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Is the virus the meteor that finally wipes out the dinosaur of cash? – The Australian Financial Review

Businesses that have shunned cash in the pandemic may be finally nudging the public away from clunky notes and coins.

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Customers themselves didnt want to use cash, preferring a tap card or a phone-based payment method such as Apple Pay or Google Pay. Even Westpac, which had seemingly resisted the move by ANZ and later Commonwealth Bank to make their cards compatible with Apple Pay, relented towards the end of 2020, acknowledging that customers are getting used to the convenience of tapping their phone, rather than carrying around a wallet, let alone going to an ATM for cash to pay for things in what can most charitably…

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