Westpac Banking Corp has moved to counter Square’s momentum in the small business payment device market, updating its fleet and turning to open-source software that will allow it to create credit products at the point of sale.
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
