-of-sale debit payment network in Australia – grew strongly in the six months to 31 December 2010.
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January 2011

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26 Jan 2011 eftpos Interchange Principles
As part of its strategic review of Australia’s eftpos system, eftpos Payments Australia Limited (ePAL) has commenced a consultation process with various stakeholders to ensure it delivers a competitive and cost effective debit payment system for all Australians.
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25 Jan 2011 eftpos $40 million investment in Australian payments
eftpos Payments Australia Limited (ePAL) introduced eftpos Scheme Fees from 1 January 2011. This is a strong and clear signal that its Members are committed to the future of eftpos. The scheme fees will raise approximately $40 million per annum from the membership, a substantial investment to ensure eftpos’ future for Australian consumers and merchants.
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December 2010

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03 Dec 2010 eftpos Making Good Progress with EMV Chip Plans
eftpos Payments Australia Limited (ePAL) today said the rollout of its secure EMV chip technology program across the eftpos system was on track for implementation in 2011. “Since announcing the move to chip technology in June, we have met several milestones in this major transformation to improve the security and functionality of eftpos,” ePAL Managing Director, Bruce Mansfield, said today.
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October 2010

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25 Oct 2010 eftpos - The Road Ahead
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13 Oct 2010 EMV, Online and Mobile and Infrastructure in scope
Australia’s most popular payments system, eftpos, today took a significant step towards even more efficient, more secure and faster point of sale payments, built on its decision to introduce EMV chip technology over the 2011-2014 timeframe. eftpos Payments Australia Limited (ePAL), the company which develops the eftpos system, released a Request for Information (RFI) outlining its EMV chip and payments requirements, together with the product development and infrastructure needs to support these important developments.
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July 2010

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16 Jul 2010 "Cheque" or "Savings" at the Point of Sale is Safest for Consumers
eftpos Payments Australia Limited (eftpos) has today reminded Australian consumers that pressing “cheque” or “savings” at the point of sale is the safest and most secure point of sale payment option. Fraud data released by the Australian Payments Clearing Association for the 12 months ended 31 December 2009 demonstrated that fraud on eftpos debit cards is nearly ten times lower than on other credit, debit and charge cards.
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May 2010

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06 May 2010 Consumers Benefit from Pressing Cheque or Savings at Point of Sale
“Australian consumers who use EFTPOS are using a system which is faster, safer and more convenient than other payments cards,” Bruce Mansfield, Chief Executive Officer of EFTPOS Payments Australia Limited (EPAL), said today.
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April 2010

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01 Apr 2010 Consumers Benefit from Pressing Cheque or Savings
As the Easter holidays begin, EFTPOS today reminded Australian holidaymakers that pressing cheque or savings when paying for goods is a much safer option for consumers. Fraud data released by the Australian Payments Clearing Association for the 12 months ended 31 December 20081 shows that fraud on debit cards is nearly ten times lower than on credit and charge cards.
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March 2010

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29 Mar 2010 ePAL Appoints Bruce Mansfield as CEO
One of Asia Pacific’s most experienced payments industry executives, Bruce Mansfield, has been appointed Chief Executive Officer of EFTPOS Payments Australia Limited (EPAL). Mr Mansfield has been with Visa International in various roles in Sydney and Singapore since 1991. Last year he was appointed Head of Commercial Products, Asia Pacific and CEMEA and prior to that he was Executive Vice President, Australia, New Zealand and Pacific Islands.
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January 2010

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22 Jan 2010 ePAL reinforces the importance of PIN protection
eftpos Payments Australia Limited (ePAL), manager of Australia’s PIN-based debit card system, has reinforced the importance of consumers protecting their PINs to reduce the chances of becoming victims of card fraud such as skimming. Skimming is where card details are illegally captured from magnetic stripe and then used to produce counterfeit duplicate cards.
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August 2009

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19 Aug 2009 ePAL Strengthens Board with Appointment of Non-Executive Directors
The Board of eftpos Payments Australia Limited (ePAL) announced today the appointment of three non-executive directors – Mr Mike McLeod, Ms Vicky Papachristos and Mr Bruce Rathie – effective immediately. Mr McLeod has also been appointed inaugural chairman of the recently formed company.
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