How much do Australian banks pay for Apple Pay?

With the news of NAB switching on Apple Pay fresh in the ears, it’s been revealed just how much Australian banks actually pay to use the digital wallet service.

12 ways to stop impulse buying

Do you remember the movie Confessions of a Shopaholic? At the start of the movie, the main character, Rebecca Bloomwood, is a financial train wreck. She spends with wild and reckless abandon, maxing out 12 credit cards thanks to her uncontrollable urge to splurge.

RBA praises new payments platform development

RBA Assistant Governor Michele Bullock has provided an update on the progress of the new payments platform (NPP), praising the success of its implementation and adoption by smaller institutions.

What is a direct debit?

Read our simple overview of the basics of direct debits, including the dangers they present.

Credit card use on the rise

The Reserve Bank’s latest payments system data shows a slight increase in the use of credit cards in February.