It was the most anticipated brunch of my life,but the request for a tip left a bad taste in my mouth.
Cheques are an inefficient form of payment and should be phased out. Cash,however,is still used and valued by many.
Take a look at your bank statement,and it’s likely you’ve been hit by multiple add-ons you didn’t expect and weren’t warned about. So what’s the deal?
One expert says unsuspecting diners are being “totally whacked” with added surcharges on restaurant bills,while some eateries claim they are necessary to cover payment fees and rising costs.
The Australian Finance Industry Association has released interim guidelines to protect customers ahead of the federal government’s intended regulation of the popular short-term loans.
Australians lost a record $677.5 million to payment fraud in the 2023 financial year,prompting yet more warnings against phishing scams.
Australian banks are seeking permission from the competition watchdog to work together to ensure customers around the country can continue to easily access cash.
Next week,Treasurer Jim Chalmers will unveil the biggest overhaul to the Reserve Bank since its creation,with everything from rates to digital dollars set to change.
Australian banks will block customers from transferring money if there is a name listed by the sender that does not match the details of the recipient.
Consumer advocates say Afterpay’s new subscription product could lure Australians into more debt,but the company says it offers a safer alternative to credit cards.
As tech giants muscle their way into finance,regulators are wary of the risks to competition from these new players.