Posts tagged "cashless transactions"

A March 2021 RBA report found from March 2020 to February 2021, the value of banknotes in circulation rose 17.1% to $97.3 billion because people were holding onto money at home.

A small but vocal group of Australians are using social media to name and shame businesses which do not accept cash, despite contactless card transactions becoming the de facto form of payment for enterprises across the country.