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#Debit Cards

Locked

Consumers to face rising EFTPOS charges

Consumer confidence will likely take another hit unless the big banks reject a looming deadline to raise EFTPOS fees, with proposed new “interchange fees” to come into effect from 1 October.

Lorna Brett · 2 min
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Cashflow

Credit card popularity slumps – usage down 10%

Australians prefer using other methods of payment over credit cards, with RBA statistics showing only 41.88% of card transactions involve credit cards, compared to 50.34% five years ago.

David Olsen · 2 min