Although it's said that cash is king, a new FIS report says "the sun is officially setting on the use of cash for retail payments in Australia, with the economy projected to be 98% cashless by 2024.
Card payments company Square reports a significant increase in the proportion of businesses that are effectively cashless.
Is MasterCard desperate for Australians to give up cash? Cash may ‘no longer be King’ according to a MasterCard survey, but is that just a credit card company’s dream scenario?
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