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This week we spoke about a pretty big development in the personal finance space: the RBA's wish to ban card surcharges. For the latter we spoke to Professor Steve Worthington from Swinburne University - how the surcharges came about, why they are so prevalent, where he sees the payments sector going on and more.
00:26 - Savings tip, use cash
01:15 - Steve's reaction to ban announcement
02:13 - The rise of surcharges
04:01 - Do prices go up
05:25 - What goes into a surcharge
08:06 - Surcharge cash?
10:09 - Biometrics to pay
This week we spoke about a pretty big development in the personal finance space: the RBA's wish to ban card surcharges. For the latter we spoke to Professor Steve Worthington from Swinburne University - how the surcharges came about, why they are so prevalent, where he sees the payments sector going on and more.
00:26 - Savings tip, use cash
01:15 - Steve's reaction to ban announcement
02:13 - The rise of surcharges
04:01 - Do prices go up
05:25 - What goes into a surcharge
08:06 - Surcharge cash?
10:09 - Biometrics to pay