Will cash soon be a thing of the past?
Cash is still king for many people, especially during times of increasingly frequent online outages.
Last night’s 7:30 Report explored the impacts in the decline of the use of cash, as well as the government’s proposed mandate for businesses that sell essential items to accept cash Will cash soon be a thing of the past? | 7.30.
While the Australian Banking Association suggests it’s all part of a “digital revolution” and banks are simply “following the habits of their customers”, NSA argues banks are forcing people to adopt behaviours they’re not comfortable with or don’t have the resources to adopt, as highlighted in NSA’s KEEP CASH campaign.
