<
https://theconversation.com/cash-could-be-almost-gone-in-australia-in-a-decade-but-like-cheques-wholl-miss-it-208020>
"Late last year, the Reserve Bank gave 1,000 Australians diaries and asked them
to record every payment they made over the course of a week. Of the 13,000
payments, only 17 were with cheques.
It’s been an astounding collapse. Back in 1980 at the start of the credit card
era, 85% of non-cash payments were made with cheques. Today it’s less than
0.1%.
Earlier this month, the government announced it was following New Zealand,
Denmark, the Netherlands and others, closing our cheque system down by 2030.
Meanwhile, New Zealand is already on to the next thing. Having phased out
cheques, it’s now looking at winding down the use of cash.
So how close is Australia now to becoming a cash-free nation?"
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
