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PayDay News | Australian Payments News

Distrust in major banks gives leg up to new payment types because “everything’s too expensive”

Reporter
22 Oct, 2025
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Rachel St Clair
Reporter
22 Oct, 2025
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Around 40 percent of Australians express distrust towards the major banks, while “the cost of living crunch does not discriminate”, according to new research from Nielsen Consumer & Media View (CMV).
Distrust in major banks gives leg up to new payment types because “everything’s too expensive”
PayDay News

Around 40 percent of Australians express distrust towards the major banks, while “the cost of living crunch does not discriminate”, according to new research from Nielsen Consumer & Media View (CMV).

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