Australian business thrown into chaos by telecoms outage

SYDNEY (Reuters) – Australian banks and retailers were thrown into chaos on Thursday by a telecoms outage that knocked out electronic payment systems and cash machines. The country’s four major banks said some of their transaction-handling machines in stores were not working. Westpac Banking Corporation said on Twitter that some automatic teller machines in Sydney were down, while National Australia Bank Ltd and Commonwealth Bank of Australia also reported payment processing issues. Australia and New Zealand Banking Group also said some of its point-of-sale payment machines weren’t working. The banks said that internet banking systems remained operational and that the outages were uneven.

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