It's faster, you don't have to carry cash, and card payments are accepted by 97 per cent of merchants, according to research by the Reserve Bank of Australia (RBA). But digital payments have ...

Cash use in Australia has steadily declined over the ... Meanwhile, debit and credit card payments have remained strong, with debit card usage increasing over the same period.

National Seniors Australia chief advocate Ian Henschke ... While almost all Metro customers choose to pay with cards, cash remains incredibly important to those who don't for a whole range of ...

Of the 13,000 payments, only 17 were with cheques ... But in 2020, the Morrison-led Coalition government backed down. If Australia wants to ban cash (and ban it for small transactions, too ...

As Sweden rolls back its push toward a fully cashless economy, Australia is confronting its own digital tipping point.

Treasurer Jim Chalmers said while around 1.5 million Australians still use cash for more than 80% of their in-person payments, the number of businesses accepting them has shrunk.

AUSTRAC imposes a $3,250 cash limit on deposits and withdrawals at crypto ATMs. The move aims to reduce fraud and ...

The bulk of Australian consumers say businesses should be banned from passing on surcharges, with figures showing it is actually a cheaper form of payment than cash.

Australia Post has reached agreements ... a high share of their transactions, and some high cash users may have few alternative methods of payment available to them,' it said.

According to the FIS Worldpay Global Payments Report, Australia is projected to be 98 per cent cashless by 2024, and cash payments are expected to decline to just 2.1 per cent of in-store purchases.

Claims about cashless societies are a recurring theme of misinformation globally, including a slew of social media posts in ...

Cheques account for 0.2 per cent of non-cash retail payments in Australia. Australia will phase out cheques by 2030. Finland was among the first countries to eliminate cheques, doing so three ...