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New Technology paves the way for cashless future

A customer uses the ANZ bank website in Canberra, Tuesday, Sept. 15, 2009. (AAP Image/Alan Porritt) NO ARCHIVING

Looking at the ANZ bank website in Canberra, Tuesday, Sept.15, 2009 (AAP Image/Alan Porritt) NO ARCHIVING Source: AAP

New technology is being introduced which will push Australia even further towards being a cashless society. From January, The Reserve Bank of Australia will roll out a new system to allow instant bank transfers between different institutions.



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