Transaction Network Services (NYSE:TNS), a global provider of payment solutions, has integrated PayPal as a payment option within its TNSPay gateway, providing its merchants easy access to PayPal’s 84 million global accounts.
This initiative, which is being rolled out across the Asia Pacific region, allows Australia to be the first country to make the solution readily available to merchants via TNS’ payment gateway. Prior to this integration, businesses on the TNSPay gateway would have to request a custom systems integration to use PayPal.
Over the past five years, transactions through PayPal have …

The annual Online Retailer Expo & Conference is underway this week with over 3,000 delegates registered to discuss the future of e-commerce in Australia and how to bring world class best practice to Australian retailers.
The e-commerce industry in Australia has seen rapid growth over the last year and is forecast to reach $AU33.8 billion by 2012 up from $AU24 billion last year.
In the last six months alone, large Australian retailers such as BigW have extended their presence online, providing a significant boost to the industry. As Australian businesses become increasingly …

VeriSign® Online Fraud Barometer Reveals $1.286 Billion Lost to Online Identity Theft in the Past Twelve Months
Exposing the financial harm that online identity (ID) fraud can cause average Australians, the VeriSign Online Fraud Barometer released today shows that one in 10 Australians that use the Internet (13,710,000 people) have lost an average of $1,000 to criminals and fraudster in the past twelve months.
The VeriSign Online Fraud Barometer, compiled by Galaxy Research, shows that the financial loss over the past twelve months totals a massive …

Amazon is appearing tight-lipped about it’s latest acquisition, Woot.com.  The announcement was made on Woot’s blog a short time ago.  In typical Woot style, the letter from CEO, Matt Rutledge, says a lot, without really saying anything at all…

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 …