Australian banks are taking further measures that would make them more responsible lenders, especially when it comes to the use of credit cards for gambling transactions. In fact, the efforts towards a ban on using credit cards for gambling has been increasing for some time. Back in July 2019, one of the major banks in Australia, Macquarie, revealed that it had decided to suspend its customers from using their credit cards to pay for their gambling. All transactions registered under the gambling merchant category are automatically suspended, as confirmed by…
Read MoreAustralian Banks Become More Engaged in Suspending Credit Cards for Gambling Transactions
