The slow disappearance of cash has advantages, but it can also exclude the most vulnerable from socio-economic activity. It’s also a privatisation that deteriorates the symbolic dimensions of money.
Visa and Mastercard both recently agreed to remove their no-surcharge rule, leaving businesses free to pass these fees along to customers.
(Shutterstock)
Businesses can now pass credit card surcharge fees along to their customers. To help businesses predict how consumers will react to credit card surcharges, behavioural economics offers some answers.
The BNPL market is booming but users need better protections through balanced financial regulation.
Shutterstock
Masud Ibrahim, AAM University of Skills Training and Entrepreneurial Development and Robert E. Hinson, University of Ghana
The introduction of these technologies in Ghana has created an enabling platform for consumers to use their mobile phones to pay for goods and services
Cash is unlikely to give you the coronavirus.
Rolf Bruderer/Getty Images
Research has yet to support the theory that cash can spread the coronavirus.
Because ‘buy now, pay later’ companies are not regulated under the National Credit Act, Afterpay is not legally required to observe responsible lending obligations.
www.shutterstock.com
People are stressed out about money, with most of us struggling to make ends meet due to abusing credits cards and amassing consumer debt. Some tips on how to change your spending behaviour.
Zip Co’s ‘buy now pay later’ service is growing in popularity. But because its business model avoids the responsible lending requirements, consumer advocates are worried.
Wikimedia
Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here’s why you should resist the strong temptation to do so.
Most Australian children have such a glut of toys that parents are opting to give them gift cards so they can choose for themselves.
rawpixel/Unsplash
Many children receive gift cards or even ask for them so they can choose their own presents. But are youngsters ready to handle the wiles of advertisers and the complexities of ‘credit’ on a card?
Many people on low incomes are paying dearly for access to credit.
shutterstock.com
Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here’s why you should resist the strong temptation to do so.
Researchers at the Reserve Bank of Australia (RBA) have released their latest review of how Australians pay for goods and services. The survey, taken every three years, shows that Australians now use debit…
Should convenience come at a cost?
nevodka / Shutterstock.com