Supermarket giant Woolworths is set to become a major competitor in Australia’s $700 billion payments industry after setting up its internal payments system as a new standalone company called WPay, which will offer its services to other merchants.
Woolworths CEO Brad Banducci and WPay general manager Paul Monnington : The supermarket operator is expanding into payments. “We believe there is value in extending the benefits of the investments we’ve made in our payments platform to other merchants who may not have the scale to build it themselves,” Mr Banducci said. “Payments are an increasingly important part of the shopping experience, both in store and online, and we bring unique expertise to this space as retailers.
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Business says longer lockdown could see it close downAs Victorians face a likely extension to the state’s current lockdown, one business owner says he doesn’t think his business will survive if the restrictions continue for weeks. the business model for online child grooming for pics, however, gets a big fat boost from DETVic and CCYPVictoria, especially when kids are online all day, and no one in these govt bodies warns any parents their kids can be directly contacted for fun and good times - thanks! Of course businesses won't survive. The new party of the workers is absolutely clueless about what to do. Even about the stuff it DID yesterday. C'mon, Rupert, don't send mixed signals to ScottyFromMarketing. You know he always gets it wrong unless you S.P.E.L.L it out. Unfortunately, there will be many more & I feel for them. If you can get up and get out of Vic good idea 💡
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