Visa today launched payclick by Visa (www.payclick.com.au), a new way to pay online, that is ideal for downloadable content such as music, games and movies. payclick was developed by Visa and Australian consumers are the first to experience this innovative transaction service.
A payclick account – which can be funded from any Visa, MasterCard or bank account – enables consumers to pay online without sharing personal details or financial information with sellers.
Part of Visa’s global innovation strategy, payclick has been developed to respond to the needs of consumers and sellers of …

In an after-hours ASX announcement, Telstra today signed a non-binding Financial Heads of Agreement with NBN Co to participate in the rollout of the National Broadband Network (NBN).
The transaction, if completed, would deliver to Telstra a post-tax net present value of approximately $11 billion. This includes payment for the decommissioning of Telstra’s copper network and cable broadband service, use of Telstra’s infrastructure, and the value to Telstra of avoiding costs, including certain Universal Service Obligation (USO) costs. Payments would be made progressively to Telstra.
The transaction would see Telstra progressively migrate its …

PayPal, the leading online payment service in Australia and a pioneer of secure online transactions, today announces the appointment of Elena Wise as its new Head of Merchant Services.
Since 2005, PayPal’s merchant services division has grown ten-fold, with more than half of the top 100 Australian online retailers currently offering PayPal as a payment option.  Australian merchants currently offering PayPal include JB Hi-Fi, Big W, Roses Only, Dick Smith Electronics, Hoyts, Borders, Flight Centre, DealsDirect, Optus and Telstra.
Commenting on her new role, Elena said: “I am delighted to be joining …

SMH has reported shopping centre giant, Westfield, is in the final stages of negotiation to develop an online shopping mall for participating retailers.
It is understood the online mall will be led by fashion, which the company sees as its strongest attraction, and split into categories including electronics and books.

Google has announced the completion of the caffeine update on their blog.  According to the blog article, the new index will provide 50 percent fresher results for web searches than their last index.
Content on the web is blossoming. It’s growing not just in size and numbers but with the advent of video, images, news and real-time updates, the average webpage is richer and more complex. In addition, people’s expectations for search are higher than they used to be. Searchers want to find the latest relevant content and publishers expect to …

National Cyber Security Awareness Week launches today. PayPal, Australia’s leading online payments provider is joining forces with the Federal Government and the AFP to better educate consumers and small businesses on how to protect their personal and financial information.
Cyber crime is fast maturing and is a significant issue in Australia. In 2009 more than 20,000 Australians reported becoming victims of online fraud at a cost of nearly $70 million.  Scammers are now using sophisticated behavioural methods, in addition to more common practices like malware and spyware, to steal consumer identities …

National Cyber Security Awareness Week is an annual initiative of the Australian Government designed to raise awareness among Australians of cyber security risks and simple steps they can take to protect their personal and financial information online.
National Cyber Security Awareness Week 2010 is from 6 to 11 June. It will promote six easy tips for better online security:

Install security software and update it regularly.
Turn on automatic updates so that all your software receives the latest fixes.
Get a stronger password and change it at least twice a year.
Stop and think before you click on links or attachments.
Stop and think before …