Four major credit card networks dominate the market in Australia: American Express, Mastercard and Visa. Each credit card network—also called a card association—may work a little differently ...

Interest on credit cards adds up quickly. According to the Reserve Bank of Australia, Australians hold $19.6 billion in credit card debt that is accruing interest at an average rate of 18.51% ...

Australia’s financial technology landscape is undergoing a remarkable transformation, especially in the domain of credit card ...

This marks a slower pace of expansion compared to previous years. Australia’s card acquiring market is expected to grow by 5.5% to reach $713.4b 2025, but this marks a slower pace of expansion ...

SINGAPORE: 26 Oct. 2017 — It has been an eventful year for the credit card industry in Australia brought about by the Reserve Bank of Australia’s (RBA) Card Payments Regulation reforms. To comply with ...

In recent years, Australia has experienced a spike in credit card debt due to unprecedented spending. Nationally, monthly credit card purchases hit $34.4 billion in July 2023, according to Reserve ...

Well, now, American Express has launched the first proper Cashback Credit Card in the Australian market, which gives its customers a percentage cashback on their purchases, as well as a number of ...

"All Australian cardholders will need to know their credit and debit card PINs by August 2014," said Nicole Pedersen-McKinnon, the spokeswoman for the payment's industry's PINwise campaign.

Credit card companies in Australia include payment networks, credit card providers that issue cards, and some airlines or retailers that offer co-branded cards. From payment networks to the Big ...