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Are you concerned by bank fees for your business, club, or association?

24/06/2020 by Mark Grant

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Costless Payment Solutions

Retail figures released recently by the RBA (Reserve Bank of Australia) evidence an increase across the country. Further to the RBA’s report, 828 million purchases were made by Australian-issued cards (Credit/Debit) during the month of May 2020 (a 16.5% month-on-month increase). The total monetary value of the card purchases was $52.3 billion. In April 2020, card spending fell by 22% as a result of COVID-19 restrictions impacting consumers spending patterns. How has this change in our economy impacted you and your business?

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