Australians lose nearly $1 billion a year in card surcharges

Card Surcharges.jpg

Australians lose nearly $1 billion a year in card surcharges and the RBA has warned banks it has to stop Source: AP

RBA has threatened to mandate LCR if the industry does not meet the target of 80 per cent uptake by the middle of the year. Praba Maheswaran Praba Maheswaran spoke to Gajan Mahendran and presenting a news explainer.


Listen to SBS Tamil at 12 noon on Pop Desi channel on Mondays, Wednesdays, Thursdays and Fridays & 8pm on Mondays, Wednesdays, Fridays and Sundays on SBS Radio 2. Find your area’s radio frequency by visiting our tune in page. For listening on DAB+ digital radio, search for ‘SBS Radio’.

Share
Follow SBS Tamil

Download our apps
SBS Audio
SBS On Demand

Listen to our podcasts
Independent news and stories connecting you to life in Australia and Tamil-speaking Australians.
Ease into the English language and Australian culture. We make learning English convenient, fun and practical.
Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS
Tamil News

Tamil News

Watch in onDemand