Concerns of a fintech monopoly grow amid the proposed Eftpos merger

By Yajush Gupta · 18 June 2021 · Technology

Concerns of a fintech monopoly grow amid the proposed Eftpos merger

Fintech Monopoly Looms: What's at Stake for Small Businesses?

A proposed Eftpos merger has sparked concerns among small business groups, threatening to limit payment options and increase fees. Will this deal reshape the fintech landscape and leave entrepreneurs vulnerable?

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Summary

The small business groups raised fears that a proposed Eftpos merger will result in fewer payment options and higher merchant fees.