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Australia to be completely cashless society by 2024 – NEWS.com.au
Australia to be completely cashless society by 2024
Do you have any cash in your wallet right now? When was the last time you used an ATM? A new report predicts cash will mostly be phased out within just three years in Australia as we ditch notes and coins for card-only transactions.
According to the latest annual Global Payments Report by fintech company FIS, Australia will be mostly cashless within a few years, with the research projecting only around 2 per cent of transactions in Australia will be cash by 2024, a large drop from 8.3 per cent in…
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