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Cash used to be king; but more people are saying no to coins and notes

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AUSTRALIAN CURRENCY STOCK

Australian dollar coins and banknotes in Melbourne, Thursday, April 4, 2024. Credit: JOEL CARRETT/AAPIMAGE

Since the pandemic, the concept of cash has been waning. Some businesses no longer accept coins and notes, whilst others are reluctant to take your currency. Whilst most people prefer to use digital payments, everyone could be impacted if cash dispersal from Australia.

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By Rania Yallop

Presented by Mayada Kordy Khalil

Source: SBS

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Since the pandemic, the concept of cash has been waning. Some businesses no longer accept coins and notes, whilst others are reluctant to take your currency. Whilst most people prefer to use digital payments, everyone could be impacted if cash dispersal from Australia.

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