Australians use debit and credit cards to pay for almost three out of four payments. Here’s what will soon change for shoppers and businesses.
Articles on Credit cards
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A looming ban on card surcharges is forcing a rethink of payments – across banks, businesses, government agencies and more.
About a third of Americans report using high-interest credit cards for everyday expenses as costs continue to rise.
It’s much harder for Australians to cancel a subscription paid for with a credit or debit card than for shoppers in the UK, India and the European Union.
Around half of Australians still use cash in a typical week, and we keep about $65 in our wallets.
From October, there’ll be no nasty surprise charges when you pay by card. But some shoppers may have to pay more than they do today – here’s why.
It’s an enticing idea – but done the wrong way, it could hit some of the very cardholders it’s meant to help.
Christmas lunch is over, all the presents are unwrapped. Now comes the hard part: paying for it all. Here are some steps to follow.
Ending production of the 1-cent coin will save the government money and could streamline big retailers’ operations. But it could also pinch small businesses and cash-reliant consumers.
AI-powered shopping is now live in the US and aiming to roll out overseas. So how does it work? And what are companies like Google planning to launch next?
Can we move from algorithmic discrimination to inclusive finance?
Card surcharges cost Australians more than $1 billion a year. Switching to real-time payments – which are already here – would cut costs for shoppers and business.
Imposing fees and surcharges on credit and debit cards no longer works in a predominantly cashless society.
Payment technologies are advancing at such a rate it may not be long before credit cards are redundant.
On average, customers using BNPL services ended up spending more than 6% more than those who didn’t. The effect was particularly strong among younger shoppers and those with lower incomes.
In a move that could reshape how Australians pay for everyday purchases, the federal government is preparing to ban businesses from slapping surcharges on debit card transactions. This plan, pending a…
The Albanese government has announced a first step in what it says is a crackdown on excessive card surcharges and threatened a ban on surcharges for debit cards from early 2026.
The UK Treasury called them “rip-off fees” and banned them in 2018. So how did Australians end up paying for much for card surcharges?
Consumers lose more than $5 billion a year to fraud involving gift cards, while the industry exploits regulatory loopholes and delays solutions.
Most Australians have had a negative experience when trying to cancel a subscription. It’s bad business, and we need law reform to capture these shady tactics.
Top contributors
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PhD Researcher, UTS Business School, University of Technology Sydney
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Associate Professor of Business, Boston University
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Adjunct Professor, Swinburne University of Technology
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Professor of Finance, RMIT University
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Senior Lecturer, UTS Business School, University of Technology Sydney
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Investigative Journalist, The Conversation
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Professor of Law, Monash University
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Head of School at the School of Accounting, Curtin University
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Professorial Fellow, University of Canberra
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Teaching Professor at WVU
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Associate Dean (Learning & Teaching) Faculty of Creative Industries, Education and Social Justice, Queensland University of Technology
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Angelique Nadia Sweetman McInnes is a Friend of The Conversation.
Academic in Financial Planning, CQUniversity Australia
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Principal Lecturer, Law, University of Portsmouth
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Professor of Business Analytics, Questrom School of Business, Boston University
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Acting Director, Institutional Advancement, University of Ghana, University of Ghana