Australians Losing Nearly $1 Billion Annually to Card Surcharges πŸ’³

Discover how the Reserve Bank's proposed scheme for least-cost routing could save Aussies millions each year by cutting down on costly card surcharges.

Australians Losing Nearly $1 Billion Annually to Card Surcharges πŸ’³
ABC NEWS (Australia)
8.1K views β€’ Mar 3, 2024
Australians Losing Nearly $1 Billion Annually to Card Surcharges πŸ’³

About this video

Australians are losing almost $1 dollars a year to card surcharges, but the Reserve Bank could mandate a scheme to cut the costs. Least-cost routing means terminals in businesses automatically default to the lowest-price network.

Video Information

Views

8.1K

Duration

4:00

Published

Mar 3, 2024

User Reviews

3.8
(1)
Rate:

Related Trending Topics

LIVE TRENDS

Related trending topics. Click any trend to explore more videos.