Buy Now Pay Later users are missing meals and essentials to pay their debts, more government data has confirmed.
Don't believe the FAKE NEWS. Australia is NOT going cashless and other advanced economies are not going cashless either.
Australians lost close to one billion dollars last year to scammers. Over $851 million in losses was reported from 444,000 victim reports in 2020 but these numbers are probably understated.
Do people spend less when using cash rather than credit/debit cards or mobile phone payments?
University research has described the ‘war on cash’ and issued a dire warning.
Retailers must provide a surcharge-free option for consumer payments
Are we being herded into a cashless society? Australia lost 643 bank branches and a massive 4,194 bank-owned ATMs in the four years to June 2020 according to the Australian Prudential Regulatory Authority and the trend has accelerated since then.
Small business owner Jenny Nguyen from Footscray has decided to go cash-only in her florist.