Eftpos is expanding beyond routing debit payments, trialling a new micropayments service using a digital representation of the Australia dollar, which could offer media and entertainment companies a way to find new customers.
Eftpos CEO Stephen Benton: Micropayments could be used to buy online content such as pay per page or streaming services on a pay-per-second basis.
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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
