Cash is king for bargain Christmas shopping
New research into shopping shows credit card use can affect our perception of money and how wisely we spend it.
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Visa and MasterCard join forces to ban the signature
In September 2013, business rivals Visa and MasterCard received interim authorisation from the ACCC to work together on a campaign to phase out signatures for transaction on Australian issued chips cards under a plan called PIN@POS.
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Loyalty rewards betrayal
Bad news for consumers - one of Australia's largest loyalty programs may be on the brink of collapse and could leave 700,000 Australians and some of the nations biggest companies including Myer, iselect, Hoyts and GE Money, in the lurch. A scale of betrayal echoing the collapse of Ansett and their frequent flyer program in 2001.
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Defiant credit card interest rates
Despite the 2 percent drop in the official interest rate since November 2011 the average credit card interest rate has dropped just 0.15 percent over the same period reports Fairfax Media.
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Sydneysiders get new alternative to paying uber taxi credit card surcharges.
Sydney taxi users now have an alternative option to paying the exorbitant surcharges by cabs for fares paid on credit card with the launch of uberTAXI.
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NFC fraud threat on the rise.
Hackers are increasingly turning their attention to gaining credit card details from Near Field Communication (NFC) enabled devices as the system increases in popularity and the amount of users.
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EFTPOS to trial mobile payment technology
The next big step for mobile wallets could be on its way with the news that EFTPOS, the electronic payment system for debit cards and credit cards, will soon be trialling its own version of a mobile payment system, according to Inside Retailing.
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Australia's $1.4billion spend to show appreciation for mum.
Australian's are expected to spend almost $1.4 billion on spoiling mum this Mother's Day, up 2.7 percent from 2012. And taking mum out for a meal will be the top way that Aussies choose to show their appreciation, according to the IBISWorld Mother's Day spending forecast for 2013.
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Growing casualties of the new credit card surcharge rules
Consumers are finally starting to see enforcement of the credit card surcharge rules that were imposed by the Reserve Bank of Australia (RBA) earlier this year, reports the News Limited Network.
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Commonwealth Bank upgrades Kaching for Android users.
The Commonwealth bank has announced upgrades to its Kaching app for Android users, but NFC won't be replacing their plastic credit cards just yet.
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