debit cards

Credit Cards Being Used Like Cheques

Oct 23, 2009 - Eric Smyth

The Reserve bank announced on Wednesday that credit cards could be heading the same way as cheques because shoppers are switching to debit cards.

Credit card transactions rose by 3.8 per cent in 2008-09 but use of debit cards rose by 14.7 per cent a recent report showed.

Debit Card Use Growing

Oct 19, 2009 - Eric Smyth

The latest RBA data has shown that Australians are shifting to debit cards from credit cards when making purchases and that the value of purchases and cash advances on credit and charge cards fell 1.5 per cent to $18.8 billion in August from July.

Consumers changing to debit cards

Jul 13, 2009 - Eric Smyth

A report recently released has shown that debit cards are set to become the most popular form of payment by the end of the year, as it protects consumers accumulating debt.

Cash is best while Card plays second fiddle

Jul 06, 2009 - Eric Smyth

The RBA has stated that Australians are cash-based society but that the use of the credit card and debit cards is growing as customers seek more suitable payment methods.

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Savings Accounts Australia

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