The words “cashless society” are deployed regularly in the media to generate immediate interest (and clicks). It’s so interesting to so many people because the Cashless Society is a trope, a theme, a prediction dating back thousands of years sparking both fear and excitement. What does the bible say about a cashless society? In the christian bible, (Revelation 13) the
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New research shows 71 per cent of Australians are concerned about going completely cashless – especially Baby Boomers, regional and lower-income Australians. “Research by payments technology company Waave found 41 per cent of Australians are “extremely concerned” about going cashless. Two-thirds say it will exclude people and exacerbate economic inequality, 58 per cent worry about paying more fees, and 42
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ATM cash withdrawals are trending up and there’s more cash on issue than ever before. New data from the Reserve Bank of Australia reveals the number of ATM cash withdrawals is trending up in 2022. The value of cash withdrawals is stable, indicating that cash is being withdrawn for daily use, not for hoarding. RBA data also shows the total amount of cash on
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