Households Could Save A Billion, Or More…

Digital Finance Analytics (DFA) Blog

Jan 17 2025 | 00:14:48

00:00 / 00:14:48

Show Notes

Given the current focus on the rise in the use of cash, it is worth remembering that each year Australian households are collectively charged somewhere between 1 billion dollars and 4 billion dollars in payment surcharges, which is a fee paid by customers, in addition to the price of a good or service, allowing merchants to pass on the cost of the customer’s chosen payment method. These days its mostly debit transactions which might also be triggered by electronic payments from phones and other devices, as well as debit and credit cards. The RBA accelerated a review into merchant payment […]

Other Episodes

Episode 0

February 15, 2021 • 00:38:20

Its Edwin's Monday Evening Property Rant! [Podcast]

My latest Monday chat with property insider Edwin Almeida. https://www.ribbonproperty.com.au/ Go to the Walk The World Universe at https://walktheworld.com.au/ Tuesday live show: https://youtu.be/EK_BlyJ6cUc

Episode

June 21, 2024 • 00:14:48

Is A 5% Cash Rate For Australia On The Cards?

As I discussed on my live show, on Tuesday night with Leith van Onselen, the RBA decided to hold the cash rate at 4.35%,...

Episode

October 26, 2024 • 00:26:58

Trick or Treat? The Markets Are Confused!

This is our weekly market update, where we start in the UK, cross to Europe and Asia, and end in Australia, covering commodities and...