Episode 27

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Published on:

21st Dec 2021

Why paying for drinks with your mobile is safer than using a credit card

Covid-19 has changed our spending behaviours – we moved from cash to cards and quickly to mobile payments. Arun Devidas, the head of card issuing and acquiring at Bendigo Bank, joins Money managing editor Julia Newbould on the Friends With Money podcast, to talk about what mobile wallets are, the growth of mobile payments and their advantages over credit cards. Plus, find out how can you prevent your children racking up big credit bills behind your back.

They also discuss:

  • Why mobile wallet take-up was a slow burn
  • Why initial account set-up is key to securing mobile payments
  • And how mobile payments are increasing in popularity, particularly at bars and restaurants

Website:  www.moneymag.com.au

 

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About the Podcast

Friends With Money
Earn. Save. Invest.
We all have questions about money; how to earn it, how to spend it, and the best ways to invest so we can watch it grow.

The Friends With Money podcast, created by Money Magazine (Australia’s longest-running and most-read personal finance magazine), shares its extensive network of finance experts, in-depth knowledge of markets and timely advice to help you understand the world of money.

Hosted by senior writer, Tom Watson, and editor-in-chief, Michelle Baltazar, Friends With Money is a weekly chat with a variety of credentialed guests that you won’t want to miss. Listening and learning will help you on the path to financial freedom.