Credit cards

Are credit cards a good way to fund my business?

4:00AM | Tuesday, 15 April 2014 |  Despite the risks involved, many entrepreneurs have no other choice but to fund their start-up with a credit card.

How can I protect myself from late payment problems?

10:00AM | Tuesday, 29 October 2013 |  Don’t let your best customer become your worst customer – the more indebted a particular customer is to you, the less you can afford to offend them.

Start-ups set to be hit by rising credit card costs

1:10PM | Tuesday, 10 January 2012 |  Credit card interest rates will continue to rise despite a drop in the official cash rate, according to research firm Canstar, spelling bad news for start-ups planning to spend on credit this year.

Retailers urged to address payments fraud

12:45PM | Friday, 16 December 2011 |  The Australian Payments Clearing Association has issued fraud protection guidelines for merchants, after revealing total payments fraud increased to 12.2 cents in every $1,000 transacted over the year.

Australia divided into consumer “tribes”: KPMG

8:25PM | Tuesday, 9 August 2011 |  Australia’s population can be divided into two distinct “tribes” based on their consumption habits, according to a new report, highlighting opportunities for start-ups to appeal to a particular demographic.

Australian Bankers’ Association rejects call for credit card surcharging cap

7:27PM | Tuesday, 26 July 2011 |  The Australian Bankers’ Association has rebuffed a proposal to cap the surcharge fees imposed by credit card customers, much to the dismay of EFTPOS payment platforms.

Consumer optimism dubbed a “mirage” as BSI falls 0.3%

7:31PM | Wednesday, 20 July 2011 |  The recent optimism about consumer spending has been labeled a “mirage” by a leading economist, with the latest Commonwealth Bank Business Sales Indicator falling by 0.3%.

Younger shoppers spending beyond their means: D&B

7:00AM | Friday, 15 July 2011 |  Younger consumers are more willing to spend than their older counterparts but are relying on credit cards to do so a new Dun & Bradstreet survey reveals.

Social media surge fuelling credit card scams: Report

6:32PM | Thursday, 23 June 2011 |  New figures reveal online credit card scams are increasing, with social media attributed partial blame, but the Australian Bankers Association insists fraud rates are still low.