Why Has It Taken So Long For The RBA To Act On Digital Surcharges?
Many would welcome the announcement that the RBA is going to remove surcharges on debit and credit cards in Australia. I would ask why has it taken so long for the RBA to act on digital surcharges? The number $1.8 billion in imposts from these surcharges annually has been revealed by the research. These fees are the largely hidden hands reaching in to take unwarranted funds from every transaction utilising these digital tools. Is it any wonder that banks make billions and the rest of us are doing it tough in our economy? Those with the inside running reap rewards for doing bugger all, whilst most of us struggle to make ends meet these days.Continue Reading










