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XU Biweekly - Issue 103 - 19th April 2025

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Pg 4 Saturday 19th April 2025 | No. 103

XU Biweekly

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Xero now offers Tap to Pay on iPhone for Australian small businesses with a Stripe account to accept contactless payments An easy, secure and private way to accept contactless payments with an iPhone and the Xero Accounting iOS app

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ERO, THE GLOBAL SMALL BUSINESS PLATFORM, HAS LAUNCHED TAP TO PAY ON IPHONE, ENABLING XERO CUSTOMERS IN AUSTRALIA WITH A STRIPE ACCOUNT TO SEAMLESSLY AND SECURELY ACCEPT IN-PERSON CONTACTLESS PAYMENTS WITH THEIR IPHONE AND THE XERO ACCOUNTING APP — NO ADDITIONAL HARDWARE OR PAYMENT TERMINAL NEEDED. Tap to Pay on iPhone enables businesses to accept

all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets. Using Tap to Pay on iPhone is easy, secure and private. With Tap to Pay on iPhone, at checkout, the merchant can simply prompt the customer to hold their iPhone or Apple Watch with their contactless credit or debit card, Apple Pay or other digital wallet to pay with their contactless credit or debit card near the merchant’s iPhone.

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Fiserv Acquires Pinch Payments, Enhancing Payment Service Offerings for Business Partners Across the Asia-Pacific Region

ANNA Money flies past 550% compound annual growth, as F Aussie SMEs embrace digitised financial services

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NE YEAR AFTER ACQUIRING BUSINESS CREDIT CARD FINTECH CAPE, AI-POWERED SME FINTECH ANNA MONEY HAS REVEALED 550 PERCENT COMPOUND ANNUAL GROWTH AND OTHER METRICS THAT INDICATE A STRONG SHIFT BY AUSTRALIAN SMES TOWARDS DIGITISED FINANCIAL SERVICES.

ANNA Money, which has since absorbed Cape’s brand and products, revealed that volumes of SME financial transactions are now at record highs. Total payment volume (TPV) in March 2025 ballooned 287 percent yearon-year (YoY) from March 2024, while TPV in Q1 2025 (January to March) also increased by 173 percent YoY compared to Q1 2024.

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ISERV, INC. (NYSE: FI), A LEADING GLOBAL PROVIDER OF PAYMENTS AND FINANCIAL SERVICES TECHNOLOGY, TODAY ANNOUNCED IT ACQUIRED PINCH PAYMENTS, A PAYMENT FACILITATOR (PAYFAC), KNOWN FOR LEADING PAYFAC ENABLEMENT AND ITS MANAGEMENT PLATFORM “GLASSBOX”. Founded in 2017 and serving approximately 2,000 merchants throughout Australia and New Zealand, Pinch offers comprehensive tools to facilitate payments more efficiently at scale.

Grow revenue, not admin with Ignition. Saturday 19th April 2025

This acquisition provides Fiserv with a payment orchestration platform that supports flexible service options and speed to market for PayFacs, ISVs, BPSPs, ISOs and Enterprises. Bringing Pinch into the Fiserv ecosystem enhances the Company’s reach with access to more merchants and delivery of new, innovative solutions including the leading cloud-based SaaS business operating platform with Clover to merchants throughout APAC.

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XU Biweekly - Issue 103 - 19th April 2025 by XU Magazine - Issuu