ATO 'to invest in credit card payment services'

New credit card, phone and online payment services will shortly be revealed by the Australian Tax Office.

The Australian Tax Office (ATO) is set to invest in new credit card, phone and online payment services.

Current Aussie credit services are provided by the Reserve Bank of Australia (RBA), but the ATO noted that the contracts for all three are set to expire, Computerworld reports.

A spokesperson for the organisation said: "The ATO wants to provide the community with various payment options, including ease of access where payments can be made in person."

The RBA has been providing the credit cards facility since last year, in which a trial was carried out for the payment services.

It revealed 314 credit card transactions were recorded in February 2009, but this increased to 5,802 by June 2010 and it stood at 85,572 for the 16-month period

Those using the products should also be aware of scams after the ATO released a warning last month stating that conmen and women are trying to steal personal details and money.

By Joe Letts