CommBank's plan for eftpos domination

Commonwealth Bank is now so far ahead of the other big four banks in the payments space that it has set its sights on taking on the likes of PayPal and Square.

Commonwealth Bank has announced a suite of new services aimed at the point of sale (POS) market and has clearly displayed how far ahead it is of the other Big Four banks in the race to control the lucrative POS market, which is now being disrupted by global players and new technology.


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